A burndown chart graphically shows the relationship between the remaining effort in a project and the remaining time. With the help of such a diagram, it can be shown how quickly the working time is "burned" and how far the planning and the actual processing status match.
Goals of a burndown chart
Important goals in project management are meeting the deadline and costs. Using the burndown charts, you can quickly and easily see to what extent a project is on schedule and whether sufficient resources are available.
In daily, very short team meetings, progress or possible delays and the possible reasons for this are discussed.
Criticism and customization options
A burndown chart can very well serve to motivate an autonomous and self-organized team, but at the same time it also requires a lot of discipline.
Daily team meetings and the updating of the burndown charts provide the opportunity to intervene at an early stage if deviations are discernible. The reasons for a deviation can lie in the planning. The time and effort involved were misjudged.
For future projects, a so-called efficiency factor is calculated based on the empirical values available after the end of the project, which leads to more precise calculations in further projects. The ideal type of planning assumes that a constant use of resources is possible over the entire duration of the project, but this is often not the case in reality.