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#144: How Modern Agile Teams Predict the Unpredictable with Lance Dacy

Agile Mentors Podcast

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Monte Carlo Forecasting in Agile

This chapter explores the use of Monte Carlo forecasting in agile environments to improve sprint and release planning by measuring probabilistic forecasts based on historical data. It illustrates how simulations can help manage delivery risks and expectations through relatable analogies, making complex data accessible to stakeholders. The discussion emphasizes continuous risk management and informed decision-making, likening investment choices to placing bets in a casino.

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