Velocity Chart
In Agile project management, a velocity chart is used to track how a project team’s work is getting done over time. The chart keeps track of the team’s “velocity,” or how quickly it finishes work and delivers product increments.
Most of the time, the velocity chart shows how much work the team did in each iteration or sprint, as well as how much work they did overall over time. The chart can be used to help both the team and the people who have a stake in the project understand how much work the team can finish in each iteration and how this speed may change over time.
Here’s how a speed chart usually works:
- The chart is usually drawn on a graph, with the time (sprints or iterations) on the x-axis and the amount of work done on the y-axis (story points or other units of work).
- At the end of each iteration, the team figures out how fast they are going by adding up all the story points or other units of work they finished during the iteration.
- The team then puts their speed for that iteration on the chart.
- The chart shows the team’s velocity trend over time, which can help the team and stakeholders understand how much work the team can do over time and how long it might take to finish the project.
- The chart can also help the team figure out what problems or roadblocks might be slowing them down so they can fix them.
Velocity charts can be a helpful part of Agile project management because they show how a team’s work is progressing over time and help you make decisions based on data. By using velocity charts, project teams can get a better idea of how productive they are and make any necessary changes to their processes to improve their speed and the success of the project as a whole.
Usage
It is used in Agile Project Management