Please Hit 👍 and 🔴 SUBSCRIBE : bit.ly/3bkYgxB ⭐500+ Real Scrum Master Interview Questions - tinyurl.com/82jtjxuk ⭐Check Out other LIVE Retrospective ideas - bit.ly/3CakDjx ⭐🦸🏻♂Helpful Agile Books which every scrum master should have🦸🏻♂⭐ ---- 1- Scrum Insights for Practitioners: amzn.to/3BEhmbp 2- The Five Dysfunctions of a Team: amzn.to/3GJK66z 3- start with why: amzn.to/3k1L0S8 4- the scrum field guide amzn.to/3mENMyo
You are a great content maker. But this time I would suggest finding a better person for this kind of key roles. She is just casually talking but not high scoring answers. Thanks for allowing us to share the feedback.
Estimations in traditional project management or transition management is often based on fixed scope, schedule, cost & quality, since all of these factors are fixed, the project manager goes ahead & creates an estimate either based on experience working on similar project size, monte carlo analysis & add buffer in case of massive change requests, resourcing issues or whatever, you also capture this cost , schedule buffer in your risk reponse documents. Now the real question is, are you thinking about the story point estimation ? in which case, it's a relative estimaton which is based on T-shirt sizing, Fibonacci series, etc.. you never ever use acronyms such as FTE in Agile projects.. so when do we use relative estimation ? It's when we don't have a clear scope in hand , the scope can be a product, feature which has to be broken down to smaller stories & the dev usually estimates relative story points to these user stories , when you add all the story points to a given sprint minus holidays /absece = you get current velocity which is how you estimate in Agile projects. Please understand, this is a YT comment & there's a lot goes behind estimating in both waterfall & agile projects , i have just presented you a jist. Forgive my spelling mistakes which i'm sure you'll find in heaps.
FTE , mean full time employee or equivalent. 100% allocation of 1 FTE mean, 1 person needed with 100%capacity. Some time we need 50% allocation or just 10% allocation in one project. Its a Project management lingo. Hope it help
Please Hit 👍 and 🔴 SUBSCRIBE : bit.ly/3bkYgxB
⭐500+ Real Scrum Master Interview Questions - tinyurl.com/82jtjxuk
⭐Check Out other LIVE Retrospective ideas - bit.ly/3CakDjx
⭐🦸🏻♂Helpful Agile Books which every scrum master should have🦸🏻♂⭐
----
1- Scrum Insights for Practitioners: amzn.to/3BEhmbp
2- The Five Dysfunctions of a Team: amzn.to/3GJK66z
3- start with why: amzn.to/3k1L0S8
4- the scrum field guide amzn.to/3mENMyo
I'm in love with your content...relevant, rich source of knowledge. Probably the best channel now to learn from others experience. 👏
Great to hear!
you both are doing a fabulous work. keep it up. I learned a lot from this interview session.
I really loved the inputs given...please do more videos on project Manager
Thanks , check the project manager Playlist for more PM related questions and answers
You are a great content maker. But this time I would suggest finding a better person for this kind of key roles. She is just casually talking but not high scoring answers. Thanks for allowing us to share the feedback.
Bit confused here. Shouldn't the first step for the PM will be to find out what caused the over budgeting and then try to find way to overcome it.
You are right,To accurately identify the cause, project managers must understand the underlying factors
exactly.
absolutely right
Thanks Sunand for the work you are doing!!!😊
Your welcome
Hi Sunand, Please add one more question about estimation. What are the challenges with client in estimation? How to mitigate?
Thanks for suggestions
Estimations in traditional project management or transition management is often based on fixed scope, schedule, cost & quality, since all of these factors are fixed, the project manager goes ahead & creates an estimate either based on experience working on similar project size, monte carlo analysis & add buffer in case of massive change requests, resourcing issues or whatever, you also capture this cost , schedule buffer in your risk reponse documents. Now the real question is, are you thinking about the story point estimation ? in which case, it's a relative estimaton which is based on T-shirt sizing, Fibonacci series, etc.. you never ever use acronyms such as FTE in Agile projects.. so when do we use relative estimation ? It's when we don't have a clear scope in hand , the scope can be a product, feature which has to be broken down to smaller stories & the dev usually estimates relative story points to these user stories , when you add all the story points to a given sprint minus holidays /absece = you get current velocity which is how you estimate in Agile projects. Please understand, this is a YT comment & there's a lot goes behind estimating in both waterfall & agile projects , i have just presented you a jist. Forgive my spelling mistakes which i'm sure you'll find in heaps.
One of the best interviews
thanks , please also watch similar session along with Vinay, published just now
Informative ...
Thanks
Good one
Linkedin of Smrati? Would like to connect with her!
🎉
What is FT?
FTE , mean full time employee or equivalent. 100% allocation of 1 FTE mean, 1 person needed with 100%capacity. Some time we need 50% allocation or just 10% allocation in one project. Its a Project management lingo. Hope it help
Do you help in doing scrum certification?
Do you take mock interviews?
Yes , you can book session via below link
topmate.io/sunand_sharrma
What is FT?
It's FTE, full time employee