Value-Driven

Definition of Value-Driven

Value-Driven is being guided by the pursuit and delivery of value, often in terms of customer needs or business objectives.

Pronunciation Spelling

VAL-yoo DRIV-en

Example Sentence

Embracing a value-driven approach, we prioritized delivering more value over appeasing squeaky wheels

Significance

Agile practitioners should be acquainted with the term “value-driven” as it reflects the core principle of prioritizing activities or tasks based on the value they bring to the customer or the project. Being value-driven guides decision-making, helping teams focus on delivering high-value features that align with customer needs, thereby maximizing outcomes and ensuring efficient resource utilization. Understanding this concept aids in creating a customer-centric approach to product development, fostering adaptability, and achieving desired outcomes in an iterative manner.

Additional Resources

• Agile Manifesto
• Business Value in Agile: The Why is Valuable
• The Elements of Value
• Questing for Value
• Business Value of Agile Data Warehousing User Stories
• Epics and Outcomes