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Agile Series by Nishanth
introducing
Agile EVM
Some Agile Myths
• Agile development is “Extreme Programming
(XP) + Scrum
• Agile projects can’t define scope up front
Why EVM?
• Integrates performance, cost, and schedule
• Provides cost efficiency readings
• Early warning of performance problems
• Well known, PMI standard, used in Project
Management over 40 yrs
EVM – A Timeline
Courtesy – Tamara Sulaiman Runyon, Collabnet
Traditional EVM
Agile Earned Value Management (EVM)
• Agile EVM = Traditional EVM + Scrum
• Adds value in
– Decision Making
– Communication
– Visibility
Why Agile EVM?
• Adds cost component to metrics
• Balances needs of all stakeholders
• Optimise value of releases
• Better business decisions
Agile EVM Metrics
• Schedule Performance Index (SPI)
• Cost Performance Index (CPI)
• Velocity per Sprint
• Earned Value vs. Planned Value
Agile EVM Metrics
Defining Initial Release Baseline
• # of planned sprints
• Sprint Lengths
• Budget at Complete (BAC)
• Planned Story Points
• Start Date
Agile EVM Acronyms
• AC – Actual Cost
• PV – Planned Value
• EV – Earned Value
• EAC – Estimate at Complete
• CPI – Cost Performance Index
• SPI – Schedule Performance Index
Agile EVM Basic Equations
• PV = Expected % complete1 * BAC
• EV = Actual % complete2 * BAC
• CPI = EV/AC
• SPI = EV/PV
• 1 – SP completed/total SP planned
• 2 – no. of sprints completed/total sprints planned
Appendix
• Courtesy
– Webinar – Agile EVM – Information for Good
Decision Making, by Tamara Sulaiman Runyon,
Collabnet
– White Paper – Earned Value for Agile
Development, by John Rusk, Optimation Ltd
Thanks!
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Agile EVM

  • 1. Agile Series by Nishanth introducing Agile EVM
  • 2. Some Agile Myths • Agile development is “Extreme Programming (XP) + Scrum • Agile projects can’t define scope up front
  • 3. Why EVM? • Integrates performance, cost, and schedule • Provides cost efficiency readings • Early warning of performance problems • Well known, PMI standard, used in Project Management over 40 yrs
  • 4. EVM – A Timeline Courtesy – Tamara Sulaiman Runyon, Collabnet
  • 6. Agile Earned Value Management (EVM) • Agile EVM = Traditional EVM + Scrum • Adds value in – Decision Making – Communication – Visibility
  • 7. Why Agile EVM? • Adds cost component to metrics • Balances needs of all stakeholders • Optimise value of releases • Better business decisions
  • 8. Agile EVM Metrics • Schedule Performance Index (SPI) • Cost Performance Index (CPI) • Velocity per Sprint • Earned Value vs. Planned Value
  • 9. Agile EVM Metrics Defining Initial Release Baseline • # of planned sprints • Sprint Lengths • Budget at Complete (BAC) • Planned Story Points • Start Date
  • 10. Agile EVM Acronyms • AC – Actual Cost • PV – Planned Value • EV – Earned Value • EAC – Estimate at Complete • CPI – Cost Performance Index • SPI – Schedule Performance Index
  • 11. Agile EVM Basic Equations • PV = Expected % complete1 * BAC • EV = Actual % complete2 * BAC • CPI = EV/AC • SPI = EV/PV • 1 – SP completed/total SP planned • 2 – no. of sprints completed/total sprints planned
  • 12. Appendix • Courtesy – Webinar – Agile EVM – Information for Good Decision Making, by Tamara Sulaiman Runyon, Collabnet – White Paper – Earned Value for Agile Development, by John Rusk, Optimation Ltd

Editor's Notes

  1. This presentation tries to impart very basic information about Agile EVM.This presentation may contain materials that are procured from external sources.Please reach out to me in case you find any material that is been used infringes upon someone’s copyrights.
  2. A lot of this we will learn though games .
  3. A lot of this we will learn though games .
  4. A lot of this we will learn though games .
  5. A lot of this we will learn though games .
  6. A lot of this we will learn though games .
  7. A lot of this we will learn though games .
  8. A lot of this we will learn though games .