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The INVEST mnemonic for Agile software development projects was created by Bill Wake [1] as a reminder of the characteristics of a good quality Product Backlog Item (commonly written in user story format, but not required to be) or PBI for short. Such PBIs may be used in a Scrum backlog, Kanban board or XP project.
The agile product backlog in scrum is a prioritized features list, containing short descriptions of all functionality desired in the product. When applying the scrum or other agile development methodology, it is not necessary to start a project with a lengthy, upfront effort to document all requirements as is more common with traditional project management methods following the waterfall model.
The product backlog is a breakdown of work to be done and contains an ordered list of product requirements (such as features, bug fixes and non-functional requirements) that the team maintains for a product. The order of a product backlog corresponds to the urgency of the task. Common formats for backlog items include user stories and use cases ...
When Boeing reported Q3 earnings last week, it was the headline numbers that got all the attention: Revenue -- up 11% to $22.1 billion in the quarter Profits -- up 12% to $1.51 per share Operating ...
The product backlog is referred to with different names in different project management frameworks, such as product backlog in scrum, [61] [62] work item list in disciplined agile, [62] [63] and option pool in lean. [62] In the scrum framework, creation and continuous maintenance of the product backlog is part of the responsibility of the ...
Thank you, Audra. Good morning, everyone, and welcome to Caterpillar's fourth quarter 2024 earnings call. ... our backlog increased by $1.3 billion to $30 billion. For the full year, total sales ...
The outstanding work (or backlog) is often on the vertical axis, with time along the horizontal. A burndown chart is a run chart of remaining work. It is useful for predicting when all of the work will be completed. It is often used in agile software development methodologies such as Scrum. However, burndown charts can be applied to any project ...
So we do have a good backlog of projects going into the year. So, we do think that we're going to see some nice ramp-up in that in 2025. It's a combination of a couple of different aspects of the ...