3. The system of claim 1 wherein the value is one of a numerical sequence.
1. A system for monitoring software project development, the system comprising: a communication interface that receives, via one or more networks, information included in communications regarding the project development; a processor and memory that are integrated to: identify from the information a plurality of user stories for completion during development; estimate a priority of each of the plurality of user stories; assign a value to each of the plurality of user stories, the assigned value representing an amount of effort needed to complete the respective user story; store each of the plurality of user stories, estimated priority and assigned value in the memory as a product backlog; calibrate a difference in the assigned value of each of the plurality of user stories by comparing a centralized position of each of the plurality of user stories and an associated sequential position and iteratively adjusting the sequential position of each of the plurality of user stories based on the difference between the centralized position and the assigned value as compared to a statistical value until the difference is below a threshold; and update a product backlog of user stories with the user story's associated calibrated assigned value; and a display device for displaying the status of the project development based on a plurality of user stories remaining in the product backlog as compared to a plurality of user completed stories.