According to this Scrum article:
Story points are relative values that do not translate directly into a specific number of hours. Instead, story points help a team quantify the general size of the user story. These relative estimates are less precise so that they require less effort to determine, and they hold up better over time. By estimating in story points, your team will provide the general size of the user stories now and develop the more detailed estimation of hours of work later, when team members are about to implement the user stories.
Can anyone clarify:
- What should be the measuring scale for story points? Should it be out of 10, 100 or the highest story point assigned in the given product backlog?
- (little off-topic) A 'product backlog item' (check the attached image) consists of all the user-stories of the project while a sprint backlog contains a subset of stories from the product backlog. Having said that; if one product backlog is sufficient, then why TFS allow us to have multiple product backlog items?