Remove 2008 Remove Estimate Remove Project Cost Remove Software
article thumbnail

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. requires making estimates) ? Management of Novel Projects Under Conditions of High Uncertainty,” A. “A IEEE Transactions on Software Engineering , Vol. 3, March 2002.

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. Turns out in the real world there is no such project. All estimates have precision and accuracy. First, let's establish a principle.

2003 46
Insiders

Sign Up for our Newsletter

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

article thumbnail

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) ? 5, September/October 2011.

article thumbnail

Black Swans

Herding Cats

One of the books used by a vocal No Estimates advocate is Black Swans by Nassim Taleb. This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development. What struck me was how disconnected Taleb is from the profession of project management.

2002 34
article thumbnail

Black Swans

Herding Cats

One of the books used by a vocal No Estimates advocate is Black Swans by Nassim Taleb. This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development. What struck me was how disconnected Taleb is from the profession of project management.

2002 28
article thumbnail

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Microeconomics is applicable to the development is software systems. If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Software engineering economics." Macroeconomics is not. .

article thumbnail

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.