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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. Now To Risk Management.

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In-Depth: Stable Or Fluid Teams? What Does The Science Say?

Scrum.org

Bushe and Chu (2011) identify seven situations that drive the use of fluid teaming in those environments: High turnover among employees, leading to changes in teams. Edmondson (2012) argues that dynamic teaming is important to share and encourage learning. This is also what inspired Edmondson (2012) in her academic work on “teaming”.

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A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Five Principles of Project Success , PMI, Northern Utah Chapter, Professional Development Day, 2012. Improving DOE Project Performance Using DOD Integrated Master Plan , Waste Management Symposium Feb 26 - Mar 1, 2012. Establishing the Performance Measurement Baseline (PMB) , AACE Workshop, Denver, Colorado, April 16, 2011.

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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. Software Development Effort Estimation using Fuzzy Bayesian Belief Network with COCOMO II,” B.

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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.

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Reading List for the Cone of Uncertainty

Herding Cats

The primary purpose of software estimation is not to predict a project’s outcome; it is to determine whether a project’s targets are realistic enough to allow the project to be controlled to meet them ? A Probabilistic Method for Predicting Software Code Growth," Michael Ross, Journal of Cost Analysis and Parametrics 4:127-147, 2011. "10

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Risk Management Resources

Herding Cats

IEEE Transactions on Software Engineering , Vol. 5, September/October 2011. Project risk management: lessons learned from software development environment,” Young Hoon Kwak and Jim Stoddard,” Technovation , 24(11), pp. Claude Bocquet, Reliability Engineering and System Safety , 2012. 3, March 2002. 255, April 2010.