Troy Magennis – “Software Moneyball ” at Agile 2014

Metrics help forecast and manage Agile projects and teams. Used properly, simple statistical techniques add insight and encourage better actions to be taken. Velocity is the general go to metric, but how well it forecasts the future is the elephant in the Agile community’s room. Troy talks about how to capture metrics (other than velocity), how to identify which metrics cause the most impact when changed (carry the most information), and how to use metrics to probabilistically (statistically) forecast a future.

Why Software Moneyball? I call a quantitative approach to software project management, “Software Moneyball.” The book, “Moneyball” describes how the Oakland A’s baseball team used analytics to beat better funded competitors ($40M versus $120M), and transformed the business of baseball. If you compete against better funded rivals, you must outsmart them to succeed and better use of analytics is often the sharpest tool in the toolbox. If baseball Managers can do it, so can you. 

 

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