Velocity
Velocity is a way to measure how quickly a project team finishes work and delivers product increments. It is usually measured by how much work the team gets done during a sprint. This is usually done in story points or other units of work that the team agrees on.
Velocity is an important metric in Agile project management because it lets the team and stakeholders measure how productive the team is and predict how much work the team can do over time. The team’s velocity is found by adding up the number of story points or other units of work that were done during the sprint.
Here are some important things to remember about speed in Agile:
- Velocity is not a way to measure time. Instead, it is a way to measure how much work the team has done, not how long it took to do that work.
- Velocity is not a measure of quality. Velocity only measures how much work the team has done, not how well it has been done.
- Velocity is a team metric, not a measure of an individual’s performance. It shows how much work the whole team did during the sprint.
- Velocity can change over time. Velocity can change over time because the team members change, the scope of the project changes, or other things.
- Velocity can be used to predict project timelines. By tracking the team’s velocity over time, the team and stakeholders can predict how much work the team can finish in future sprints and adjust project timelines and plans accordingly.
Overall, velocity is an important metric in Agile project management because it lets the team and stakeholders measure how productive the team is and predict when the project will be finished. By keeping track of and analyzing velocity, the team can get a better idea of how much they can do and make decisions based on data to improve their performance and the success of the project as a whole.
Usage
It is used in the Agile Project Management
Reference
You may refer to Velocity Chart for related information