Definition of Fibonacci Sequence:
The mathematical sequence from the 12th century by Leonardo Pisano called the Fibonacci Sequence is a numerical sequence in which each subsequent number is determined by the sum of the two previous numbers, that is: 1, 2, 3, 5, 8, 13, 21… Each interval becomes larger as the numbers increase.
Use of the Fibonacci Sequence:
Agile teams often use the Fibonacci Sequence when playing the game of Planning Poker to estimate their workload. The numbers are relative and have no unit of measurement assigned.
Benefits of the Fibonacci Sequence:
- Establishes a scale or standard of comparison for estimating.
- Increases accuracy of estimates.