Why Is Planning Poker an Effective Estimation Technique

question 27

Multiple Choice

Why is planning poker an effective estimation technique?

• A) It generates a lot of useful discussion and gets team buy-in.
• B) It results in lower estimates as team members will estimate individually.
• C) It triggers a more detailed and task oriented break-up of the story.

Know how free cash flow projections and growth expectations contribute to corporate valuations.

Distinguish between different rates of return and their appropriate application in valuation exercises.

Understand the concept of cultural relativism and ethnocentrism.

Identify the characteristics of material and non-material culture.

---

Definitions:

Revenue

The total amount of money a business generates from its operations, often from the sales of goods or services before any expenses are subtracted.

Spending Variances

The differences between the budgeted or planned amounts of spending and the actual amounts spent.

Customers Served

The total number of customers who receive service or products from a business within a given time period.

Revenue

The total amount of income generated from the sale of goods or services before any expenses are subtracted.