Agile Method – Project Management

Agile Method – Project Management

Agile software development is a process for developing software in which requirements and solutions evolve through the collaborative effort of self-organizing cross-functional teams. It promotes adaptive planning, evolutionary development, early delivery, and continuous improvement, and it encourages rapid and flexible response to change. What is the Agile Model? The Agile model is a software development lifecycle that…

Jira – How Can you use it for managing your projects

Jira – How Can you use it for managing your projects

Introduction to Jira Jira can be used for project management. However, it is extremely popular among the project and program management communities in the IT industries. There are types of Software Development Lifecycle (SDLC), including Waterfall, Agile, and Hybrid Models, and Jira is a great project management software tool irrespective of the SDLC or project management methods…

Variance

Variance

Variance In statistics and probability theory, the variance is a way to measure how spread out a set of numbers is. It is the average of the squares of the differences from the set’s mean. Var stands for the variance of a random variable X. (X). In math, variance is found by taking the difference between each…

Variance at Completion (VAC)

Variance at Completion (VAC)

XX There are several pieces of information that are not clear or are not necessary to be available with clarity while we go through the project. We assume and progress. In most cases, it is done at the beginning of the project where we outline the basic assumptions and as we dive into the project we keep…

Velocity Chart

Velocity Chart

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…

Stakeholder Performance Domain

Stakeholder Performance Domain

Stakeholder Performance Domain of Project Management – PMBOK VII In the Stakeholder Performance Domain, activities and functions related to stakeholders are talked about. When this performance domain is carried out well, the following things happen: Throughout the project, a good working relationship with the people who matter. Stakeholders agree on the goals of the project. Stakeholders who…

Velocity

Velocity

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…

Work Breakdown Structure (WBS)

Work Breakdown Structure (WBS)

A Work Breakdown Structure (WBS) is a fundamental project management technique that is used to divide a project into smaller, more manageable components. It divides the job into smaller, hierarchical portions, making the project easier to plan, manage, and execute. Let us see it through an example below. Assume you’ve been assigned with arranging a music event….