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When an Equation Isn't Equal
This is post 1 of 9 in our Little's Law series.
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In God We Trust. All Others Bring Data.
Before proceeding, it would be worth reviewing Julia's excellent posts on the four basic metrics of Flow:
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The 4-Letter Word That Begins With F
Many of our future planned posts will refer to a concept known as Flow. For as much as Flow is talked about in Lean-Agile circles, there really aren't many ...
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All Models Are Wrong. Some Are Random.
Disclaimer: This post is for those who really like to geek out on the inner workings of Monte Carlo Simulations. If you are not interested in the inner ...
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Applying Flow Metrics for Scrum
Are you using ActionableAgile™ in a Scrum context? Well, good news! Our friends at ProKanban.org have just published a class called "Applying Flow Metrics for ...
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What is probabilistic forecasting?
A probabilistic forecast is one that acknowledges a wide array of possible outcomes and assigns a probability, or likelihood of happening, to each. This makes ...
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What is a Cycle Time Scatterplot?
The Cycle Time Scatterplot chart is arguably the best way to view your Cycle Time data - the total elapsed time it took for individual items to move from one ...
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Monte Carlo Simulations and Forecasting
When you hear Monte Carlo you probably have thoughts of the Formula One Grand Prix and extravagant casinos. At 55 Degrees, when we talk about Monte Carlo ...
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When forecasts differ from estimates
At 55 Degrees, we think probabilistic forecasting is great. Heck, it is a key feature in our products ActionableAgile Analytics and Portfolio Forecaster. By ...
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What if there is no right or wrong?
Sometimes you need to change your approach When I watch the news, read social media, or listen to arguments about how to do something, I am struck by how far ...
