A project team needs to decide whether to retrofit a fleet of bicycles as e-bikes instead of buying brand new ones. The agile coach conducts a group exercise.
Review the notes on the whiteboard:
Retrofit old bikes
• 60% probability of success with a profit of US$50,000
• 40% chance it will lose US$50,000
Buy new bikes
• 50% chance of profit greater than US$25,000
• 50% chance of cost recovery
What is this project team doing?