Originally posted by Antman
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At the beginning of any project the cost and the time to be delivered are usually a guestimate (at best) based on the number of people available to work on the project, their skills, and prior delivery rate (assuming that's measured accurately and it's not a newly formed team).
The work required for a project (product) to be delivered won't change whether you use Waterfall or Agile. The approach to delivering will change though. Having said that (and given the initial values for cost and delivery time are guestimates), in Agile you have the option to stop the project at any time given the progress, the benefits realised with incremental deliveries, etc.
CFDs are quite good to report progress on an Agile project. You can also collate data and do it across projects under a Programme.
How does that work in the Waterfall front?
Are you not tied to get either all or nothing by a big-bang delivery?
What metrics would you use for reporting progress?
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