A Velocity Chart is a way to see how a project is coming along over time. It is used in Agile project management methods like Scrum. It shows how much work the team has done in each iteration. This is generally measured in story points or some other unit of work, and it helps keep track of the team’s progress and predict how things will go in the future.
Usually, the Velocity Chart is a graph that shows the speed of the team over a number of iterations. Each iteration is shown by a straight column or bar. The height of each column or bar shows how much work the team finished during that iteration, while the width of the column shows how long the iteration lasted.
The Velocity Chart is an important part of Agile project management because it does things like:
Predictability: By keeping track of the team’s velocity over time, the Velocity Chart helps to set a steady and expected pace of work and predict the team’s progress towards the end of the project.
Transparency: The Velocity Chart shows the team’s progress in a clear and visual way, making it easier to talk to stakeholders, spot possible problems, and make choices based on data.
Continuous growth: By tracking and analysing the team’s performance over time, the Velocity Chart helps to find areas for growth, such as bottlenecks, errors, or skill gaps, and to make changes that increase the team’s productivity and quality.
Motivation: The Velocity Chart can serve as a driver for the team because it shows how far they’ve come, what they’ve done, and what they’ve added to the project.
In short, the Velocity Chart is a strong Agile project management tool that helps teams track their progress, set a regular and sustainable pace of work, and keep improving their performance.
Key Points
– A velocity chart assists teams in determining how much work they can finish in a given amount of time.
– In layman’s terms, it’s like determining how fast a car can travel on a certain route.
– It measures the quantity of work completed by project teams in each time frame, such as a week or a sprint.
– It is commonly used in Agile or Scrum projects to track the rate at which tasks are completed.
– Based on historical performance, the chart predicts how much work the team can manage in the future.
– It’s a graphical representation of the team’s production over time.
