# Participatory Budgeting: Funding in the 21st Century

> A collaborative approach to distributing innovation and development budgets faster, more transparently, and more effectively along value streams and strategic priorities.

- Date: 2021-06-29
- Source: https://romanoroth.com/en/speaking/participatory-budgeting/
- Tags: Agile, Budgeting, Value Streams, Innovation


How can innovation and development budgets be distributed faster, more transparently, and more effectively? Participatory Budgeting offers a collaborative approach to steering investments not project-by-project, but along value streams and strategic priorities.

## What This Talk Covers

Using a concrete practical example from Zühlke, this talk shows how a market portfolio can be jointly prioritized using clear budget frameworks, epic pitches, and moderated decision rounds.

## Key Messages

**1. From Project Budgets to Value Stream Funding**
Traditional project-by-project funding is slow and inflexible. Participatory Budgeting steers investments along value streams and strategic priorities for faster, more effective allocation.

**2. Transparency and Commitment**
The approach creates transparency, increases stakeholder commitment, and supports agile, adaptive budget steering. Everyone involved understands why decisions are made.

**3. Success Factors**
The success of participatory budgeting depends strongly on good preparation, clear information, and professional moderation. Without these foundations, the approach falls short.