Guide: Product Backlog Estimation for Agile Project Management
What is Product Backlog Estimation:
Product backlog estimation is the process of predicting the effort required to carry out each task in the product backlog of an Agile project. This process is crucial to effectively plan and coordinate the development steps.
Why is it Important:
Product backlog estimation helps in prioritizing tasks, determining sprint planning, improving delivery predictability and enabling the team to gauge its velocity. It also facilitates in aligning tasks with business value and priority.
How it Works:
There are various methods used for product backlog estimation including Story Points, Ideal Hours or T-shirt sizes. Estimations are done by the team, often through planning poker, which helps to foster team ownership and accountability.
Exam Tips: Answering Questions on Product Backlog Estimation:
Understand the concept thoroughly and get comfortable with using estimation units like Story Points or Ideal Hours. Be aware of the different estimation techniques. Remember that the intent is not to get a precise estimate but to have a relative estimate that helps in planning and tracking progress. Also, practice interpreting backlog estimation questions. Try to explain the reasons and benefits of product backlog estimation in agile project management. Always provide examples for better understanding.