Troy Magennis on forecasting and risk management

While I was in Australia in June to keynote the Agile Australia conference I had the privilege to interview Troy Magennis. When I first heard Troy speak at a conference years ago I remember how impressed I was with his deep understanding of the mathematics involved in forecasting. After listening to this episode I think you’ll be equally impressed.

Troy is the founder of Focused Objective, a consultancy that helps companies with forecasting, portfolio planning, risk management and metric selection.

We talk about why 3 to 7 recent samples is often better than thousands of samples from last year, how we need several opposing metrics to prevent local optimization and how we’ve lost the art of post mortems.

Troy has a ton of resources that are freely available for you to download and try out. For example, you might like the team dashboard Troy has built. After listening to the episode you can use his tools to take your forecasting to the boss level.

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