This hands-on workshop will provide you with the tools you need to answer those questions predictably. In this tutorial, attendees will learn what metrics are necessary for accurate forecasting, how to visualize those metrics in appropriate analytics, how to use those analytics to make reliable forecasts and understand risk, and, finally, how to make meaningful interventions for overall process improvement.
Who Should Attend?
The Applying Metrics for Predictability course is for anyone who has been asked to answer “When Will It Be Done?” or otherwise had to give an estimate for a User Story, Epic, Feature, Project, and/or Release. Typical attendee roles include:
| Business analystsTeam membersTeam leadsAgile coachesProduct managers | Scrum MastersHR ManagersService ManagersProduct OwnersProject managers |
Topics
- Flow Metrics: a deep dive into WIP, Cycle Time, and Throughput—including why you need to track them, how they are related through Little’s Law, and why they are important for forecasting
- Flow Analytics: an introduction to Cumulative Flow Diagrams (CFDs), Scatterplots, Histograms, and other supporting charts—including a detailed discussion of what they are, how to generate them correctly, and how to utilize them for better predictability
- Forecasting Using Monte Carlo Simulation: how to use flow metrics to answer “When will it be done?”—including an introduction to Monte Carlo Simulation and statistical sampling methods for forecasting (no advanced mathematics required!)
- Quantifying Risk and Risk Management: how an understanding of risk is crucial to developing accurate forecasts—including how to quantify risk in the different analytics’ charts and how changing forecast inputs can help to develop an overall risk profile
- How to Get Started: how to immediately apply these techniques to your current project or process to achieve the results you are looking for—including what data to collect, how to mine your data, and how much data you need to begin
VALIDATED LEARNING
After taking the course, you will have an opportunity to validate that you understand metrics and forecasting topics. We will invite you to take an online assessment that evaluates your understanding and provides you with guidance on areas to improve.
