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Risk Management Resources

Herding Cats

requires making estimates) ? This blog page is dedicated to the resources used to assess risks, their impacts, and handling strategies for software-intensive systems using traditional and agile development methods. “A IEEE Transactions on Software Engineering , Vol. Estimation of Long?Term 255, April 2010.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. requires making estimates) ? Estimation of Long?Term

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Resources for Cone of Uncertainty

Herding Cats

Seems there is still some confusion (intentional or accidental) about the Cone of Uncertainty and its purpose and its use in software development. 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. This letter states.

2007 34
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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
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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Making changes late in the development cycle has significant impacts on the verification and validation of the system no matter the software development method. . A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. Dissertation, University of Maryland, 2007.

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In-Depth: How Easily Biases Distort What We Believe (In The Workplace)

Scrum.org

People often fail to understand this fallacy because they underestimate how much of their behavior and their outcomes are influenced by randomness (Taleb, 2007). When teams estimate work, hearing an initial estimate is likely to “anchor” further estimates. How to reduce this bias. Examples in the workplace. Survival bias.

2015 219
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Software Estimating Resources

Herding Cats

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. Cost Modeling Agile Software Development,” Maarit Laanti and Petri Kettunen, International Transactions on Systems and Applications, Volume 1 Number 2, pp.