LiquidPlanner

MAY 24, 2022

How does the reconciliation of known and emerging risks impact the project team’s estimate of the remaining contingency plan? “A Macmillan, Discovery-Driven Growth: A Breakthrough Process to Reduce Risk and Seize Opportunity, Boston MA: Harvard Business Review Press, 2009. Are there unexpected risks now emerging? McGrath and I.

Risk Management 158

Risk Management Risk 2003 2007 158

LiquidPlanner

MAY 9, 2022

LiquidPlanner can help take the guesswork out of forecasting, seamlessly processing the knock-on effects of revised estimates, resource-leveling across related dependent tasks, and mitigating the impact of uncertainty in the most efficient way possible. . About the Author.

2009 147

2009 2011 Construction Engineering 147

The IIL Blog

JULY 12, 2023

This section presents information on Data Gathering and Analysis Methods, Estimating Methods. She has received several awards, including the PMI Fellow Award in 2018 and PMI’s Distinguished Contribution Award in 2009. You can use this information by looking at the model and then tailoring it to fit your needs.

2009 148

2009 PMI 2023 2018 148

Scrum.org

MARCH 16, 2020

These new forecasting techniques are not based on estimations but historical data, thus saving time on the part of developers to focus on what they do best. When I have a Agile planning/forecasting conversation at work, I’ve fallen back more than once on the Agile planning onion proposed by Mike Cohn back in 2009.

Agile 197

Agile Underperforming Technical Team 2030 Estimate 197

MPUG

APRIL 20, 2020

Reinertsen (2009) suggests that if we are indifferent to processing times, we would sequence the features in decreasing order of value. This is known as shortest processing time (SPT) sequencing (Baker and Trietsch, 2009). Agile Estimating and Planning. The total value of the features in the product backlog is $212,000.

2009 106

2009 2005 2013 Development Team Review 106

Herding Cats

MARCH 17, 2019

Deliverables Based Planning: Providing Actional Information to the Program Manager , 11th Annual Rocky Mountain Project Management Symposium, 2009. Increasing the Probability of Success , Dallas MPUG, May 6th, 2009. How to Develop Credible Cost & Schedule Estimate. Basis of Estimate Process.

2003 54

2003 2011 2008 Performance Measurement 54

Herding Cats

OCTOBER 5, 2018

The primary purpose of software estimation is not to predict a project’s outcome; it is to determine whether a project’s targets are realistic enough to allow the project to be controlled to meet them ? The difficulty of accurate size estimation is compounded especially at the time of inception when very little information is available.

2012 48

2012 2007 2011 2010 48

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. All three pieces of information are needed.

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. Probabilistic Risk Analysis: Foundations and Methods , Tim Bedford and Roger Cooke, Cambridge University Press, 2009. Strategic Project Risk Appraisal and Management , Elaine Harris, Gower, 2009. No References?

Risk Management 43

Risk Management Risk 2003 2011 43

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

DECEMBER 28, 2017

Estimation is pretentious rationalism, where rationalism does not serve us well (extremistan)(sic) Take only risks you can survive. These estimates can not the ultimate truth since the underlying processes that create the uncertainties (aleatory and epistemic) are stochastic in nature - stationary or nonstationary. The Fallacy.

2009 40

2009 Estimate Software Developers Software Development 40

Epicflow Blog

APRIL 25, 2024

” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time. 2] The TOC contribution to Healthcare , Eli Schragenheim (2016). [3]

2016 52

2016 Monitoring Risk Management Healthcare 52

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. ISO 31000:2009, ISO 17666:2016, and ISO 11231:2010 Risk is Uncertainty that Matters. If we're going to manage as adults , we're going to have to Estimate.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Herding Cats

OCTOBER 15, 2017

When managing any project as Risk Managers as Tim Lister suggested, we need to make estimates in the presence of these uncertainties as well. IMPLEMENTATION OF NEW ACQUISITION PROCESS FOR INFORMATION TECHNOLOGY SYSTEMS. the Secretary of Defense shall develop and implement a new acquisition process for information technology systems.

Process 39

Process Agile 2011 Aerospace 39

Project Bliss

JULY 26, 2020

The estimated workloads are both the same size too. He’s worked with digital agencies since 2009 and enjoys facilitating teams, building solutions, and refining processes. .” Great Scrum Masters ensure a Sprint contains backlog items that share a common theme or goal. Two similarly size teams run the same length Sprint.

Underperforming Technical Team 156

Underperforming Technical Team SCRUM Influencer 2009 156

PM Times

APRIL 7, 2021

If the nature of relationships between various elements of a project is such that interactions between elements are non-linear and, therefore, will result in emergent behavior of the system, then it has been referred to as a “truly” complex project (Whitty & Maylor, 2009; Maylor et al., Kiridena, S. & Sense, A.,

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 10, 2019

requires making estimates) ? 5887, 2009. Estimation of Long?Term Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006. 532, August 2009. reducible and irreducible ?

Risk Management 38

Risk Management Risk Technical Review 2002 38

Project Pulse Journal

NOVEMBER 14, 2023

Regularly track expenses against this initial estimate, ensuring the project remains financially viable and up to date. Cost management explores all potential expenses, including staffing costs, software licenses, materials, etc. Then, a project manager and team should map these against the available budget. Meredith, J. & Mantel, S.

Planning 52

Planning 2017 Risk Management 2009 52

International Institute for Learning

NOVEMBER 22, 2022

In 2009, IIL sponsored a global webinar entitled “Value-Driven Project Management”, where we discussed IIL’s predictions on what the future of project management might look like. There was often highly optimistic or unrealistic estimates of benefits and value made to get the project approval accompanied by a high priority.

2001 79

2001 Governance Government 2009 79

Herding Cats

MAY 11, 2019

requires making estimates) ? 5887, 2009. Estimation of Long?Term Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006. 532, August 2009. reducible and irreducible ?

Risk Management 35

Risk Management Risk Technical Review 2002 35

Herding Cats

APRIL 16, 2019

Deliverables Based Planning: Providing Actional Information to the Program Manager - 11th Annual Rocky Mountain Project Management Symposium , 2009. Dallas MPUG , May 6th, 2009. Increasing Your Project's Probability of Success - Microsoft Project Conference , 2009, September 14-17, 2009. What is Risk?

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Herding Cats

FEBRUARY 12, 2018

ISO 31000:2009, ISO 17666:2016 and ISO 11231:2010 Risk is Uncertainty that Matters. Inefficiencies in cost and schedule estimates are usually held accountable for cost and schedule overruns, but the true root cause is often the realization of programmatic risks. Why Guessing is not Estimating and Estimating is not Guessing.

Risk 39

Risk Technical Review 2009 2010 39

Herding Cats

FEBRUARY 28, 2016

324 3 April 2009, showing not only the equations of motion for the double pendulum, but a machine that can deduce these equations by observing the double pendulum in motion. Why Guessing is not Estimating and Estimating is not Guessing. So here's the fix for these conjectures. Here’s the core problem. Related articles.

2009 39

2009 Estimate Energy Finance 39

Epicflow Blog

OCTOBER 16, 2023

” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time. 2] The TOC contribution to Healthcare , Eli Schragenheim (2016). [3]

2016 52

2016 Monitoring Risk Management Healthcare 52

Wrike

NOVEMBER 21, 2019

According to Ad Age’s 2019 Agency Report , it’s estimated that, for U.S. That’s double the percentage from 2009. . But, as the world has continued to move online, today’s marketing agencies work on a lot of digital projects. agencies from all disciplines, digital work and projects made up 53.6% of the total revenue.

2009 53

2009 PMI 2016 Web Development 53

Herding Cats

OCTOBER 27, 2016

The process of making a decision involves three elements: values, alternatives, and facts (Buede, 2009). [1]. If you've chosen to not estimate, then Tim Lister suggests we're not acting like adults when spending other people's money Herding Cats: Project Management, Performance Measures, and Statistical Decision Making.

2009 28

2009 2015 Influencer Performance Measurement 28

Herding Cats

MARCH 30, 2019

81-100, 2009. [4] Tiako, Information Science Reference, 2009. . Griffin, NASA Administrator [3] "The Art and Science of Systems Engineering," Michael Ryschkewitsch, Dawn Schaible, and Wiley Larson, Systems Research Forum , Vol. 4] One of my Masters is in Systems Management, University of Southern California. [5] 5] "What is Agile?",

Software Developers 39

Software Developers Software Development Agile Software 39

Teamweek

NOVEMBER 13, 2023

Nenad Milanovic and Lazar Vujanic founded CAKE , a suite of productivity tools, in 2009. Clockify’s summary report This allows managers to get a quick overview of employees’ work patterns, total time tracked, and the estimated revenue for any set period. You also get pre-populated project templates and project time estimates.

2023 52

2023 Software Review Monitoring 2006 52

Velociteach

SEPTEMBER 18, 2023

I started GPM as an idea back in 2009 and did so on a small side table in my bedroom, the idea that projects could be the delivery mechanism for sustainable development. Each side of the pyramid is 767 ft long, it’s as tall as a 40 story building, and it has an estimated 2.5 It’s estimated by 2050 it’ll be over 50%.

Sustainability 98

Sustainability Underperforming Technical Team Construction Certification 98

The Tao of Project Management

DECEMBER 4, 2015

As early as 2005 the Scottish Parliament shelved the project when new cost estimates revealed an increase of 30% to the original £375m budget and although the project did get going again, those early cost increases were a warning sign of what was to come. Soon after construction started in 2007, delays and cost overruns started to accumulate.

2014 35

2014 2003 2005 2007 35

Herding Cats

JANUARY 22, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). the beginning of a project, comparatively little is known about the product or work results, and so estimates are subject to large uncertainty.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

JANUARY 17, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). the beginning of a project, comparatively little is known about the product or work results, and so estimates are subject to large uncertainty.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

FEBRUARY 23, 2016

The conjecture that we can make decisions in the presence of uncertainty without estimating the impacts of those decisions is without any principles that can be tested beyond personal anecdotes of I know people who spend other peoples money without providing estimates. This list starts with the earliest posts, beginning in 2009. .

Estimate 39

Estimate Risk Management Finance Software Developers 39

Herding Cats

FEBRUARY 4, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Estimates are needed but are subject to large level of uncertainty. The BLUE bars are the probabilistic ranges of the current estimate date.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

Herding Cats

OCTOBER 16, 2018

The previous approaches to project performance management and production of the Estimate to Complete and Estimate at Completion make use of past performance. Estimating Models for Program Management," Norman Womer and Jeff Cman, Final Technical Reports, N00014-00-1-0280, Unversity of Mississippi, 2003.

Aerospace 41

Aerospace Engineering 2012 2014 41

Paymo App

FEBRUARY 8, 2018

Improve time estimates: You can use p reviously tracked time entries as the main indicator for your future projects. Through them, you’ll make better estimates for following tasks and set more accurate deadlines for similar projects. It’s even better if these two features are part of the same native app to avoid data clutter.

2018 75

2018 Software Review Software Technical Review 75