How do you read a burndown chart?

In this way, what does a burndown chart show?

A burn down chart is a graphical representation of work left to do versus time. The outstanding work (or backlog) is often on the vertical axis, with time along the horizontal. Burn down charts are a run chart of outstanding work. It is useful for predicting when all of the work will be completed.

1. Step 1 – Create Estimate Effort. Suppose your ideal baseline for using the available hours over the sprint.
2. Step 2 – Track Daily Process. The daily progress is then captured in the table against each task.
3. Step 3 – Compute the Actual Effort.
4. Step 4 – Obtain the Final Dataset.
5. Step 5 – Plot the Burndown using the Dataset.

Likewise, what is average burndown?

The burndown is a chart that shows how quickly you and your team are burning through your customer's user stories. It shows the total effort against the amount of work we deliver each iteration. Something like this: We can see the total effort on the left, our team velocity on the right.

A Burn Up Chart is a tool used to track how much work has been completed, and show the total amount of work for a project or iteration. It's used by multiple software engineering methods but these charts are particularly popular in Agile and Scrum software project management.