Scrum.org

AUGUST 17, 2020

When teams estimate work, hearing an initial estimate is likely to “anchor” further estimates. So when people are asked how much time something will take, and they are offered an initial estimate of 20 days, their own estimates will gravitate towards that number. . Examples in the workplace. Oxford: Oxford Univ.

2015 219

2015 2014 2004 Influencer 219

Herding Cats

MARCH 17, 2019

Product & Process Development Kaizen , LPPDE, Denver, Colorado, April 21-23, 2008. Five Easy Pieces: The Essentials of Managing Programmatic Risk , 10th Annual Rocky Mountain Project Management Symposium, Denver Colorado, April 2008. How to Develop Credible Cost & Schedule Estimate. Basis of Estimate Process.

2003 54

2003 2011 2008 Performance Measurement 54

Planio

MAY 22, 2023

Estimate the work and plan the release dates 6. For example, when Airbnb launched in 2008, its product vision might have been: “In 5 years, Airbnb will be the more affordable and enjoyable way to plan a trip.” How to estimate the work required for a release: Estimating is often just informed guessing.

Planning 78

Planning Agile Software Review Estimate 78

Rebel’s Guide to PM

FEBRUARY 1, 2017

In order to estimate costs well, you first need to estimate the amount of work you need to put into each activity you have planned. Not only that: you need to estimate who will do the work. Step 3: Estimate Labour Costs. Once that is taken care of, it is time to estimate the hourly rate. This is a core point.

Budget 150

Budget Planning 2008 Estimate 150

Epicflow Blog

JUNE 10, 2022

missing important milestones, unavailability of a critical employee), Estimating (e.g., unrealistic or inaccurate estimates), Communicating (miscommunication between the project participants). [1]. Risk analysis involves estimating the probability of risk occurrence and the impact of the defined risks. Step 3: Analyzing risks.

Aerospace 98

Aerospace Risk Management Engineering Risk 98

Function Point

JULY 5, 2018

A powerful project management tool like Function Point allows you to take analytics from past projects to visualize where scope creep occurred, help make smarter estimates and tighter budgets, and ultimately fend off potential project scope creep. It’s Time to Ditch the Spreadsheets.

2008 112

2008 Budget Innovation Estimate 112

Scrum.org

SEPTEMBER 11, 2020

I've been using Kanban as a scaling mechanism on top of Scrum since around 2008 or so and it has been the approach I reach out to most often. Throughput for each team can be used to help create realistic plans without too much time spent on detailed estimations - freeing up time to focus on the integration challenges.

SCRUM 201

SCRUM 2008 2013 Software Review 201

Herding Cats

APRIL 13, 2018

Estimation locks down choices early through upfront t decision making, #NoEstimates preserves options. 72, 2nd Quarter, 2008, pp. Olagbemiro, Dissertation, Naval Postgraduate School, December 2008. "A Why Guessing is not Estimating and Estimating is not Guessing. And attached the hashtag #RealOption.

2008 32

2008 2002 Estimate Software Engineering 32

Herding Cats

APRIL 16, 2018

Adapting plans and estimates to changing customer needs and maximizing value at an affordable cost are the planning imperative for agile projects - paraphrased from "Timeline, Getting and Keeping Control Over Your Project," Malotaux, Annual Pacific Northwest Software Conference , Portland, OR, 2008 in Project Management the Agile Way: Making it Work (..)

2008 32

2008 Estimate Agile Controlling 32

Paymo App

JANUARY 16, 2018

Some of our earliest users might still remember that Paymo initially started out as a free tool back in 2008, mainly used by the freelance community to track time. The gig economy in the US is now estimated to be about 34% of the workforce and expected to be 43% by the year 2020. This is quite a change and an incredible opportunity.

2027 43

2027 2008 2018 2020 43

Herding Cats

JANUARY 8, 2018

1] Apollo Root Cause Analysis: Effective Solutions to Everyday Problems Every Time, 3rd Edition, Dean Gano, Atlas Books, 2008. [2] Herding Cats: Principles of Cost and Schedule Estimating. Why Guessing is not Estimating and Estimating is not Guessing. Center for Strategic and International Studies, April 2011.

2008 34

2008 2011 Manufacturing Estimate 34

Susanne Madsen

MAY 23, 2018

Just consider the most important techniques we use as project managers: we define scope, analyse requirements, plan and estimate work, add contingency, manage risks, track changes and check the quality. At the time of opening in March 2008, only 85% of project deliverables had been completed. It’s a way to control the unknown.

Construction 86

Construction 2002 2008 Engineering 86

Herding Cats

JUNE 25, 2016

There's another rash of Twitter posters supporting the conjecture that decisions can be made about how to spend other people's money without estimating the impact and outcome of that decision. Theory of Decision under Uncertainty, Itzhak Gilboa, July 2008. This is a core premise of #NoEstimates from the Original Poster.

2008 44

2008 Finance Estimate Software Developers 44

Resource Guru

FEBRUARY 7, 2024

Founded: 2008 Customer ratings: G2 4.2/5 They could use better estimating functionality for project scoping but I believe they are currently updating.” .” – Marek T. 5 , Capterra 4.2/5 One customer, Jake D., shares his views on G2 , saying “some of the UI is difficult to navigate.

Software Review 52

Software Review 2005 2008 2011 52

Herding Cats

SEPTEMBER 25, 2018

Of course, all three of these are operating in the presence of uncertainty and therefore require estimates to be made. Estimates of the aleatory and epistemic uncertainties that create risk to the delivered Value need to be handled. Keeney, Militarty Operations Research , Volume 13, Number 2, 2008, pp. Sjacter and Mark A.

2009 34

2009 Artificial Inteligence 2013 2005 34

Herding Cats

APRIL 4, 2019

But when some statement is made about risk, estimating, performance modeling, or the like - always ask for references. Risk Analysis – A Quantitative Guide , Third Edition, David Vose, John Wiley & Sons April 2008. Risk Analysis: A Quantitative Guide , David Vose, John Wiley & Sons 2008. No References?

Risk Management 43

Risk Management Risk 2003 2011 43

Redbooth

MAY 8, 2018

Smart Redbooth can now predict the appropriate resources to assign to a task and estimate the approximate date on which tasks should be completed. Founded in 2008, the company is privately held and headquartered in Palo Alto, California. ###. Media and Analyst Contact: Patrick Corman. Corman Communications, LLC. +1 1 (650) 326-9648.

Artificial Inteligence 60

Artificial Inteligence 2008 2018 Estimate 60

Leading Answers

AUGUST 29, 2020

Eric Ries documented his lean startup methodology in 2008 as a way for organizations to adapt and experiment with new ideas and perform market tests. With all the planning, estimation, risk management, and earned value tracking, there was a fair amount of math and admin involved.

Technical Review 78

Technical Review Energy Infrastructure Software Review 78

Herding Cats

MAY 10, 2019

requires making estimates) ? 79, 2008. “`,” Stephen Ward and Chris Chapman , International Journal of Project Management , 21, pp. Estimation of Long?Term ius, KSI Transactions on Knowledge Society, Volume 1, Number 3, 2008. Making these decisions in the presence Uncertainty ? reducible and irreducible ? 1994): 707-712.

Risk Management 38

Risk Management Risk Technical Review 2002 38

Herding Cats

DECEMBER 8, 2017

This can be the confidence in the estimate for any variable. But is can be ANY variance for the program, including confidence in the estimates of future performance - cost, schedule, or technical performance. This usually results in a project's actual costs far outrunning the optimistic estimates and creating a large overrun.

Performance Measurement 35

Performance Measurement Technical Review 2017 2008 35

Herding Cats

OCTOBER 15, 2017

VanderLeest GLSEC 2008. "A When managing any project as Risk Managers as Tim Lister suggested, we need to make estimates in the presence of these uncertainties as well. "Continuous Integration: Verification and Validation in an Agile Environment FAA Verification and Validation Summit 2014," Nick Bartlow, Ph.D. Coe and Jeffrey H.

Process 39

Process Agile 2011 Aerospace 39

PM Times

APRIL 7, 2021

Not only were they able to evaluate complexity, but they also used the data to estimate resources and project duration in a matter of minutes. For experienced and mature department heads and their reliance on internal knowledge and past experiences, they will be able to formulate an overall resource plan along with a ballpark cost estimate.

2016 52

2016 2014 PMO Software Review 52

Herding Cats

MARCH 11, 2017

What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . If your project has no uncertainty, there is no need to estimate. All estimates have precision and accuracy. Deciding how much precision and accuracy is needed for a credible estimate is critical to the success of that decision.

2003 46

2003 2014 2015 2011 46

Herding Cats

MAY 11, 2019

requires making estimates) ? 79, 2008. “`,” Stephen Ward and Chris Chapman , International Journal of Project Management , 21, pp. Estimation of Long?Term ius, KSI Transactions on Knowledge Society, Volume 1, Number 3, 2008. Making these decisions in the presence Uncertainty ? reducible and irreducible ? 1994): 707-712.

Risk Management 35

Risk Management Risk Technical Review 2002 35

Herding Cats

DECEMBER 3, 2017

Some feel that the cone does not provide any value for the work they do and does not match the reducing uncertainty in their estimates. First, the Cone of Uncertainty is a Principle used to define the needed reduction in the variances of estimates on Programs. Remember Risk Management is How Adults Manage Projects - Tim Lister.

2007 34

2007 2012 2009 2010 34

Herding Cats

JULY 24, 2017

The paper on the Cone of Uncertainty is used by many in the No Estimates community as an example of why estimates are of little use. In this paper, there is data that does not follow the Cone of Uncertainty, in that the uncertainty of the estimates does not reduce as the project proceeds. Then there is some analysis.

2007 42

2007 2012 2006 2008 42

Herding Cats

MARCH 11, 2018

When we hear about software development disasters and then hear that estimates are to blame, and NOT Estimating will somehow reduce or prevent these disasters, think again. Each of the categories operates in the presence of uncertainty and requires that estimates be made about the probability, conseqeunce of the resutling risk.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Herding Cats

JULY 8, 2018

One of the books used by a vocal No Estimates advocate is Black Swans by Nassim Taleb. Here's a book review from 2008, about Black Swans and Fooled By Randomness in the context of managing software development in the presence of uncertainty. The No Estimates advocates have a similar set of behaviors.).

2002 34

2002 2008 Technical Review Software Review 34

Herding Cats

APRIL 16, 2019

Establishing the Performance Measurement Baseline - Here are the 4 core processes for developing the performance measurements baseline PMI 5th College of Scheduling Conference , 2008. The starting point is understanding what processes make up the discipline of estimating. Risk Management is Project Management for Adults - Tim Lister.

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Herding Cats

NOVEMBER 13, 2016

This approach makes it look like the voter turnout is dramatically different between 2008 and 2016. In this case, as well the Ideal has no basis in fact since both the estimate and the actual are random variances subject to the uncertainties of project management - aleatory and epistemic uncertainties. Which it is as a percentage.

2008 28

2008 2016 Estimate Process 28

Herding Cats

OCTOBER 20, 2017

Then we have to Estimate what these measures need to be so the third variable of Little's Law can be Calculated. It has been suggested that with Little's Law No Estimates (#NoEstimates) can be applied. So estimates are needed to produce numbers for this demand, rather than measuring the demand. This is simply not true. .

Underperforming Technical Team 34

Underperforming Technical Team 2008 Software Developers Software Development 34

Herding Cats

JULY 8, 2018

One of the books used by a vocal No Estimates advocate is Black Swans by Nassim Taleb. Here's a book review from 2008, about Black Swans and Fooled By Randomness in the context of managing software development in the presence of uncertainty. The No Estimates advocates have a similar set of behaviors.).

2002 28

2002 2008 Technical Review Software Review 28

Herding Cats

SEPTEMBER 19, 2018

Estimation is part of project management. . The most important estimates for the project manager are related to time and cost. . Since it is easier to estimate small tasks, these estimates are often calculated and performed as point estimates, for example, a task will take 3 days. My proposal is don't estimate.

Technical Review 43

Technical Review 2010 Estimate Software Review 43

Workamajig

JUNE 7, 2018

Project management risks: Issues in planning, scheduling, estimating, and project communication. In a series of papers on the 2008 financial crisis , McKinsey reached two surprising conclusions: That countless people at several banks saw the financial crisis coming. Don't ignore non-quantifiable risks.

Risk Management 90

Risk Management Risk 2008 Budget 90

Teamweek

JANUARY 24, 2020

In 2018, the International Workplace Group estimated that 70% of people worldwide work from home at least part of the week. . A 2008 Sun Microsystems study found that energy consumption in home offices was half that of traditional offices. Today, 50% of workers in the US have telework-compatible jobs.

Governance 59

Governance Government 2001 2008 59

Herding Cats

NOVEMBER 5, 2018

In a previous post, Why Johnny Can't Estimate , mentioned some resources for estimating, the principles of business and technical management that demand estimates be made to make decisions, and background on the sources of uncertainty, that create risk, that require estimating to increase the probability of project success.

Software Review 34

Software Review Technical Review Estimate Software Developers 34

Scrum.org

FEBRUARY 22, 2021

It could handle the tactical or strategic nature of the suggestion, a possible time-frame, or an estimate of the expected return on investment. Do you remember the origins of the financial crisis from 2008? Ignoring customer support : The customer support organization is not adequately included in the hypotheses creation process.

Software Review 143

Software Review Technical Review Cadence SCRUM 143