article thumbnail

Let’s Rewrite the PMBOK

Leading Answers

Meanwhile, we would like people with knowledge of the full value delivery spectrum (waterfall, hybrid, agile, lean, etc.) Longtime readers may recall my 2010 post Raise A Little Hell when the PMBOK v5 Update was being commissioned. That’s all I can explain for now, but more details will be announced when I can say more. to participate.

2010 97
article thumbnail

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.

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. Risk Management is essential for development and production programs.

article thumbnail

Basis of Estimating Software Development

Herding Cats

Software Sizing, Estimation, and Risk Management: When Performance is Measured Performance Improves , Daniel Galaorath and Michael Evans , Auerbach, 2006. Practices for Scaling Lean & Agile Development: Large, Multisite, and Offshore Product Development with Large-Scale Scrum , Craig Larman and Bas Vodde, Addison Wesley, 2010.

article thumbnail

Mastering the (new) Agile Coaching Mindset for the 4th Industrial Revolution (4IR)

International Institute for Learning

Organizations will rely on data analytics to provide business insights for delivering new products/solutions and optimized offerings/services, determining root causes of failures, issues, and defects in near-real time, recalculating entire risk portfolios in minutes, and detecting fraudulent behavior before it affects your organization.

article thumbnail

In-Depth: What a Social Systems Perspective Teaches us About Change

Scrum.org

In the following century, it would give rise to modern-day practices like lean manufacturing, Six Sigma, and Gantt-charts. Examples of this are individual reward systems, the use of force (change or risk getting fired), and “management by objectives” (Drucker, 1954). The most significant criticism of scientific management? Knoke (Eds.),

2012 155
article thumbnail

Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

The risk is created when we have not accounted for this natural variances in our management plan for the project. Dealing with Aleatory (irreducible) uncertainty and the resulting risk requires we have margin. An aleatory risk is expressed as a relation to a value. One starting point is the value at risk.

2003 46