What are a Burndown Chart, a Burnup Chart, and Velocity?

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What are a Burndown Chart, a Burnup Chart, and Velocity?

Рет қаралды 17,103

Күн бұрын

In this video, I want to answer the question, What is a Burndown Chart and a Burnup Chart? And What is Velocity?
A Burndown chart is a way to visualize progress. It plots outstanding work against time. So, as you make progress, the work outstanding diminishes, giving the characteristic downward slope of a burndown chart.
If, instead, we plot work completed against time, as you make progress, the work completed increases, to give the characteristic upward slope of a burnup chart.
Burn charts are most often used in Agile Project Management. There, the time axis will usually represent a single iteration, or Sprint.
The time units will most often be days and the work units, either estimates hours of work, or story points.
Velocity describes the rate at which work is done and deliverables are produced. Note that it does not measure efficiency, since there is no way to create a reliable baseline of ideal velocity in a project environment, where there can be no long-term performance data.
We calculate velocity as the amount of work completed divided by the time elapsed. Typically, velocity is calculated over the time frame of a complete iteration or sprint.
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⏱ Chapter Markers...
00:00 - What are a Burndown Chart, a Burnup Chart, and Velocity?
00:17 - Burndown Charts and Burnup Charts
00:39 - The Burndown Chart
00:55 - Burnup Chart
01:38 - Units used on Burn Charts
02:10 - Progress against schedule
03:06 - Progress lagging
03:29 - Progress ahead
03:55 - Velocity
04:48 - How we calculate velocity
06:11 - Velocity and Scrum
06:36 - Final thoughts
#ProjectManagement #BurndownCharts #AgileVelocity

Пікірлер: 18

@Onlinepmcourses Жыл бұрын

Burndown Charts (and Burnup Charts) are a basic tool for many Agile teams. They help calculate Velocity - the rate of doing work. Let me explain...

@Onlinepmcourses Жыл бұрын

Oh yes, and thank you for watching. Please support the channel and all the free content I provide. - Like, comment, and subscribe to the channel. - Why not join my community, free! Sign-up at onlinepmcourses.com/assets440251/the-onlinepmcourses-newsletter/ - And to show maximum appreciation, use the $ Thanks button, under the video, to make a small donation with a highlighted comment.

@maryam-MKS 24 күн бұрын

Best video about the 3 concepts

@Onlinepmcourses 24 күн бұрын

Thank you very much!

@natalie1253 10 ай бұрын

Thank you! Finally found a video that really clearly explains these 3 concepts.

@Onlinepmcourses 10 ай бұрын

My pleasure - glad to have helped!

@KeremPARLAKGUMUS-uc4xb 2 ай бұрын

burndown: To show the remaining work in a sprint. burnup: : To show the total work completed over time

@Onlinepmcourses 2 ай бұрын

Indeed!

@ilkinasgarov1629 Жыл бұрын

great. you are such an angel explaining novel pmp language clearly!

@Onlinepmcourses Жыл бұрын

Thank you!

@thisaruyasanjith 2 ай бұрын

thanks... very useful

@Onlinepmcourses 2 ай бұрын

It's my pleasure. Thank you.

@joseroyal877 9 ай бұрын

Very well explained. Assuming I have a customer who wants me to budget how long a project will cost and also uses Earned Value calculations. How would I go about that in an agile environment?

@Onlinepmcourses 9 ай бұрын

If you think about it, a burnup chart is very much like an EV chart, where the units of value are the story points. The problem comes because of the mismatch between traditional PM's and Agile's approach to cost estimation. Many agilists eschew estimating costs, so EVM is anathema to true agile. But, for those of us who are committed to hybrid PM, we can allow ourselves to estimate cost and value for either one story point in general, or for each user story in particular.

@pilagnes6356 7 ай бұрын

Great videos on theory, thank you, I learned a lot. Do you have a video on how to use it in practice? Have a few examples and how do you create the burn down or burn up chart from the beginning to the end from scratch on real life example?

@Onlinepmcourses 7 ай бұрын

Unfortunately not yet. I have a 'How to' video in my backlog.