Cost Controls Flashcards
How satisfied is the Project Team and Stakeholders? Metrics
Motivation
Stakeholders Happiness
Is the Quality aligned with the expectations? Metrics
Defect Count
Severity of fault
Are we increasing the work delivered? Metrics
Forecast vs Actual velocity
Sprint Burndown
Release Burnup
Is our effort aligned with the Business? Metrics
Velocity vs BVE
Are we constantly improving own Team Maturity? Metrics
Ratio of successful sprints
Focus Factor
Estimation Accuracy
Are we OK in terms of time and Budget? Metrics
Agile EVM
AC
Actual Cost
PV
Planned Value
EV
Earned Value
EAC
Estimate at complete
CPI
Cost Performance Index
SPI
Schedule Performance Index
EPC
Expected % Complete
APC
Actual % Complete
VAC
Variance at Completion
Planned Value Equation
PV = Expected % Complete * BAC
Earned Value Equation
EV = Actual % Complete * BAC
Cost Performance Index Equation
CPI = Earned Value / Actual Value
Schedule Performance Index Equation
SPI = Earned Value / Planned Value
Actual Percent Complete Equation
Story Points Completed / Total Story Points Planned
Earned Value Equation
Number of Sprints Completed / Total Sprints Planned
BAC
Budget at completion
CPI Meaning
CPI > 1 = Under budget
CPI = 1 = On Budget
CPI < 1 = Over Budget
SPI Meaning
SPI > 1 = Ahead of Schedule
SPI = 1 = On Schedule
SPI < 1 = Behind Schedule