The Cool Kids Are Doing Monte Carlo

Imagine being able to predict with a high degree of accuracy when your team is going to complete a project. How would knowing that information change what you're doing right now? By running Monte Carlo simulations, using completion rates from your team's past, you can peek ahead at your project's risk and the probability of possible completion dates—helping you make better decisions while you still have the chance to affect the future. If you're not already running Monte Carlo simulations for your team, you will after listening to this episode. What are you waiting for—all the cool kids are doing it!

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There is a lot of material on how a team should operate in an agile manner. There is also a lot of material for leadership as to the benefits of agility, the mindset, etc. But there is not a lot of material directed towards those folks who sit in between. Agile Bites breaks down key Lean and Agile concepts and practices for the people who are often tasked with supporting these things. People who may have to be redefining their roles in a world of incremental delivery. Or maybe they’ve been put in the middle of an “agile transformation” and things are not going as well as promised.