Re: Earned Value terminology (was RE: Managing Extreme Programming)

Hi Laurent,

> > [>] Yep and that the "gap" for XP, since velocity describes a
> > "level of effort" (in terms of EV) in which effort expended is the
> > same as "value." 
> 
> From what I understand, the mapping is rather simple - if you expand 
> the acronym BCWP as "budgeted cost of work performed" you get almost 
> the word-for-word definition of velocity, i.e. the total effort that 
> a given feature had been estimated to require.

That's close.  BCWP is the number of points associated with some set
of completed stories.  It's only when you divide it by some unit of
time that you get velocity.

Dale



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