An great counterpoint to this argument comes from Allen Holub in his talk “#NoEstimates”.
The system of making bets does not translate well when communicating that to business folks and managers — which is why it’s largely non-existent for story pointing in agile environments. People are overly optimistic; they hear 80% and think 100%. Doing percentages isn’t foolproof either.
The system of making bets does not translate well when communicating that to business folks and managers — which is why it’s largely non-existent for story pointing in agile environments. People are overly optimistic; they hear 80% and think 100%. Doing percentages isn’t foolproof either.