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A sample burndown chart for a completed iteration. It will show the remaining effort and tasks for each of the 21 work days of the 1-month iteration. A burndown chart or burn-down chart is a graphical representation of work left to do versus time. [1] The outstanding work (or backlog) is often on the vertical axis, with time along the horizontal.
Often used in scrum, a burndown chart is a publicly displayed chart showing remaining work. [36] It provides quick visualizations for reference. The horizontal axis of the burndown chart shows the days remaining, while the vertical axis shows the amount of work remaining each day. During sprint planning, the ideal burndown chart is plotted.
A burn down chart tracks work remaining over time while burn up charts like the CFD track the growth (or shrinkage) of work in certain states over time. In agile software development, when teams use kanban methodology, the cumulative flow diagram shows the number of active items in each column on a kanban board.
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Burn rate is the rate at which a company consumes its cash. [1] It is typically expressed in monthly terms and used for startups. E.g., "the company's burn rate is currently $65,000 per month." In this sense, the word "burn" is a synonymous term for negative cash flow. It is also a measure of how fast a company will use up its shareholder ...
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A Gantt chart is a bar chart that illustrates a project schedule. [1] It was designed and popularized by Henry Gantt around the years 1910–1915. [ 2 ] [ 3 ] Modern Gantt charts also show the dependency relationships between activities and the current schedule status.
The chart indicates that technical performance (i.e. progress) started more rapidly than planned, but slowed significantly and fell behind schedule at week 7 and 8. This chart illustrates the schedule performance aspect of EVM. It is complementary to critical path or critical chain schedule management.
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