Agile estimation is used to estimate the schedule and budget of a project. Agile teams use estimation techniques to estimate the size, complexity, and risk of their work elements.
What is Agile Estimation
Agile estimation is used to estimate the schedule and budget of a project and always include a degree of uncertainty. Agile estimates help identify the value and feasibility of a project and make appropriate decisions. The accuracy of the estimations increases as the project details emerge as the project moves forward.
Estimating occurs at the last responsible moment throughout the project, as details emerge as the project progresses and plans need to be adjusted in response to feedback and changes.
Estimates are made at various stages of sizing and planning following the rolling wave planning model.
It is worth noting that agile teams are self-organize and therefore self-estimate their own work. Agile teams use estimation techniques to estimate the size, complexity, and risk of their work elements. Some of the agile estimation techniques include affinity estimation, wideband delphi, planning poker (the most popular).
Agile estimations use relative sizing to assign story points to the user stories on a relative scale. The team then decides how many story points can be completed in one iteration.
Some estimation units include t-shirt size, ideal time, and story points.
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