Earlier quoted context omitted.
PT's concept of velocity isn't just tracking a number. It is tracking what work will get done within a period of time based on the average amount of work done previously. It allowed PM's to actually estimate when a feature would be completed and how adding or removing stories (or people!) would impact future feature deadlines. Initial velocity was meaningless and only developed over time as an average value of a team…
Yes, that’s basically how we did it. Though not formally accounting for vacation days; there were four of us and we didn’t have people coming and going much. We only did it once a week during the retrospective. It’s not hard to add up story points for the week and remember what you did in previous weeks. You could enter it into a spreadsheet if you want to get fancy. The concept comes from Extreme Programming. Softwa…
My buddy and I built what ended up being an $80m/yr gross revenue business entirely using PT for ourselves. We shipped a MVP exactly to the week we predicted. It helped that we both worked at Pivotal and knew exactly how to use PT correctly.
You certainly were early with the process and I applaud you for that! PT wasn't released until 2008.