What are a Burndown Chart, a Burnup Chart, and Velocity?

The video tutorial explains burn down and burn up charts as tools for measuring progress in agile projects. Burn down charts show remaining work over time, while burn up charts display completed work. The video also covers how to compare actual progress with planned progress using these charts. Additionally, it introduces the concept of velocity, which measures the rate of work completion, and discusses its role in planning future work. The tutorial emphasizes that velocity should not be used as a performance measure.

How can teams use burn charts to assess their progress?

What factors can affect the calculation of velocity over time?

Why should velocity not be used as a performance measure?