a1 Flashcards
a1
Little’s Law
It demonstrate that the duration of the work queue is dependent on its size.
It provides a relationship betwenn productivity and WIP ( size of work wueue)
Cycle Time- Duration of work queue
ROI
It is the ratio of money we receive at the end of the project to the money we have invested. It is expressed in %
NPV
To evaluate the value of 2 projects that will be completed at different times, we use NPV. So the one with the highest NPV is the best.
IRR
Shows the earning potential of the project. The higher the rate, better the investment proposition
S- Curve
It tracks cost or any other variable against time
Team performance & Progress Tracking
Can be done using :
1. Burnup Chart
2. Burndown Chart
3. Cumulative Flow
Diagrams (CFDs)
4. Velocity
Cumulative Flow Diagrams (CFDs)
CFDs can be used to find bottlenecks, which is teh activity that lies below the widened band.
Shu- ha- Ri
It is teh model of team development. Shu- Follow Ha- Breaking Free, Ri- Innovate ( go beyond)
Dryfus Model
Novice–> Adv. Begginer–>Competant–>Proficient–>Expert
Tuckman Model
Forming-> Directing
Storming-> Coaching
Norming–> Suporting
performing–> Delegating
Adjourning
Swarming
Collective Problem Solving
Compound Stories
It includes multiple goals
Candidate Story
When the team revisit their plan to mitigate the identified issue, they prpose a new candidate user story to teh prodcuct owner for approval
Project pre-mortems
It helps to identify the potential risks to the project so that we can mitigate them
High Bandwidth communication
Face to Face
