What are a Burndown Chart, a Burnup Chart, and Velocity? | Summary and Q&A

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February 16, 2023
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Online PM Courses - Mike Clayton
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What are a Burndown Chart, a Burnup Chart, and Velocity?

TL;DR

Burn down charts and burn up charts are used to measure progress in agile projects. Velocity is the rate at which work is done.

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Questions & Answers

Q: What is a burn down chart?

A burn down chart shows outstanding work plotted against time, decreasing as work is completed. It is commonly used to measure progress in a single iteration or sprint in agile projects.

Q: What is a burn up chart?

A burn up chart shows completed work plotted against time, increasing as work is completed. It is often used to summarize progress for the entire project in agile project management.

Q: How are burn charts used to measure progress against schedule?

By plotting the actual burn down curve against the ideal or planned burn down rate, we can see if the project is ahead of or behind schedule. If the actual curve is above the ideal line, the project is lagging and adjustments need to be made.

Q: What is velocity in agile project management?

Velocity is the rate at which work is done and deliverables are produced. It is calculated by dividing the work completed by the time elapsed, usually over a single iteration or sprint. It is used for estimating future story points and planning.

Summary & Key Takeaways

  • Burn down charts plot outstanding work against time, showing a downward slope as work is completed.

  • Burn up charts plot completed work against time, showing an upward slope.

  • Burn down charts are often used to measure progress in a single iteration, while burn up charts summarize progress for the whole project.

  • Velocity is a measure of the rate at which work is done and is used for estimating future story points and planning.

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