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Davis, MSPM, PMP  \n2020 Project Management Symposium  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nUMD Project Management Symposium  \nMay 7-8, 2020 Slide 2  \nAbout Me  \n• 30+ years in Information Technology  \n• Agilist / Scrum Master / Project Manager  \n• Pluralsight Author  \n• Conference Speaker  \n• Adjunct Instructor  \n• Creator of Statistical PERT®  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nScope / Value  \nTime / Schedule Cost / Budget / Resources  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nUMD Project Management Symposium  \nMay 7-8, 2020 Slide 4  \nWhen will the project’s scope be delivered?  \nWhen can the next  \nproduction release  \nbe ready?  \nWhat will be delivered by our hard delivery date?  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nUMD Project Management Symposium  \nMay 7-8, 2020 Slide 5  \nWhy Create an Agile Forecast?  \n• It aligns the agile team and their stakeholders on the current progress of the team’s development effort  \n• It fosters good decision-making by forecasting whether stakeholder expectations are feasible or infeasible  \n• It’s easy to do what-if analysis using historical data and subjective judgment  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nUMD Project Management Symposium  \nMay 7-8, 2020 Slide 6  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nUMD Project Management Symposium  \nMay 7-8, 2020 Slide 7  \nStatistical PERT ®  \n• Freely licensed (GNU GPL) Excel spreadsheet  \n• Compatible with Excel 2010 and later  \n• Nothing to install—it’s just a spreadsheet!  \n• No macros, no security issues  \n• Free download with no registration  \n• Presented at the 2016 PMI Global Congress  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nUMD Project Management Symposium  \nMay 7-8, 2020 Slide 8  \nWhy Use a Probabilistic Agile Burn-up Chart?  \n• It visually conveys a lot of information quickly  \n• It shows three possible outcomes  \n– Optimistic  \n– Expected  \n– Conservative  \n• It’s easy to keep updated as things change  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nUMD Project Management Symposium  \nMay 7-8, 2020 Slide 9  \nProduct Backlog (To Do & Done)  \nNet gain (more SPs)  \nNet loss (fewer SPs)  \nCopyright © 2020 by William W. Davis, MSPM, PMP  \nUMD Project Management Symposium  \nMay 7-8, 2020 Slide 10  \nProduct Backlog (To Do & Done)  \nOptimistic Outcome  \nExpected Value  \nPessimistic Outcome  \nTotal“Done”  \nCopyright © 2020 by William W. Davis, MSPM, PMP","cbCaicPLc5ErD70W","https://ap.wps.com/l/cbCaicPLc5ErD70W","pdf",2422153,10,38,"English","# About Me\n# Scope / Value\n## When will the project’s scope be delivered?\n## When can the next production release be ready?\n## What will be delivered by our hard delivery date?\n# Why Create an Agile Forecast?\n# Statistical PERT\n# Why Use a Probabilistic Agile Burn-up Chart?\n# Product Backlog (To Do & Done)","[{\"question\":\"What is the purpose of creating an Agile forecast?\",\"answer\":\"An Agile forecast aligns the team and stakeholders on current progress and helps determine whether expectations are feasible or not. It also makes what-if analysis easier using historical data and subjective judgment.\"},{\"question\":\"What is Statistical PERT and how is it provided?\",\"answer\":\"Statistical PERT is a freely licensed GNU GPL Excel spreadsheet compatible with Excel 2010 and later. It requires no installation, uses no macros, involves no security issues, and can be downloaded without registration.\"},{\"question\":\"How does a probabilistic Agile burn-up chart help decision-making?\",\"answer\":\"It quickly visualizes multiple possibilities by showing optimistic, expected, and conservative outcomes. The chart is designed to be easy to keep updated as circumstances change.\"}]","How to Forecast Answers to Your Toughest Agile Questions - Project Management Symposium Slides | PDF",1789188289,13]