Industry Standards

To keep a product or service viable, organizations must adopt new or updated industry standards. The necessary work should be captured as user stories and placed in the program and/or portfolio backlog, then prioritized alongside other initiatives.

Key Points

  • Changes to industry standards drive mandatory work to stay competitive and compliant.
  • Translate each standard update into clear user stories with acceptance criteria.
  • Add these items to the program or portfolio backlog and prioritize by value, risk, and deadlines.
  • Reflect standards in Definition of Done and plan dependencies, audits, and release timing.

Example

A payment platform must align with a new PCI DSS requirement. The product manager creates user stories for stronger encryption and enhanced logging, adds them to the portfolio backlog, and prioritizes them ahead of the next major release to ensure continued market viability and compliance.

PMP Example Question

A standards body issues a new version of an industry standard that affects your product. What should the agile program do first?

  1. Wait until teams have capacity in a future iteration to address it.
  2. Create related user stories and place them in the program/portfolio backlog for prioritization.
  3. Treat the update as optional stretch goals for the next sprint.
  4. Ask teams to implement changes immediately without backlog impact.

Correct Answer: B — Create user stories and prioritize them in the program/portfolio backlog

Explanation: Industry standard updates must be captured as backlog items and prioritized at the appropriate level to maintain product viability and manage risk and timing.

Project Management Bootcamp

Embark on a transformative journey with our Project Management Bootcamp at HK School of Management. Elevate from beginner to pro using the latest PMBOK and Process Groups Practice Guide. Our unique, engaging approach makes learning interactive and fun, replacing dull slides with dynamic doodles and real-life scenarios.

This hands-on program includes working on two full project plans. The first evolves as you learn, while the second culminates in a comprehensive plan, solidifying your expertise. You'll navigate real-world challenges, backed by quizzes and in-depth analysis, avoiding common pitfalls and setting you on a path to success.

Enhance your learning with downloadable materials and templates, invaluable for your future projects. The course covers essential topics like PMI, PMO, PMBOK, and project management ethics, delving into critical process groups and key areas such as scope, schedule, cost, and stakeholder management.

Learn from seasoned professionals and join a community of enthusiastic lifelong learners. Ready to master project management and lead with confidence? Enroll now and start your transformation!



Take Control of Project Performance!

HK School of Management helps you go beyond status reports and gut feelings. In this advanced course, you’ll master Earned Value Management (EVM) to objectively measure progress, forecast outcomes, and take corrective action with confidence. Learn how WBS quality drives performance, how control accounts really work, and how to use EAC, TCPI, and variance analysis to make smarter decisions—before projects drift off track. Built around real-world examples and hands-on exercises, this course gives you practical tools you can apply immediately. Backed by our 30-day money-back guarantee—low risk, high impact for serious project professionals.

Learn More