Question
How long should we time box the prep time before the first sprint starts – i.e. the time used to decide on a product that has a good chance of meeting the goals, make effort and business value estimates and get the top product backlog items to be sprint ready?
Answer
I would look for the shortest time you can to prep. To get started in a sprint you need a team and a product backlog. You don’t need a complete and perfect product backlog – since more product backlog items will get added as you go along and existing items will be altered and sometimes removed. I would start working and refining the backlog as you go – so you don’t end up with a “design sprint” that takes longer than a sprint itself.
The 2017 Scrum Guide outlines that up to about 10% of the development team’s capacity will be used in backlog refinement activities. These activities are ongoing and collaborative between the product owner and the development team. The scrum team decides how and when refinement is done. In the initial sprints, that activity might look like several backlog refinement meetings to get the backlog to a state where there are 2-3 weeks of sprint ready product backlog items. After that it may look like one refinement meeting per week and the development team members doing research, prototyping, etc. to get information to refine the product backlog items.
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