Remove 2010 Remove Project Cost Remove Risk Remove Software Development
article thumbnail

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Take for example the deployment of an ERP system, the installation, and startup of a process control system, the release of a suite of embedded software controllers for a car, aircraft, petrochemical plant. A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project.

article thumbnail

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A

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. reducible and irreducible ?

article thumbnail

Software Estimating Resources

Herding Cats

Effort Distribution to Estimate Cost in Small to Medium Software Development Project with Use Case Points,” Putu Linda Primandari and Sholiq, The Third Information Systems International Conference, Procedia Computer Science, 72, pp. Monte Carlo Schedule Risk Analysis,” Intaver Institute, Inc. 61, September 2004.

article thumbnail

Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

The naturally occurring work effort in the development of a software feature - even if we've built the feature before - is an irreducible uncertainty. The risk is created when we have not accounted for this natural variances in our management plan for the project. An aleatory risk is expressed as a relation to a value.

2003 46
article thumbnail

Estimating is a Learned Skill

Herding Cats

“Believing is Seeing: Confirmation Bias Studies in Software Engineering, “Magne Jørgensen and Efi Papatheocharous, 41st Euromicro Conference on Software Engineering and Advanced Applications (SEAA). The Use of Precision of Software Development Effort Estimates to Communicate Uncertainty,” Magne Jørgensen, Software Quality Days.

article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Agile Software Development (#ASD). Journal Papers, White Papers, and Essays on Project Success (#Papers).