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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. All project work has uncertainty. Uncertainty comes from the lack of precision and accuracy about the possible values of a measurement of a project attribute.

2003 46
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A Short History of Project Management

MPUG

No discussion of project management would be complete without mentioning his contributions, as he applied the knowledge he learned during World War I building Navy ships by diagramming the processes with bars and milestones (see Figure 1.1). I first learned about the Agile model around 2003. Boy, I was wrong!

PMI 81
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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., 105, 2003. “A

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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2nd Edition, Edmund Conrow, AIAA, 2003.

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The Problems with Schedules

Herding Cats

All that line says is this was the baseline estimate at Completion for the project work. Then the chart shows that many projects cost more or take long (costing more) in the sample population of projects. . The answers should be YES to these Five Immutable Principles of Project Success. Just the estimate.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Business, Technical, Systems, Risk, and Project Management. Management Processes. Planning and Scheduling (#PS).

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Software Estimating Resources

Herding Cats

So start here to build your academic foundation, that can be put to work to build a foundation of validated experience of making estimates in the presence of uncertainty and protect yourself from fallacious claims that estimates are a waste, not needed, and produce bad resulting in the decision making process for those paying you to produce value.