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Process to manage changing priorities mid-quarter

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I am trying to come up with a proposal for a process that will show the progress of our features. Showing progress will give transparency and enable management to see what work will be impacted if they decide to increase scope or add another feature. I was thinking to create a Gantt chart, with the list of features, by team, and show the progress. The data would be generated based on the number of stories completed and the number of stories left. I would show this to management after every system demo. Would this be effective or can someone suggest a better idea? 


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