External Stakeholders | Glossary

Definition

Stakeholders in Agile Projects, carry broadly the same definition as they do in Non-Agile Projects. They are parties who are impacted by the status of the Project. They can be both External (Shareholders, Investors) and Internal (Employees, Partners) in nature.

The key difference in Stakeholders in Agile Projects is that they are represented by one Product Owner, and the role is scalable as per the needs of the Project.

Further Reading

  • “Agile Project Management” (book), by Jim Highsmith

 

Burn Up Chart | Glossary

Definition

The Burn Up Charts are also used as a progress indicators in Agile Project Management. A Burn-up Chart clearly shows both completed work and the project scope. Making it the inverse of the Burn-down chart (discussed here). At the end of each day, there is a visual representation of the amount of work completed and the overall amount of total work.

The ‘work done’ is represented by the vertical axis, and the ‘time’ is measured by the horizontal axis. The distance between the two lines is thus, the amount of work remaining. When the two lines eventually meet, the project is said to be completed.

Further Reading

  •  “Agile Project Management”(book), by Jim Highsmith.