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A sample burndown chart for a completed iteration. It will show the remaining effort and tasks for each of the 21 work days of the 1-month iteration. A burndown chart or burn-down chart is a graphical representation of work left to do versus time. [1] The outstanding work (or backlog) is often on the vertical axis, with time along the horizontal.
A burn down chart tracks work remaining over time while burn up charts like the CFD track the growth (or shrinkage) of work in certain states over time. In agile software development, when teams use kanban methodology, the cumulative flow diagram shows the number of active items in each column on a kanban board.
Often used in scrum, a burndown chart is a publicly displayed chart showing remaining work. [36] It provides quick visualizations for reference. The horizontal axis of the burndown chart shows the days remaining, while the vertical axis shows the amount of work remaining each day. During sprint planning, the ideal burndown chart is plotted.
English: A sample burndown chart as used in Agile software development methodologies, for example Scrum. This is a scalable version of File:SampleBurndownChart.png.
Imagine a burn-down of the effort required to plant sod/grass in my back yard. If I plot a burn-down with number of pieces of sod on the y-axis and hours on the x axis, a burn-down could be a great tool to measure my progress. I think there's much more to say on the topic, as various styles of burn charts have been introduced.
Aside from financing, the term burn rate is also used in project management to determine the rate at which hours (allocated to a project) are being used, to identify when work is going out of scope, or when efficiencies are being lost. Simply put, the burn rate of any project is the rate at which the project budget is being burned (spent). [5]
From January 2008 to December 2012, if you bought shares in companies when Ari Bousbib joined the board, and sold them when he left, you would have a 128.0 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
A Gantt chart is a type of bar chart [4] [5] that illustrates a project schedule. [6] This chart lists the tasks to be performed on the vertical axis, and time intervals on the horizontal axis. [ 4 ] [ 7 ] The width of the horizontal bars in the graph shows the duration of each activity.
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