a1 Flashcards
a1 (28 cards)
Little’s Law
It demonstrate that the duration of the work queue is dependent on its size.
It provides a relationship betwenn productivity and WIP ( size of work wueue)
Cycle Time- Duration of work queue
ROI
It is the ratio of money we receive at the end of the project to the money we have invested. It is expressed in %
NPV
To evaluate the value of 2 projects that will be completed at different times, we use NPV. So the one with the highest NPV is the best.
IRR
Shows the earning potential of the project. The higher the rate, better the investment proposition
S- Curve
It tracks cost or any other variable against time
Team performance & Progress Tracking
Can be done using :
1. Burnup Chart
2. Burndown Chart
3. Cumulative Flow
Diagrams (CFDs)
4. Velocity
Cumulative Flow Diagrams (CFDs)
CFDs can be used to find bottlenecks, which is teh activity that lies below the widened band.
Shu- ha- Ri
It is teh model of team development. Shu- Follow Ha- Breaking Free, Ri- Innovate ( go beyond)
Dryfus Model
Novice–> Adv. Begginer–>Competant–>Proficient–>Expert
Tuckman Model
Forming-> Directing
Storming-> Coaching
Norming–> Suporting
performing–> Delegating
Adjourning
Swarming
Collective Problem Solving
Compound Stories
It includes multiple goals
Candidate Story
When the team revisit their plan to mitigate the identified issue, they prpose a new candidate user story to teh prodcuct owner for approval
Project pre-mortems
It helps to identify the potential risks to the project so that we can mitigate them
High Bandwidth communication
Face to Face
Force Field Analysis
It looks at the factors that are for and against the change and assigns a number to them
Personas
They are used to elicit requirements by imaginaning how fictional users would interact with product or system
Epic
It is also called capability
Relative Sizing
Practise of estimating something as required more or less effort
Minimal Markatable Feature
Smallest bit of functionality that adds value to the customer
EVM
It is captured at iteration level
Value Stream mapping
Looks at the series of processes & follows them through the entire system to understand them better and analyse the value they deliver
Burn Rate
Reflects the labour Cost for a given iteration.
Burnup chart shows story points on Y axis and Time on X- axis
Planning Poker
Estimation Technique after the user stories have been written but before the story points have been determined. Estimate is done in story points
