Agile is the guiding, foundational philosophy of how we work.
At Crema, we are in the business of people and we believe creativity and innovation can impact the world for good.
Velocity is a method of measuring our product team’s pace of product development. It’s a simple calculation:
Total number of story points completed over the prior 3* sprints / 3 sprints = velocity.
*Typically, 2 - 4 sprints is the optimal window for calculating a product team’s velocity.
Simply put, velocity is the average number of story points the product team can complete each sprint.
Velocity, therefore, is a valuable number to use in sprint and release planning. It informs decisions to make on what should or shouldn’t be included in a sprint or release. It assists the product team with understanding where they are at in a sprint. It can help peg estimated release dates and estimates for long-term releases.
Velocity is not a metric of a product team’s success or failure — completing the “sprint goal” is, as well as identifying if the team is properly iterating to support feedback from users of the product. It serves the product team as a valuable tool to help make the most efficient and effective decisions of the team’s time, moving forward.