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The agile lead should evaluate the team's capacity and help them select user stories that align with around 80% of their available capacity for the iteration. This approach takes into account potential issues or interruptions and helps ensure the team is not overcommitting. By selecting user stories based on a realistic understanding of the team’s capacity, the team is more likely to meet their commitments and avoid incomplete work. This method promotes sustainable work practices and helps the team maintain a predictable velocity over time.

With a limited budget of $17,000 remaining, the product owner should prioritize features that provide the most value to the customer. This means considering the business needs, customer feedback, and potential value of each feature rather than focusing solely on completing all planned features. Features like the Reporting Module, which have not started and have a high estimated cost, might need to be reconsidered or deferred based on priority. By assessing which features deliver the most value to stakeholders and aligning with the overall objectives, the product owner can make the most efficient use of the remaining budget.

To improve the team’s productivity, it is essential to keep both the product backlog and the iteration backlog up to date. The product backlog contains the overall product features and requirements, while the iteration backlog focuses on the work planned for the current iteration. Ensuring that both backlogs are updated as issues and new tasks arise will help maintain clarity and avoid confusion, enabling the team to prioritize and track progress more effectively. This will also help minimize delays and rework, as the team will have a clear, accurate view of what needs to be done and what has been accomplished.