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Sarper Horata

This course will teach you how to make forecasting on different aspects using Statistical PERT and Monte Carlo simulation methods in an agile project management environment. a

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This course will teach you how to make forecasting on different aspects using Statistical PERT and Monte Carlo simulation methods in an agile project management environment. a

Utilizing an agile environment can help when determining critical estimations for your projects. In this course, Forecast Answers to Agile Team Questions, you’ll learn to make forecasts about common cases that project managers and team members face in an agile project environment. First, you’ll explore Statistical PERT and Monte Carlo simulation to estimate delivery dates. Next, you’ll discover how to apply Statistical PERT and Monte Carlo simulation to forecasting major release dates and funding planning. Finally, you’ll learn how to use Statistical PERT and Monte Carlo simulations for hard date estimation and workload determination in an agile environment. When you’re finished with this course, you’ll have the skills and knowledge of forecasting in an agile project environment with tools such as Statistical PERT and Monte Carlo simulation needed to manage projects in a more efficient manner.

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What's inside

Syllabus

Course Overview
Introduction to Agile Environment and Analysis Methods
Estimating Sprint Workload and Funding Needs to Build a Product
Estimating Release Features and Release Date Using SPERT and MCS
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Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Suitable for project managers, team members, and other professionals involved in agile project management
Emphasizes practical application with a focus on forecasting
Provides valuable tools and techniques for agile environment forecasting
Taught by industry expert Sarper Horata

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Forecast Answers to Agile Team Questions with these activities:
Agile Forecasting Resource Collection
Organize and compile a collection of valuable resources, including articles, videos, and tools, related to agile forecasting.
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  • Conduct research to identify relevant and reputable resources on agile forecasting.
  • Gather and organize these resources into a central location, such as a shared document or online repository.
  • Share your resource collection with other learners and practitioners.
Review basic statistics
Review basic statistical concepts to ensure a solid foundation for understanding advanced topics in this course.
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  • Review concepts of probability, distributions, and hypothesis testing.
  • Take practice problems to test your understanding.
Review Statistical PERT
Ensure your mastery of Statistical PERT to aid in understanding estimation techniques in agile environments.
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  • Revisit the concepts of Statistical PERT, including its components and formulas.
  • Practice applying Statistical PERT to real-world project management scenarios.
Five other activities
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Study Group for Agile Forecasting
Join or form a study group with peers to discuss course concepts, share insights, and work on practice problems together.
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  • Find or create a study group with individuals who are also taking this course.
  • Meet regularly to discuss course materials, complete assignments, and prepare for assessments.
  • Provide support and encouragement to each other throughout the learning journey.
Online Tutorials on Agile Forecasting
Supplement your learning with online tutorials to reinforce your understanding of agile forecasting concepts and techniques.
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  • Identify reputable online resources and tutorials on agile forecasting.
  • Follow the tutorials, taking notes and applying the concepts to your own projects.
  • Engage in online discussion forums to connect with other learners and experts.
Monte Carlo Simulation Exercises
Gain proficiency in Monte Carlo simulation techniques to enhance your ability to perform probabilistic forecasting.
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  • Complete a series of Monte Carlo simulation exercises using software or online tools.
  • Analyze the results of your simulations and draw meaningful conclusions.
Attend Agile Forecasting Workshop
Participate in an in-person or virtual workshop led by experienced practitioners to gain hands-on experience with agile forecasting techniques.
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  • Research and identify relevant agile forecasting workshops.
  • Register for and attend the workshop, actively participating in exercises and discussions.
  • Follow up after the workshop by applying the learned techniques to your own projects.
Agile Forecasting Project
Apply your understanding of agile forecasting methods to a real-world project, solidifying your ability to make accurate estimates in an agile environment.
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  • Define the scope and objectives of your project.
  • Gather data and analyze historical project performance.
  • Apply Statistical PERT and Monte Carlo simulation techniques to forecast project outcomes.
  • Track your project progress and make adjustments as needed.

Career center

Learners who complete Forecast Answers to Agile Team Questions will develop knowledge and skills that may be useful to these careers:
Project Manager
Project Managers lead the planning and execution of projects, ensuring that they are completed on time, within budget, and to the required quality standards. The "Forecast Answers to Agile Team Questions" course can help Project Managers develop the skills and knowledge needed to make accurate forecasts in an agile project environment. This course covers topics such as Statistical PERT and Monte Carlo simulation, which are essential for forecasting delivery dates, major release dates, and funding planning. By taking this course, Project Managers can improve their ability to manage projects effectively and efficiently.
Product Manager
Product Managers are responsible for the development and management of products. They work with stakeholders to define product requirements, prioritize features, and track progress. The "Forecast Answers to Agile Team Questions" course can help Product Managers develop the skills and knowledge needed to make informed decisions about product development. This course covers topics such as Statistical PERT and Monte Carlo simulation, which are essential for forecasting release dates and funding needs. By taking this course, Product Managers can improve their ability to manage products effectively and efficiently.
Business Analyst
Business Analysts work with stakeholders to understand business needs and develop solutions to meet those needs. They use a variety of techniques to gather and analyze data, including Statistical PERT and Monte Carlo simulation. The "Forecast Answers to Agile Team Questions" course can help Business Analysts develop the skills and knowledge needed to make accurate forecasts in a business environment. This course covers topics such as forecasting major release dates and funding planning, which are essential for making informed decisions about business strategy. By taking this course, Business Analysts can improve their ability to support businesses in achieving their goals.
Data Analyst
Data Analysts use data to identify trends and patterns, and to make predictions about future events. They use a variety of techniques to analyze data, including Statistical PERT and Monte Carlo simulation. The "Forecast Answers to Agile Team Questions" course can help Data Analysts develop the skills and knowledge needed to make accurate forecasts in a variety of business environments. This course covers topics such as forecasting major release dates and funding planning, which are essential for making informed decisions about business strategy. By taking this course, Data Analysts can improve their ability to support businesses in achieving their goals.
Software Engineer
Software Engineers design, develop, and test software applications. They use a variety of programming languages and technologies to create software that meets the needs of users. The "Forecast Answers to Agile Team Questions" course can help Software Engineers develop the skills and knowledge needed to estimate the time and resources required to complete software development projects. This course covers topics such as Statistical PERT and Monte Carlo simulation, which are essential for making accurate forecasts. By taking this course, Software Engineers can improve their ability to manage software development projects effectively and efficiently.
Quality Assurance Analyst
Quality Assurance Analysts test software applications to ensure that they meet the requirements of users. They use a variety of testing techniques to identify and fix bugs. The "Forecast Answers to Agile Team Questions" course can help Quality Assurance Analysts develop the skills and knowledge needed to estimate the time and resources required to complete software testing projects. This course covers topics such as Statistical PERT and Monte Carlo simulation, which are essential for making accurate forecasts. By taking this course, Quality Assurance Analysts can improve their ability to manage software testing projects effectively and efficiently.
DevOps Engineer
DevOps Engineers work with development and operations teams to ensure that software applications are deployed and maintained efficiently. They use a variety of tools and technologies to automate the software development and deployment process. The "Forecast Answers to Agile Team Questions" course can help DevOps Engineers develop the skills and knowledge needed to estimate the time and resources required to complete software deployment projects. This course covers topics such as Statistical PERT and Monte Carlo simulation, which are essential for making accurate forecasts. By taking this course, DevOps Engineers can improve their ability to manage software deployment projects effectively and efficiently.
IT Project Manager
IT Project Managers lead the planning and execution of IT projects, ensuring that they are completed on time, within budget, and to the required quality standards. The "Forecast Answers to Agile Team Questions" course can help IT Project Managers develop the skills and knowledge needed to make accurate forecasts in an IT project environment. This course covers topics such as Statistical PERT and Monte Carlo simulation, which are essential for forecasting delivery dates, major release dates, and funding planning. By taking this course, IT Project Managers can improve their ability to manage IT projects effectively and efficiently.
Financial Analyst
Financial Analysts use financial data to make recommendations about investments and financial decisions. They use a variety of techniques to analyze financial data, including Statistical PERT and Monte Carlo simulation. The "Forecast Answers to Agile Team Questions" course can help Financial Analysts develop the skills and knowledge needed to make accurate forecasts in a financial environment. This course covers topics such as forecasting major release dates and funding planning, which are essential for making informed decisions about financial strategy. By taking this course, Financial Analysts can improve their ability to support businesses in achieving their financial goals.
Risk Analyst
Risk Analysts identify and assess risks to businesses and organizations. They use a variety of techniques to analyze risks, including Statistical PERT and Monte Carlo simulation. The "Forecast Answers to Agile Team Questions" course can help Risk Analysts develop the skills and knowledge needed to make accurate forecasts in a risk management environment. This course covers topics such as forecasting major release dates and funding planning, which are essential for making informed decisions about risk management strategy. By taking this course, Risk Analysts can improve their ability to support businesses in achieving their goals.
Actuary
Actuaries use mathematical and statistical methods to assess risk and uncertainty. They use a variety of techniques to analyze data, including Statistical PERT and Monte Carlo simulation. The "Forecast Answers to Agile Team Questions" course can help Actuaries develop the skills and knowledge needed to make accurate forecasts in an insurance environment. This course covers topics such as forecasting major release dates and funding planning, which are essential for making informed decisions about insurance strategy. By taking this course, Actuaries can improve their ability to support businesses in achieving their insurance goals.
Statistician
Statisticians collect, analyze, and interpret data to provide insights into a variety of problems. They use a variety of statistical methods to analyze data, including Statistical PERT and Monte Carlo simulation. The "Forecast Answers to Agile Team Questions" course can help Statisticians develop the skills and knowledge needed to make accurate forecasts in a variety of fields. This course covers topics such as forecasting major release dates and funding planning, which are essential for making informed decisions about data-driven strategies. By taking this course, Statisticians can improve their ability to support businesses in achieving their goals.
Data Scientist
Data Scientists use data to build models that can predict future events. They use a variety of machine learning and statistical methods to analyze data, including Statistical PERT and Monte Carlo simulation.
Operations Research Analyst
Operations Research Analysts use mathematical and analytical methods to solve business problems. They use a variety of techniques to analyze data, including Statistical PERT and Monte Carlo simulation.
Management Consultant
Management Consultants help businesses improve their performance by providing advice on strategy, operations, and technology.

Reading list

We've selected 13 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Forecast Answers to Agile Team Questions.
Is the official guide to Scrum. It valuable resource for anyone who wants to learn more about Scrum or who wants to improve their Scrum skills.
Provides a comprehensive guide to DevOps. It valuable resource for anyone who wants to learn more about DevOps or who wants to improve their DevOps skills.
Provides a comprehensive guide to managing agile projects. It valuable resource for anyone who wants to learn more about agile project management or who wants to improve their agile project management skills.
Provides a practical guide to agile development. It valuable resource for anyone who wants to learn more about agile development or who wants to improve their agile skills.
Provides a practical guide to agile estimating and planning. It valuable resource for anyone who wants to learn more about agile estimating and planning or who wants to improve their agile skills.
Provides a practical guide to site reliability engineering. It valuable resource for anyone who wants to learn more about site reliability engineering or who wants to improve their site reliability engineering skills.
Provides a practical guide to the Lean Startup methodology. It valuable resource for anyone who wants to learn more about the Lean Startup methodology or who wants to improve their Lean Startup skills.
Provides a practical guide to Scrum. It valuable resource for anyone who wants to learn more about Scrum or who wants to improve their Scrum skills.
Provides a practical guide to Kanban. It valuable resource for anyone who wants to learn more about Kanban or who wants to improve their Kanban skills.
Provides a practical guide to agile retrospectives. It valuable resource for anyone who wants to learn more about agile retrospectives or who wants to improve their agile retrospective skills.
Novel about IT, DevOps, and helping your business win. It valuable resource for anyone who wants to learn more about DevOps or who wants to improve their DevOps skills.
Provides a practical guide to release management. It valuable resource for anyone who wants to learn more about release management or who wants to improve their release management skills.
Provides a theoretical framework for understanding why large companies often fail to innovate. It valuable resource for anyone who wants to learn more about innovation or who wants to improve their innovation skills.

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