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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. Turns out in the real world there is no such project. All estimates have precision and accuracy. Accuracy - how close is the estimate to the actual value?

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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. requires making estimates) ? 5887, 2009. Evaluation of the Risk Analysis and Cost Management (RACM) Model,” Matthew S. Estimation of Long?Term Loewenstein, Elke U.

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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. requires making estimates) ? 5887, 2009. Estimation of Long?Term

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Episode 185 – Redefining Project Success through Sustainable Project Management

Velociteach

So we don’t just make a profit, we try to funnel that back into the projects and for social good. 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. The Scope of this project was massive. And as for cost!

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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. Performance Evaluation of non?Markovian

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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

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. A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. The management of risk means good project management.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Deliverables Based Planning: Providing Actional Information to the Program Manager - 11th Annual Rocky Mountain Project Management Symposium , 2009. Measuring the performance of deliverables, at the planned delivery date, for the planned cost is the best measure of progress to plan. Dallas MPUG , May 6th, 2009.