3 Rules For Estimating Work Using Time.. (Are you Serious?)
Jun 18, 2024
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Debunking the idea that everything ties back to time for work estimation. Comparing story points and time estimation methods, emphasizing understanding and consensus. Shifting focus to project size for more accurate work estimations in wall painting projects.
Story points are a valuable tool for work estimation, emphasizing organizational culture and team alignment.
Utilizing Fibonacci sequence for estimates helps in minimizing variations and uncertainties, enhancing forecasting accuracy.
Deep dives
Proper Story Point Estimation vs. Time Estimation
Using story points for estimating work is advocated as a valuable tool, despite some arguments favoring time estimation as a universal unit for any project. Successful story point implementation hinges on factors like organizational culture fostering the right mindset, emphasizing the need for alignment in estimation approaches within the team.
Fibonacci Sequence for Estimation
The podcast discusses utilizing a Fibonacci sequence or its variations for providing estimates, with an emphasis on limiting gaps to ensure forecasting accuracy. By capping estimates at a certain value within the sequence, the goal is to minimize variations and uncertainties in estimation, ultimately avoiding confusion and enhancing consistency.
Creating a Safe Environment with Planning Poker
The concept of planning poker is explored in the context of providing estimates, highlighting challenges associated with numerical estimations. The recommendation is to focus on simple and consistent sizing metrics, such as t-shirt sizes, to prevent confusion and ensure uniformity across the team, enhancing the accuracy and reliability of the estimation process.
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Comparing Story Points and Time Estimation Methods
Are we really still having this conversation? I had a student point out an article that explains why everything ties back to time. Yet again we debunked and show how everything should NEVER point back to time. It is so much easier to estimate and forecast without it!!