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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) ? Deliberate Ignorance in Project Risk Management,” Elmar Kutsch and Mark Hall, International Journal of Project Management , Volume 28, Issue 3, pp.

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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) ? 255, April 2010. 24, 2010. “A

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Saving ?osts in a Long-Term Perspective: How a Resource Management Solution Will Help You Gain More in the Long Run

Epicflow Blog

What causes excessive expenses in project management? Too optimistic budget estimates Or course, you can hardly make accurate estimates before a project kicks off – there’s too much uncertainty regarding its further implementation. Cost Cutting: Importance of Strategy, Risks Posed. References Kenton, Will.

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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

WS-05: Coming Late to the Party - Getting to GREEN on the Fly - Using the structure of a Greek play - the setting, the protagonist, the imbalance, the balance, and the solution, show how to increase the probability of program success.PMI CPM, Professional Education Program, June 2010. .