What does Burn-Down-Chart mean ?
A Burn-Down-Chart shows the remaining workload in relation to the remaining time in connection with an ongoing project.
The amount of work remaining is shown on a vertical axis, while the time elapsed since the project began is placed horizontally on the graph, which shows the past and the future.
Pros and Cons of the BDC
Example of the creation of a Burn-Down-Charts
- Step 1 – Create an estimate of the effort
- Step 2 – Track daily process
- Step 3 – Calculate the actual effort
- Step 4 – Obtain final data set
- Step 5 – Draw actual burndown with record and compare estimated and actual final effort
Measure performance using a Burn-Down-Charts
If the actual effort is higher than the ideal effort, it means that more effort is needed than originally predicted and the project is behind schedule.
If the actual effort is below the ideal effort, it means that less effort is needed than originally predicted and the project is ahead of schedule.
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