The Real Cost of Inaccurate Agile Plans

It's easy to know when plans go wrong. Teams miss dates, go over budget, or promised features are missing. But teams often overlook a hidden cost of inaccurate agile plans - a cost Mike Cohn shares in this video.

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References:
Jørgensen, Magne. (2004). "Top-Down and Bottom-Up
Expert Estimation of Software Development Effort."
Information and Software Technology 46(1):3–16.
https://www.sciencedirect.com/science...

Kruger, J., Evans, M. (2004). "If you don't want to be
late, enumerate: Unpacking reduces the planning
fallacy." Journal of Experimental Social Psychology
40(5):586-98.
https://www.sciencedirect.com/science...


00:00 Bad Plans Lead To Problems
00:33 Losing Credibility
00:58 Can a Team Deliver Work in 3 Months?
01:35 The Team Isn't an Equal Partner
01:49 What if the Team Gave Decent Plans?
02:28 Padding the Plan Isn't The Solution
02:59 The Estimates Are The Problem
03:10 Unpacking Technique
04:37 The Unknown Backlog
04:59 Emergent Requirements
05:27 How To Estimate The Unknown Backlog
06:55 Accurate Agile Planning