How to Decompose Epics & Stories

Assigning Epics effort estimates is risky business. However, since organizations usually require schedules and budgets when uncertainty is at its highest, continuously defining effort as the decomposition process evolves may work. It must be remembered, no estimate is completely accurate but this process does offer a consistent measurement. This model begins by assigning high estimates and reducing the value

Numbers, Time and Benchmarks

What do you value? Numbers and time are interesting. They have no value in themselves, but success is constantly measured by them. Sports teams, businesses, families and even religious organizations have their set of sacred numbers and times. Either is simply the representation of value. If I am hungry two apples are more valuable than one.

Project Cost Example

Important Please read the previous post explaining this model, before reviewing the example below. This example uses the following steps. Adds employee salary, benefits and contractor fees as cost variables. Calculates how much these variables cost each week. Sets highest number of story points burned down during a sprint as benchmark. Multiplies the weekly cost of the sprint by

Calculating Project Costs Using Story Points

Fibonacci Numbers & Dog Breeds? Managers using the cost accounting method to estimate projects are often lost when it comes to calculating the cost of Agile Scrum projects. Where the cost accounting method typically uses cost of time per project task as a key variable, Scrum uses effort estimates and “time boxes”. To make matters worse, effort estimates