article thumbnail

Why Identifying as a Project Business is Critical For Success

The Lazy Project Manager

Project Businesses need to govern their business activities in the same way traditional industries have. Prior to founding ADEACA, Daniel was a principal architect of Axapta at Damgaard Data, which was acquired by Microsoft in 2002 for $1.6B Lehmann would acknowledge and support through his Project Business Foundation [link].

Retail 344
article thumbnail

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Governance. Agile Software Development for Government Software Intensive System of Systems (SISoS) , Boulder Agile Meetup, 27 July 2016. How to Develop Credible Cost & Schedule Estimate. Estimating and Reporting Physical Percent Complete on Agile Projects , DHS Cost Analysis Stakeholder Working Group, June 26, 2017.

2003 54
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When projects go wrong and it's the worst possible moment

Susanne Madsen

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. When the bridge was reopened in 2002 it had cost an additional £5million ponds. It’s a way to control the unknown.

article thumbnail

Reading List for the Cone of Uncertainty

Herding Cats

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
article thumbnail

Black Swans

Herding Cats

One of the books used by a vocal No Estimates advocate is Black Swans by Nassim Taleb. The concepts of Taleb and its application to project management is shared by some in the project management community (and now in the No Estimates community). The No Estimates advocates have a similar set of behaviors.). Pich, Christoph H.

2002 34
article thumbnail

Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

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
article thumbnail

Risk Management Resources

Herding Cats

requires making estimates) ? 3, March 2002. 11 November 2002. 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. reducible and irreducible ?