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But just remember that past performance may not be a valid indicator of future performance...
I agree with Kiron - This is a lagging indicator. You always should have leading indicators to predict the future.
Thank you for participating in this reflection and for your opinion. Can you predict the future?
1. Knowing where you are
2. Knowing where you should be
3. Understanding the implications and materiality of the difference between #1 and #2 to formulate the best response
I would suggest a subtle change in wording:
Measure what has been done
Compare to what was 'expected' or 'predicted'.
What has been done is the reality (fact) - what was expected or predicted is but a guess (even if supported by past experience). Too many see what was expected as the reality. If you fail to meet expectation was the performance wrong or was the expectation too optimistic or based on incomplete information.
I always assume that the expectation was incorrect until proven otherwise. That doesn't mean you don't set standards or expectations it means you need to understand the difference between facts/reality and guesses/predictions.
Seems good. However, how about the plan? You may plan for something different than what could have been done!
Measure what has been done: EV
Compare with what could have been done: PV
¿Would this comparison be valid using Earned Value terms?
The plan? More and more short-term plans are planned (1 to 4 weeks, the "ideal" period being 2 weeks).
The planning for this period is carried out by the people who make up the team and taking into account their potential.
When you are doing the retrospective what are you comparing?
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