How do you estimate costs in Agile projects?
An example of an AI chatbot conversation about cost estimation in Agile projects.
How do you estimate costs in Agile projects?
In Agile projects, cost estimation is often done using techniques like story points, T-shirt sizing, or expert judgment.
What are story points and how do they help in estimation?
Story points are a unit of measure for expressing the overall effort required to fully implement a piece of work. They help teams estimate the complexity and time needed for tasks.
Can you explain T-shirt sizing?
T-shirt sizing is a relative estimation technique where tasks are categorized as XS, S, M, L, or XL based on their complexity and effort.
What challenges do teams face in cost estimation?
Teams often struggle with uncertainty, changing requirements, and the subjective nature of estimates, which can lead to inaccuracies.
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