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  • Web-Based Monte Carlo Simulation for Agile Estimation

    A web-based tool for calculating project estimates using a Monte Carlo simulation was recently made publicly available. It was created in the hopes that agile teams will use it to facilitate conversations between scrum masters and product managers, focusing on realistic outcomes and not overly optimistic projections.

  • Forecasting at Twitter

    Arun Kejariwal, from Twitter, talked at Velocity Conf London last month about forecasting algorithms used at Twitter to proactively predict system resource needs as well as business metrics such as number of users or tweets. Given the dynamic nature of their data stream, they found that a refined ARIMA model works well once data is cleansed, including removal of outliers.

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