LPM in Practice: Participatory Budgeting with SAFe CoFund Presented with Cprime

LPM in Practice: Participatory Budgeting with SAFe CoFund Presented with Cprime

SAFe’s guidance on funding value streams effectively to support LPM.

When:

November 9, 2023, 8:00 am – November 9, 2023, 8:30 am MST

Where:

Zoom

Who:

Agile Leaders, Portfolio Managers, Product management, Release Train Engineer, Solution Management, VMOs

Event Overview

The LPM in Practice series returns with an exciting view of Portfolio prioritization and Participatory Budgeting in SAFe organizations. In today’s business climate, organizations are continuously seeking innovative approaches to improve their responsiveness, and overall business outcomes. Lean Portfolio Management (LPM) has emerged as SAFe’s key strategy for achieving these goals. However, traditional funding models pose a challenge to realizing the promise of LPM and SAFe. Participatory budgeting is a collaborative portfolio event for allocating the portfolio budget to its value streams, and it’s adoption is increasing SAFe portfolios.

This panel discussion explores the integration of Participatory Budgeting and SAFe’s new application, SAFe CoFund, to advance LPM and enable focus on the right portfolio investments to achieve the strategy. The panelists feature industry experts from Cprime who have successfully implemented the shift and were the early adopters of CoFund.

Speakers

Neru Obhrai

Principal Consultant at Radtac, SAFe SPCT at Cprime, Inc.

Neru is a certified SPCT and experienced Transformation Coach, who has lead and delivered a range of large scale, complex business transformation programmes.
After 3 decades of delivery of business solutions in the airline sector, Neru has also led multiple transformation initiatives within the finance and telco sectors. As a principal consultant with Cprime, Neru takes pride in establishing high performance diverse departments to deliver quality solutions and services and championing the drive for excellence

Ken France

VP, Enterprise Agility Practice and SAFe Fellow at Cprime, Inc.

Ken France is an executive enterprise coach cultivating transformational organizations, a recognized and highly-rated trainer, and one of the first US minted SPCT and a SAFe Fellow. Ken France has worked with SAFe since its inception, contributing actively to the framework, including SAFe LSE/4.0. With 25+ years’ experience in Information Technology, Ken has successfully supported multiple Fortune 100 enterprises tackling large and complex scaled agile transformations across numerous verticals.

Isaac Montgomery

SAFe Fellow and SPCT at Cprime, Inc.

I’ve spent the past 25 years working with organizations across the spectrum of sizes and industries seeking to realize the promises of business agility – responsiveness, productivity, quality, predictability, customer satisfaction and employee engagement. By helping leaders understand how their operating model and leadership practices drive the culture and performance of the organization, we’ve been able to realize lasting change and measurable improvements. Through these experiences I’ve become recognized as a thought leader in the areas of lean portfolio management (LPM), agile product management (APM), and organizational change management (OCM). While I regularly speak and teach at conferences around the world, and am a contributor to the Scaled Agile Framework (SAFe), my passion remains working in the field, helping organizations achieve sustainable competitive advantage and business agility.

Deema Dajani

SAFe Fellow and Product Manager at Scaled Agile, Inc.

A SAFe Fellow, Deema helps large institutions create the environment to shape disruption like a startup with business agility and Lean Portfolio Management (LPM). Deema currently serves as a Scaled Agile Product Management Director focused on enabling sustainable SAFe transformations at scale. Co-founder of Women in Agile, a non-profit organization focused on breaking barriers and inclusivity in the agile community.

Adopting Participatory Budgeting in SAFe

Safe Business Agility

In this podcast episode learn about the benefits of using participatory budgeting in the public sector, and get tips for adopting participatory budgeting as part of your SAFe practices.

Click the “Subscribe” button to subscribe to the SAFe Business Agility podcast on Apple Podcasts

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SAFe in the News

In this segment, we will chat about the case for using participatory budgeting in the public sector.
Full article

SAFe in the Trenches

Listen as Luke Hohmann shares a real-world example of how an organization that used participatory budgeting realized better outcomes than if it had gone the traditional route.

To learn more about Lean budgets, including participatory budgeting, visit scaledagileframework.com/lean-budgets/

Audio CoP

The Audio Community of Practice section of the show is where we answer YOUR most frequently asked and submitted questions. If you have a question for us to answer on air, please send it to podcast@scaledagile.com

The two questions we answer in this episode are:

  • Can organizations use participatory budgeting even if they haven’t yet organized around value streams or adopted other Lean-budgeting techniques?
  • What are the pitfalls of participatory budgeting, and what antipatterns do organizations need to know about when initiating it in their organization?

Hosted by: Melissa Reeve

Melissa Reeve is the Vice President of Marketing at Scaled Agile

Melissa Reeve is the Vice President of Marketing at Scaled Agile, Inc. In this role, Melissa guides the marketing team, helping people better understand Scaled Agile, the Scaled Agile Framework (SAFe) and its mission.

Hosted by: Luke Hohmann

Luke Hohmann -  member of the Framework team

Luke Hohmann is a Principal Consultant and member of the Framework team at Scaled Agile, and the inventor of Innovation Games®. A former Board member of the Agile Alliance and the author of four books with long titles, Luke’s playfully diverse background of life experiences has uniquely prepared him to design and produce people-powered tools that increase Agility.

Luke graduated magna cum laude with a B.S.E. in computer engineering and an M.S.E. in computer science and engineering from the University of Michigan. In addition to data structures and artificial intelligence, he studied cognitive psychology and organizational behavior. In his spare time, Luke likes spending time with his four kids, barbecuing for friends, and his wife’s cooking. He also enjoys long runs in the Santa Cruz mountains to burn off his wife’s cooking and work on his Dreamlog.