What To Do When They Want To Know Cost Per Point w Troy Lightfoot

Published: Aug. 14, 2020, 12:52 a.m.

What do you do when they start asking for cost per point? \n\nThis issue often arrives wrapped in requests that are pure in their intent and seem to be reasonable requests from the business\u2026 \n\nHow much are we spending each month and how many points are we delivering for that spend?\n\nor \n\nSince we are now estimating work in User Story Points, we need to be able to determine how much to charge for the work that clients are asking for. So how much does a point cost us?\n\nor\n\nWe need to evaluate the change requests so we can decide which ones to move forward with and which ones to reject. We\u2019re estimating them in User Story Points, which gives us a relative idea of risk, complexity, and effort, but not cost. We need to be able to translate points to dollars so we can understand if the value we\u2019d receive from the change is worth the cost. \n\nI had a student recently who was qetting requests like this from the business, so I asked Agile Coach Troy Lightfoot to join me for a podcast where we could unpack the issues that often come with the cost per point question, the pros and cons of tracking it, and some things to take into account when you formulate your response to the request. \n\nLinks from the Podcast\n\nProbabilistic Forecasting Podcast interview with Troy Lightfoot\nhttps://drunkenpm.blogspot.com/2019/05/probabilistic-forecasting-with-troy.html\n\nStory Points Revisited (from Ron Jeffries Blog) https://ronjeffries.com/articles/019-01ff/story-points/Index.html\n\nContacting Troy\nAgile Uprising: http://www.agileuprising.com/board-of-directors/\nAgile Uprising Discord:\xa0https://discord.com/invite/Je8H5C