Release planning in nutshell

·         Say release cycle is 3 months and sprint cycle is 2 weeks

·         In the back ground PO should be in consultation with stakeholder for assigning business values to features and stories and also prioritization of product backlog items

·         During grooming sessions PO will be discussing PBI with respect to ready status and stakeholders view

·         PO consults dev team for approximate number of items should fit in next 3 month worth of sprints (past velocity, change in environment  are also considered)

·         PO negotiates items of next release with stakeholders -   considering business priorities, team’s capacity & discussion outcome.

·         PO, DevTeam and stakeholder must have shared understanding of release content and must communicate to each other if any change deemed to arise