{"id":25929,"date":"2021-04-14T10:38:30","date_gmt":"2021-04-14T10:38:30","guid":{"rendered":"https:\/\/www.process.st\/templates\/shape-up-process-betting\/"},"modified":"2024-02-29T03:48:35","modified_gmt":"2024-02-29T03:48:35","slug":"shape-up-process-betting","status":"publish","type":"post","link":"https:\/\/www.process.st\/templates\/shape-up-process-betting\/","title":{"rendered":"Shape Up Process: Betting"},"content":{"rendered":"<section id=\"introduction-to-betting\">\n<h2>Introduction to Betting:<\/h2>\n<div class=\"image-content\">\n<figure> <a href=\"https:\/\/www.process.st\/templates\/wp-content\/uploads\/2024\/02\/lIZ7IiMSRFWBelj7vb1AqQ.png\" alt=\"Shape Up Process: Betting\" target=\"_blank\" rel=\"noopener\"> <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.process.st\/templates\/wp-content\/uploads\/2024\/02\/lIZ7IiMSRFWBelj7vb1AqQ.png\"> <\/a><figcaption>\n     Shape Up Process: Betting<br \/>\n<\/figcaption><\/figure>\n<\/div>\n<div class=\"text-content\">\n<p><span style=\"text-decoration: underline;\">Welcome to Process Street's Shape Up Processes template pack. <\/span><\/p>\n<p class=\"style-info\">This template pack will take you through the three key phases of Shape Up's development methodology:&nbsp;<\/p>\n<ol>\n<li><a href=\"https:\/\/www.process.st\/templates\/shape-up-process-shaping\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Shaping<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/shape-up-process-betting\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Betting<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/templates\/shape-up-process-building\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Building<\/strong><\/a><strong><\/strong><\/li>\n<\/ol>\n<p class=\"style-success\"><strong>This template focuses on the second phase, betting.&nbsp; There are a few critical points to touch on before cracking on with the<\/strong> <strong>betting process.<\/strong><\/p>\n<ol>\n<li><strong>Cycles<\/strong> give you a standard project size both for shaping and scheduling. Shape Up recommends running on cycles of 6 weeks. Between each cycle, there is a cool-down period ...<\/li>\n<li><strong>The cool-down<\/strong> period is a 2-week time slot between each cycle to do ad-hoc tasks, fix bugs, <strong>and hold a betting table.&nbsp;<\/strong><\/li>\n<\/ol>\n<p><code>What's a betting table?<\/code><\/p>\n<p class=\"style-info\"><strong>Betting table:<\/strong> A meeting during cool-down when stakeholders decide which pitches to bet on in the next cycle.&nbsp;<\/p>\n<p>The potential bets to consider are either new pitches shaped during the last six weeks or possibly one or two older pitches that someone specifically chose to revive.<\/p>\n<p class=\"style-danger\">In <strong>Shape Up<\/strong> there is <strong>no backlog<\/strong>. Just&nbsp;<strong>a few good pitches to consider.&nbsp;<\/strong><\/p>\n<\/div>\n<\/section>\n<section id=\"enter-checklist-details\">\n<h2>Enter checklist details<\/h2>\n<div class=\"text-content\">\n<p><span style=\"background-color: #fce8a7;\"><strong>Use the form fields below to record checklist details.&nbsp;<\/strong><\/span><\/p>\n<\/div>\n<div class=\"text-field-content form-field-content\">\n<div class=\"form-group\"> <label> Enter name of the next cycle <\/label><br \/>\n<input type=\"text\" placeholder=\"Something will be typed here...\" disabled=\"\" class=\"form-control\"><\/div>\n<\/div>\n<div class=\"date-field-content form-field-content\">\n<div class=\"form-group\"> <label> Today's date <\/label><\/p>\n<div class=\"date-container\"> <button type=\"button\" disabled=\"\" class=\"btn btn-default\"> <i class=\"fa fa-calendar btn-icon\"><\/i> Date will be set here <\/button><\/div>\n<\/div>\n<\/div>\n<\/section>\n<section id=\"assign-members-to-bet\">\n<h2>Assign members to bet<\/h2>\n<div class=\"text-content\">\n<p class=\"style-danger\">Use the assign members field below to <strong>assign the members you wish to include in the betting process<\/strong>.&nbsp;<\/p>\n<\/div>\n<\/section>\n<section id=\"upload-pitches--place-bets\">\n<h2>Upload pitches &amp; place bets:<\/h2>\n<div class=\"text-content\">\n<p class=\"style-danger\">The following task will ask you to <strong>upload or link your pitches for the betting table.&nbsp; <\/strong>The task has been a<strong>ssigned to all team members included in the betting process<\/strong>.&nbsp;<\/p>\n<\/div>\n<\/section>\n<section id=\"upload-and-revise-pitches\">\n<h2>Upload and revise pitches<\/h2>\n<div class=\"text-content\">\n<p><span style=\"background-color: #fce8a7;\"><strong>Upload pitches to the betting table and place your bets.<\/strong><\/span><strong><\/strong><\/p>\n<p class=\"style-success\">Here are some<strong> common questions to ask yourself when at the betting table<\/strong> and are debating which bets to place. When placing your bet <strong>tick off each sub-task to show that you've considered the questions<\/strong>.&nbsp;<\/p>\n<\/div>\n<div class=\"multi-select-content form-field-content\">\n<ul class=\"items\">\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       1<\/div>\n<\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/div>\n<div class=\"item-name-static\">\n      Does the problem matter?<\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       2<\/div>\n<\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/div>\n<div class=\"item-name-static\">\n      Is the appetite right?<\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       3<\/div>\n<\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/div>\n<div class=\"item-name-static\">\n      Is the solution attractive?<\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       4<\/div>\n<\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/div>\n<div class=\"item-name-static\">\n      Is this the right time?<\/div>\n<\/li>\n<li class=\"item\">\n<div class=\"step-number-container\">\n<div class=\"step-number\">\n       5<\/div>\n<\/div>\n<div class=\"step-checkbox-container\">\n<div class=\"step-checkbox\"><\/div>\n<\/div>\n<div class=\"item-name-static\">\n      Are the right people available?<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<div class=\"file-field-content form-field-content\">\n<div class=\"form-group\"> <label> Upload pitch # 1 <\/label><\/p>\n<div class=\"file-container\"> <button type=\"button\" disabled=\"\" class=\"btn btn-default\"> <i class=\"fa fa-upload btn-icon\"><\/i> File will be uploaded here <\/button><\/div>\n<\/div>\n<\/div>\n<div class=\"file-field-content form-field-content\">\n<div class=\"form-group\"> <label> Upload pitch # 2 <\/label><\/p>\n<div class=\"file-container\"> <button type=\"button\" disabled=\"\" class=\"btn btn-default\"> <i class=\"fa fa-upload btn-icon\"><\/i> File will be uploaded here <\/button><\/div>\n<\/div>\n<\/div>\n<div class=\"file-field-content form-field-content\">\n<div class=\"form-group\"> <label> Upload pitch # 3 <\/label><\/p>\n<div class=\"file-container\"> <button type=\"button\" disabled=\"\" class=\"btn btn-default\"> <i class=\"fa fa-upload btn-icon\"><\/i> File will be uploaded here <\/button><\/div>\n<\/div>\n<\/div>\n<\/section>\n<section id=\"place-your-bet\">\n<h2>Place your bet<\/h2>\n<div class=\"text-content\">\n<p><span style=\"background-color: #fce8a7;\">Now you've had a chance to revise each of the pitches it's <strong>time to place your bets.&nbsp;<\/strong><\/span><\/p>\n<p>From the drop-down below<strong> select which pitch you wish to bet on<\/strong>. Then provide your reason for the bet in the text field.&nbsp;<\/p>\n<\/div>\n<div class=\"select-field-content form-field-content\">\n<div class=\"form-group\"> <label> Place your bet <\/label> <select disabled=\"\" class=\"form-control\"><option value=\"An option will be selected here\">An option will be selected here<\/option><\/select><\/div>\n<\/div>\n<div class=\"textarea-field-content form-field-content\">\n<div class=\"form-group\"> <label> Reason for the bet <\/label> <textarea placeholder=\"Something will be typed here...\" rows=\"3\" disabled=\"\" class=\"form-control\"><\/textarea><\/div>\n<\/div>\n<\/section>\n<section id=\"analyze-feedback\">\n<h2>Analyze feedback<\/h2>\n<div class=\"text-content\">\n<p><span style=\"background-color: #fce8a7;\">Below are the <strong>results of the betting table and the reason for the bet<\/strong>.&nbsp;<\/span><\/p>\n<hr>\n<h3 style=\"text-align: center;\">The Betting Table&nbsp;<\/h3>\n<p>{{form.Assign_team_members_to_bet.name}}<\/p>\n<p>{{form.Assign_team_members_to_bet.email}}<\/p>\n<p>{{form.Place_your_bet}}<\/p>\n<p>{{form.Reason_for_the_bet}}<\/p>\n<hr>\n<p class=\"style-success\">Once everybody has placed their bets, <strong>select the pitches you're running<\/strong> <strong>with<\/strong>&nbsp;from the dropdown below.<\/p>\n<\/div>\n<div class=\"select-field-content form-field-content\">\n<div class=\"form-group\"> <label> Winning pitches <\/label> <select disabled=\"\" class=\"form-control\"><option value=\"An option will be selected here\">An option will be selected here<\/option><\/select><\/div>\n<\/div>\n<\/section>\n<section id=\"summarize-winning-pitches\">\n<h2>Summarize winning pitch(es)<\/h2>\n<div class=\"text-content\">\n<p><span style=\"background-color: #fce8a7;\">In the text field below <strong>briefly summarize each of the winning pitches<\/strong>.&nbsp;<\/span><\/p>\n<p>This information will then be used to inform the team which pitches they'll be working on. <strong>Keep things brief but informative.&nbsp;<\/strong><\/p>\n<p>{{form.Winning_pitches}}<\/p>\n<\/div>\n<div class=\"textarea-field-content form-field-content\">\n<div class=\"form-group\"> <label> Summarize winning pitches <\/label> <textarea placeholder=\"Something will be typed here...\" rows=\"3\" disabled=\"\" class=\"form-control\"><\/textarea><\/div>\n<\/div>\n<\/section>\n<section id=\"post-the-kickoff-message\">\n<h2>Post the kick-off message:<\/h2>\n<div class=\"text-content\">\n<p><strong>&nbsp;Post the kick-off message.<\/strong><\/p>\n<p class=\"style-success\">With the bets in place, you should now know the winning pitches. The <strong>next step is to let everyone in the team know which projects they will be working on for the next cycle.&nbsp;<\/strong><\/p>\n<\/div>\n<\/section>\n<section id=\"move-onto-building\">\n<h2>Move onto building<\/h2>\n<div class=\"text-content\">\n<p class=\"style-success\">Now it's time to start building.&nbsp;<\/p>\n<p>For the building process click this link: <a href=\"https:\/\/www.process.st\/templates\/shape-up-process-building\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Shape Up Process: Building<\/strong><\/a><\/p>\n<\/div>\n<\/section>\n<section id=\"sources\">\n<h2>Sources:<\/h2>\n<div class=\"text-content\">\n<h4 style=\"text-align: center;\">Sources<\/h4>\n<hr>\n<ul>\n<li><a href=\"https:\/\/basecamp.com\/shapeup\" rel=\"nofollow noopener\" target=\"_blank\">Shape Up: Stop Running in Circles<\/a><br \/>\n<a href=\"https:\/\/basecamp.com\/shapeup\" rel=\"nofollow noopener\" target=\"_blank\">and Ship Work that Matters<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/shape-up\/\" rel=\"nofollow noopener\" target=\"_blank\">Process Street: Shape Up vs Scrum: 6 Months to 6 Weeks \u2013 How We Cut Our Dev Cycle 75%<\/a><\/li>\n<li><a href=\"https:\/\/basecamp.com\/shapeup\/2.2-chapter-08\/\" rel=\"nofollow noopener\" target=\"_blank\">Shape Up: The Betting Table<\/a><\/li>\n<li><a href=\"https:\/\/basecamp.com\/shapeup\/2.3-chapter-09\/\" rel=\"nofollow noopener\" target=\"_blank\">Shape Up: Place Your Bets<\/a><\/li>\n<li><a href=\"https:\/\/www.process.st\/help\/docs\/getting-started\/\" rel=\"nofollow noopener\" target=\"_blank\">Process Street: Getting Started with Process Street<\/a><\/li>\n<\/ul>\n<\/div>\n<\/section>\n<section id=\"related-checklists\">\n<h2>Related checklists:<\/h2>\n<div class=\"text-content\">\n<h4 style=\"text-align: center;\">Related checklists<\/h4>\n<hr>\n<p><a href=\"https:\/\/www.process.st\/templates\/shape-up-process-shaping\/\" rel=\"nofollow noopener\" target=\"_blank\">Shape Up Process: Shaping<\/a><\/p>\n<p><a href=\"http:\/\/%20https:\/\/www.process.st\/templates\/shape-up-process-building\/\" rel=\"nofollow noopener\" target=\"_blank\">Shape Up Process: Building<\/a><\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Introduction to Betting: Shape Up Process: Betting Welcome to Process Street's Shape Up Processes template pack. 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