PMI-ACP Agile Planning & Estimation Flashcards

In agile, what does the term 'minimum viable product' (MVP) mean?

Answer: The simplest version of a product that allows the team to collect validated learning from customers

An MVP is a product with just enough features to gather validated learning about customers with the least effort, enabling early feedback and learning.

A cumulative flow diagram (CFD) in agile is used to visualize:

Answer: The distribution of work across different states over time

A CFD shows the number of work items in each workflow state over time, revealing bottlenecks and the flow efficiency of the team.

In agile, what is 'progressive elaboration'?

Answer: Continuously refining plans and estimates as more information becomes available

Progressive elaboration is the iterative process of increasing the level of detail in a project plan as more information and understanding become available.

Which agile planning technique uses index cards on a wall to estimate relative story sizes by grouping similar-effort stories together?

Answer: Affinity Estimation

Affinity estimation groups stories by relative size quickly by having team members silently move cards into clusters representing similar levels of effort.

In agile release planning, what is the concept of a 'minimal marketable feature' (MMF)?

Answer: The smallest chunk of functionality that delivers meaningful value to the customer

An MMF is the smallest set of functionality that provides enough value that a customer would pay for it or recognize its benefit, enabling early value delivery.

Which formula is used to calculate the number of remaining sprints needed to complete all backlog items?

Answer: Remaining Backlog ÷ Average Velocity

Dividing the total remaining story points in the backlog by the team's average velocity gives the estimated number of sprints needed to complete all backlog items.