diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7adad7f68..f5178278d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,7 @@
 ### Added
 - Option to archive teams
 - Added pusher-fake to the project
+- Field velocity_strategy to projects
 
 ### Fixed
 - Fixed locale change when accessing user edit page
diff --git a/app/api/entities/project.rb b/app/api/entities/project.rb
index 9a2132510..242e5a53e 100644
--- a/app/api/entities/project.rb
+++ b/app/api/entities/project.rb
@@ -6,6 +6,7 @@ class Entities::Project < Entities::BaseEntity
   expose :iteration_start_day
   expose :iteration_length
   expose :default_velocity
+  expose :velocity_strategy
   expose :velocity, if: { type: :full }
   expose :volatility, if: { type: :full }
   expose :teams, using: Entities::Team
diff --git a/app/controllers/projects_controller.rb b/app/controllers/projects_controller.rb
index ebdaa1b88..74587da30 100644
--- a/app/controllers/projects_controller.rb
+++ b/app/controllers/projects_controller.rb
@@ -237,7 +237,7 @@ def allowed_params
       .fetch(:project)
       .permit(:name, :point_scale, :default_velocity, :tag_group_id, :start_date,
               :iteration_start_day, :iteration_length, :import, :archived,
-              :disallow_join, :mail_reports)
+              :disallow_join, :mail_reports, :velocity_strategy)
   end
 
   def fluid_layout
diff --git a/app/helpers/projects_helper.rb b/app/helpers/projects_helper.rb
index 7ff086e64..347d3c37e 100644
--- a/app/helpers/projects_helper.rb
+++ b/app/helpers/projects_helper.rb
@@ -107,4 +107,12 @@ def formatted_standard_deviation(standard_deviation)
   def inverse_story_flow
     'pressed' if @story_flow[:current].eql?(@story_flow[:default])
   end
+
+  # Returns an array of valid velocity strategy options suitable for use in
+  # a select helper.
+  def velocity_strategy_options
+    (1..4).collect do |iterations|
+      [I18n.t('n velocity strategy', count: iterations), iterations]
+    end
+  end
 end
diff --git a/app/views/projects/_form.html.erb b/app/views/projects/_form.html.erb
index 2152735a5..350da6ebc 100644
--- a/app/views/projects/_form.html.erb
+++ b/app/views/projects/_form.html.erb
@@ -16,6 +16,15 @@
     <%= f.text_field :default_velocity, length: 2, size: 3, class: 'form-control auth-form-control' %>
   </div>
 
+  <div class="form-group">
+    <%= f.label :velocity_strategy %>
+    <%= f.select :velocity_strategy,
+                 velocity_strategy_options,
+                 {},
+                 { class:'form-control auth-form-control' }
+    %>
+  </div>
+
   <div class="form-group date-form-group">
     <%= f.label :start_date, class: 'control-label' %> <br>
     <%= f.date_select :start_date, {}, { class: 'form-control auth-form-control' } %>
@@ -52,7 +61,7 @@
     <%= f.label :mail_reports, class: 'control-label' %>
     <%= f.check_box :mail_reports %>
   </div>
-  
+
   <div class="btn-group actions pull-right clearfix">
     <%= f.submit nil, class: 'btn btn-primary btn-form' %>
 
diff --git a/config/locales/en.yml b/config/locales/en.yml
index ed9d88e1a..db48892c6 100644
--- a/config/locales/en.yml
+++ b/config/locales/en.yml
@@ -136,6 +136,10 @@ en:
     one: '1 week'
     other: '%{count} weeks'
 
+  n velocity strategy:
+    one:    'Average of 1 iteration'
+    other:  'Average of %{count} iterations'
+
   keycuts:
     keyboard_shortcuts: Keyboard shortcuts
     help: Help (this)
@@ -178,6 +182,7 @@ en:
         default_velocity:     'Default velocity'
         archived:             'Archived'
         mail_reports:         'Send reports via mail'
+        velocity_strategy:    'Velocity strategy'
       story:
         title:                'Title'
         description:          'Description'
diff --git a/config/locales/pt-BR.yml b/config/locales/pt-BR.yml
index d737c2332..22c02df25 100644
--- a/config/locales/pt-BR.yml
+++ b/config/locales/pt-BR.yml
@@ -133,6 +133,10 @@ pt-BR:
     one: '1 semana'
     other: '%{count} semanas'
 
+  n velocity strategy:
+    one:    'Média de 1 iteração'
+    other:  'Média de %{count} iterações'
+
   keycuts:
     keyboard_shortcuts: Atalhos de teclado
     help: Ajuda (this)
@@ -175,6 +179,7 @@ pt-BR:
         default_velocity:     'Velocidade padrão'
         archived:             'Arquivado'
         mail_reports:         'Enviar relatórios por email'
+        velocity_strategy:    'Estratégia de velocidade'
       story:
         title:                'Título'
         description:          'Descrição'
diff --git a/db/migrate/20180823124914_add_velocity_strategy_to_projects.rb b/db/migrate/20180823124914_add_velocity_strategy_to_projects.rb
new file mode 100644
index 000000000..8069266cf
--- /dev/null
+++ b/db/migrate/20180823124914_add_velocity_strategy_to_projects.rb
@@ -0,0 +1,5 @@
+class AddVelocityStrategyToProjects < ActiveRecord::Migration
+  def change
+    add_column :projects, :velocity_strategy, :integer, default: 3
+  end
+end
diff --git a/db/schema.rb b/db/schema.rb
index 7c37b5a4c..49afd6051 100644
--- a/db/schema.rb
+++ b/db/schema.rb
@@ -11,7 +11,7 @@
 #
 # It's strongly recommended that you check this file into your version control system.
 
-ActiveRecord::Schema.define(version: 20170914172941) do
+ActiveRecord::Schema.define(version: 20180823124914) do
 
   # These are extensions that must be enabled in order to support this database
   enable_extension "plpgsql"
@@ -170,6 +170,7 @@
     t.boolean  "disallow_join",                   default: true,        null: false
     t.integer  "tag_group_id"
     t.boolean  "mail_reports",                    default: true
+    t.integer  "velocity_strategy",               default: 3
   end
 
   add_index "projects", ["slug"], name: "index_projects_on_slug", unique: true, using: :btree
diff --git a/spec/api/entities/project_spec.rb b/spec/api/entities/project_spec.rb
index 13ad759a5..9de50e524 100644
--- a/spec/api/entities/project_spec.rb
+++ b/spec/api/entities/project_spec.rb
@@ -16,6 +16,12 @@
   it { expect(subject[:volatility]).to be_nil }
   it { expect(subject[:mail_reports]).to be_truthy }
 
+  it do
+    expect(
+      subject[:velocity_strategy]
+    ).to eq(project.velocity_strategy)
+  end
+
   context 'when call it with full type' do
     subject { described_class.represent(project, type: :full).as_json }
 
diff --git a/spec/helpers/projects_helper_spec.rb b/spec/helpers/projects_helper_spec.rb
index 5a6cc05b7..38a5205c6 100644
--- a/spec/helpers/projects_helper_spec.rb
+++ b/spec/helpers/projects_helper_spec.rb
@@ -30,4 +30,16 @@
       end
     end
   end
+
+  describe '#velocity_strategy_options' do
+    subject(:options) { helper.velocity_strategy_options }
+
+    it 'returns an array containing translated options to use in a select' do
+      (1..4).each do |iteration|
+        expect(options).to include(
+          [I18n.t('n velocity strategy', count: iteration), iteration]
+        )
+      end
+    end
+  end
 end