What is a burndown chart?

A burndown chart is an essential tool for agile teams to visualize the amount of work completed during a sprint and compare it to the planned workload. It aids in tracking progress, facilitating discussions with team members, and communicating with stakeholders about project timelines. The chart allows teams to estimate work using story points, often through Fibonacci sequencing, and adjust plans based on real-time progress. This method provides insights into team efficiency, highlights potential bottlenecks, and helps improve future sprint planning. The article includes a guide on creating a burndown chart using Excel or Google Sheets, emphasizing its utility for product managers, engineering managers, and scrum masters in ensuring projects remain on track and stakeholders are informed.