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Long-term planning vs backlog management

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When we talk about longer-term planning in Agile world we usually focus on estimating (i.e. in Story Points), team’s velocity and a way of forecasting a timeframe by which a predefined set of backlog items can be delivered. While the above is absolutely valid and critical, we often forget that a success of a long-term delivery also depends on how a product backlog for the is prepared and...