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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Take for example the deployment of an ERP system, the installation, and startup of a process control system, the release of a suite of embedded software controllers for a car, aircraft, petrochemical plant. A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. 3, August 2006, pp.

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Project Management, Performance Measures, and Statistical Decision Making

Herding Cats

Here's a typical graph showing a core problem in the software development domain. . Schedule Estimation and Uncertainty Surrounding the Cone of Uncertainty, Todd Little, IEEE Software , May/June 2006. Your project may be different in practice, but the principles are the same. A Few References and Resources .

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A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Performance Management. Connecting the 5 Principles and 5 Practices of Performance-Based Project Management ® To Increase the Probability of Project Success. Building a Credible Performance Measurement Baseline. Measures of Product Value is Exchange for Its Cost. Event-Based Scheduling , 10 November 2006.

2003 54
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Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Product Development (#ProdDev). Agile Software Development (#ASD). Those lessons are directly transferable to the management of software development teams.

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Risk Management is How Adults Manage Projects

Herding Cats

All making things smaller dos is show that you're late, over budget, and what you're building (Technical Performance Measures) doesn't work faster. Stewart, ACTEX Publications, 2006. Software Risk Management , Barry W. Loch, Arnoud DeMeyer, and Michael Pich, Wiley, 2006. This is good, but it doesn't reduce risk.

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Deconstructing The Cone of Uncertainty

Herding Cats

Landmark’s measure of success over these three years had much more to do with customer satisfaction and market share than with meeting knowingly aggressive targets. It's suggested from observations, the Cone of Uncertainty (CoU) is not a valid model of how uncertainty behaves in software development projects. Laird and M.

2007 42
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Cone of Uncertainty - Revisited

Herding Cats

The Cone of Uncertainty,” Stephen Gryphon, Phillippe Kruchten, and Steve McConnell, Letters, IEEE Software , 23 (5) 2006, pp 8?10. Shrinking the Cone of Uncertainty with Continuous Assessment for Software Team Dynamics in Design and Development,” Pongtip Aroonvatanaporn,”Ph.D. 37–48, 2007.

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