From the course: Agile at Work: Planning with Agile User Stories (2015)

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How to plan with estimates

How to plan with estimates

From the course: Agile at Work: Planning with Agile User Stories (2015)

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How to plan with estimates

- Projects are unique by definition. There'll be something in your project that you haven't done yet. Usually the greater the uncertainty, the more trouble you'll have with traditional project planning. Traditional projects depend on upfront planning. If you have a lot of uncertainty, then you'll have a lot of guesses in your plan. If your guesses are wrong, then it will create a lot of instability. Traditional projects will work much smoother if your predictions are very accurate. Think about a typical project. The longer the project runs, the more you know about what it takes to finish. That's usually because you're learning a lot more with working with the project, and less from predicting. Unfortunately, the longer you work on a project, the more expensive it is to make changes. This is called the project's Cone of Uncertainty. It's when you're forced to make all the predictions at the time when you have the least information. If you look at this chart you can see that the…

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