Agile Scrum Velocity




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Velocity is a simple but powerful method for measuring the rate at which Scrum teams deliver business value. To calculate velocity, simply add up the estimates (usually in story points) of the features, user stories, requirements or other backlog items completed in an iteration. Only work completed per the definition of done counts.

Velocity, Actual

Actual velocity is the sum of the team’s delivery of completed work during an iteration, usually measured in story points.

Example 1: A team completed work on three out of three stories in a sprint:

• Completed story “A” had 3 points
• Completed story “B” had 5 points
• Completed story “C” had 8 points

The sum of the three completed stories is 16, so the velocity is 16.

Example 2: A team completed work on two out of three stories in a sprint:

• Completed story “X” had 2 points
• Completed story “Y” had 5 points
• Incomplete story “Z” had 5 points

Only completed stories count. The sum of the two completed stories is 7, so the velocity is 7.

Velocity values may fluctuate from iteration to iteration, but the values often stabilize for teams after they’ve completed between three and six sprints.

Velocity, Planned

Planned velocity is the historical velocity for the team. It is sometimes called the estimated velocity or ideal velocity. If the team has not done any iterations before, there is no historical data, and planned velocity does not yet apply. If there is historical data, sum all the velocity values and divide by the number of iterations to obtain the mean average, and use that value as the planned velocity. Using a simple method like the preceding one is advised, especially when starting out with Agile Scrum. Some organizations use alternatives—such as a three-point moving average, trimmed mean average or the median average—for planned velocity.

This content is an abridged excerpt from the award-winning book,
Agile Scrum: Your Quick Start Guide with Step-by-Step Instructions, available in digital and print formats.

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Scott M. Graffius Speaking on Ensuring that Projects are Aligned with Strategic Objectives and Other Key Factors at California Inland Empire Chapter of Project Management Institute



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Scott M. Graffius will present “10 Ways to Score and Prioritize Project Proposals Based on Multiple Factors, Including Strategic Alignment” at an event of the California Inland Empire Chapter of the Project Management Institute (PMICIE Chapter). The session will occur on Tuesday, February 9, 2021. It will be Scott's third talk at the Chapter.


Everyone is welcome to attend (PMICIE membership is not required). To register, visit
here.

Attendees of this session may be eligible to receive continuing education unit (CEU) credit, equivalent to 1.50 hours. For reporting with the Project Management Institute (PMI), it’s 1.50 professional development units (PDUs), under the Strategic and Business Management category. For reporting with the Scrum Alliance, it’s 1.50 Scrum educational units (SEUs), under either the Learning category or the Events category. For reporting with other organizations, refer to their respective instructions.

Description of Talk

How does your organization assess proposals for new projects? Is there a well-defined scoring and prioritization process — based on alignment with the business’ strategic objectives and other factors — to quickly and easily identify the objective value of each proposal (including how important it is relative to other initiatives)? If the answer is “no,” keep reading. If the answer is “yes,” you are likely to find practical information and examples in this talk to adapt and adopt to improve the process at your organization.

Benefits (Key Learning Objectives)

This talk will help you develop and enhance the contributions you make to your organization by being able to:

  • Understand the benefits of scoring and prioritizing project proposals based on strategic alignment and other factors.
  • Identify selection and prioritization criteria appropriate for your unique organization, leveraging the flexible framework and some or all of the 10 factors presented during the talk.
  • Put the practical, actionable information presented to use. During the session, we will run an example project proposal through the process, step-by-step. You will receive a summary “cheat sheet” that you can reference as a guide to help implement or improve this process at your organization.

Audience

This session is designed to be of value to project, program, and portfolio managers; project, program, and portfolio management office staff; Center of Excellence staff; Scrum Masters, Product Owners, agile coaches, and other agile practitioners and staff; executives making decisions about organization strategy; functional managers; researchers; customers; and additional stakeholders.

References

The talk draws on the speaker’s first-hand experience, with his guidance supported by related standards, best practices, and recommendations from the Project Management Institute, IEEE, MIT, Harvard Business Review, Scrum Alliance, Deloitte, and others.

Speaker Bio

Scott M. Graffius, PMP, CSP-SM, CSP-PO, CSM, CSPO, ITIL, LSSGB is an agile project management consultant, practitioner, award-winning author, and keynote speaker. Content from his books, speaking engagements, and more has been used by businesses, governments, and universities, including: Gartner, Cisco, Ford, Qantas, Atlassian, Bayer, the United States Department of Energy, the New Zealand Ministry of Education, Tufts University, Texas A&M, and others. Thinkers360 named Scott a Top 20 Global Thought Leader and Influencer on Agile. His full-length bio is available at:
https://bit.ly/bio-smg.

About the California Inland Empire Chapter of the Project Management Institute

The Project Management Institute - California Inland Empire (PMICIE) Chapter was chartered by the Project Management Institute in 2002. Based in Rancho
Cucamonga, California, it is committed to the advancement of the project management profession. The Chapter provides its members with networking, training, and professional development opportunities. Its website is https://pmicie.org.


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