Cone of Uncertainty | Glossary

Definition: 

The Cone of Uncertainty is a graphic representation of the increasing accuracy for estimates as the details of the project are known over time. Managers or any stakeholders us this to guide estimates and manage expectations. It describes the evolution of the amount of uncertainty during a project which not only decreases over time, but diminishes its impact by risk management and helps in decision making.

At the beginning of the project little is know about the product so estimates are subjected to large uncertainty somewhere around 4 times the actual time taken. As more research and development begins more information is learnt about the product, development team get more clarity, impediments surfaces which helps in knowing the unknowns where estimates fall more into line with reality.

Further Reading:

Book: Agile Estimating and Planning Book by Mike Cohn
Book: The Art of Doing Twice the Work in Half the Time by Jeff Sutherland

INNOVATION ROOTS Announces SAFe PO/PM Workshop

It’s a great pleasure to announce a workshop on SAFe PO/PM which will be held on June 30- July 1st 2018 at Bengaluru. The workshop is presented by Priyank Pathak (Curator at INNOVATION ROOTS), an Enterprise Agile Transformation and Continuous Delivery Consultant dedicated to provide training, mentoring, and coaching services to companies gain outcomes like quality, value and continuous flow.

In this two days course, the participants will learn about the roles and responsibilities of Product Owner and Product Manager, drives the delivery of value in an organization where SAFe is implemented. The participants will get an overview of the Scaled Agile Framework (SAFe), carry a Lean-Agile mindset, and understand how the Product Manager and Product Owner roles operate in a SAFe enterprise.

Finally, the participants will get in-depth understanding of activities, tools, and mechanics that directly affect the delivery of value in system. The workshop also teaches participants to identify the major components of SAFe framework, key roles and responsibilities  within a SAFe implementation, connect SAFe framework with Lean-Agile mindset and values, and how to apply values stream strategies to manage solutions and values.

By the end of the workshop, the participants will be able to write user stories, Epics, Features, and Capabilities related to the SAFe context, and gain a solid foundation to manage backlogs and program in a Lean-Agile enterprise. The course is recommended for already existing Product Manager and Product Owners, Business Owners, Business Analysts, Solution Managers, Program Managers, PMO Personnel, Portfolio Managers and Process Leads.

Register for the workshop at www.innovationroots.com