Agile Actuary

[aj-uh l ak-choo-er-ee ]

Definition of Agile Actuary

A professional who does qualitative and quantitative analysis to help Business Owners and Product Champions mitigate risk, support decision-making, evaluate options, and produce the Delivery Forecast.

See:

Business Owner, A Product Ownership role that represents a person who is accountable to the Business Organization for maximizing the overall value of Deliverable Results, which could represent one, or many, Products. ...
Product Champion, A Product Ownership role that represents the interests of a cohesive set of Stakeholders focused on the same Product. The Product Champion represents the Product’s Backlog, owns the Product Vision,...
Product Ownership, The collection of Responsibilities and Accountabilities that sit between the Stakeholders and the Developers; these responsibilities range from creating a strategic vision to delivery management to determining what work will...
Delivery Forecast The Delivery Forecast predicts Scope, Delivery Dates, and Costs, and is ‘owned’ by the Product Champion. It should be based on Data, not Hope. It is important to note that...

Examples

We would expect each Product to have its own Delivery Forecast (which consists of estimated Delivery Dates, Costs, risks and other advisement) along with an associated Agile Actuary.

The Agile Actuary pulls together data through general qualitative or quantitative analysis to order to construct metrics, indicators, algorithms and models.

The Agile Actuary is scientifically minded and regularly uses statistical analysis to answer complex problems found in product development.

Discussion

The term Delivery Manager was deprecated in favor of Agile Actuary since it has a stronger focus on analytics and trying to be more scientific in discipline. The dollars, values and associated risks are typically studied using statistically tools whenever stronger support can be made to support Scrum relate decisions.

Cite This Term

"Agile Actuary" ScrumDictionary.com. Accessed Oct 05, 2024. https://scrumdictionary.com/term/agile-actuary/.