ProjectManager.com

SEPTEMBER 26, 2019

The best a project manager can do is develop an accurate time estimate for how long it will take to satisfactorily complete the project. Time Estimation Matters. A 2018 study by the Project Management Institute (PMI), in its Pulse of the Profession report, stated that poor time estimating is the root cause for 25 percent of failed projects. Looking into the future to determine how much time it will take complete project tasks allows for an estimation.

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Herding Cats

MAY 7, 2019

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. The reason for this resource page is the lack of understanding of how to estimate, the urban myths about software estimating, and the fallacies that estimating is not needed, when developing software, in the presence of uncertainty, when spending other peoples money. Estimating Probable System Cost,” Stephen A. 3, July 2011.

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Herding Cats

NOVEMBER 7, 2016

Estimating is a learned skill, used for any purpose from every-day life to management of projects. When I left for the airport this morning to catch my flight to a customer site I estimated, given the conditions, how much time I need to get to my favorite parking spot at DIA. The same process for estimating is applied to multi-billion dollar projects we work. Here's some materials that provide the tools and processes needed to learn how to estimate. 2011).

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Herding Cats

DECEMBER 16, 2017

The estimating of software development is both straightforward and complex. When it is suggested that estimating is hard, of no value, and unnecessary, always ask what principle is used to support that claim? Here are some resources that will provide guidance to produce credible software development estimates, in both traditional and agile domains. Software Sizing and Estimating: Mk II FPA , Charles Symons, John Wiley & Sons, 1991.

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Herding Cats

MARCH 17, 2019

Establishing the Performance Measurement Baseline (PMB) , AACE Workshop, Denver, Colorado, April 16, 2011. Establishing the Performance Measurement Baseline , AACE Workshop , April 16, 2011. Earned Value + Agile = Success , National Defense Industry Association (NDIA) Conference, 4-6 April 2011, Baltimore, MD. How to Develop Credible Cost & Schedule Estimate. How Should We Estimate Agile Software Development Projects and What Data Do We Need ?,

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Herding Cats

OCTOBER 5, 2018

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 ? The beginning of all business critical software development projects is the point in time when performing organizations are least certain about the project, yet it is also the time when top management expects to be delivered project estimates that are very precise. 1, January 2011.

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Herding Cats

APRIL 16, 2019

PMI EVM Community of Practice, EVM World , May 16-18 2011. Establishing the Performance Measurement Baseline - The PMB is the time-phased schedule for all the work to be performed, the budgeted cost for this work, and the organizational elements that produce the deliverables for this work, AACE Workshop , April 16, 2011. The starting point is understanding what processes make up the discipline of estimating.

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Herding Cats

DECEMBER 26, 2017

In all cases, the assessment of these uncertainties and their impacts on the decision-makers ability to make a risk-informed decision requires estimates to be made. . No risk-informed decision can be made in the presence of uncertainty without estimating. No matter how many times, #NoEstimates claim this can be done, it is simply not possible in any principle-based sense to make a credible decision in the presence of uncertainty without estimating. [1]

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Herding Cats

MARCH 11, 2017

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. The notion (as suggested in the quote) of shifting from accurate (what ever that means) ways of estimating to reliability shipping be a date is not physically possible since the irreducible and reducible uncertainties are always present. All estimates have precision and accuracy. 2011. “ November 2011.

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Herding Cats

MARCH 11, 2018

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. Each of the categories operates in the presence of uncertainty and requires that estimates be made about the probability, conseqeunce of the resutling risk. Managing in the presence of uncertainty requires we make estimates and act accordingly to the results of these estimates.

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Herding Cats

JUNE 9, 2018

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. 9, January 2011. [6] Decision Making Economics Estimating Governance Management Mathematics Performance-Based Project Management® Planning Principles Product Management Project Management Scheduling Technical Performance Measures

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Herding Cats

OCTOBER 15, 2017

Agile Development of Safety-Critical Software , Matti Vuori, Tampre University of Technology, 2011. When managing any project as Risk Managers as Tim Lister suggested, we need to make estimates in the presence of these uncertainties as well. NoEstimates Agile Estimating RiskA popular toss off aphrase in some agile circles is process reduces agility. This is course is stated in the absence of any domain or context.

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Herding Cats

JUNE 9, 2018

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. 9, January 2011. [6] Decision Making Economics Estimating Governance Management Mathematics Performance-Based Project Management® Planning Principles Product Management Project Management Scheduling Technical Performance Measures

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ProjectManager.com

FEBRUARY 7, 2019

Bridges also is a highly influential YouTube personality who has created hundreds of videos on project management and leadership which have earned well over 10 million views since 2011. Project management is an increasingly diverse field. Individuals across industries, and with varying levels of experience, are providing a substantial impact to its growth and continued evolution.

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Herding Cats

MAY 27, 2018

Making decisions in the presence of uncertainty requires estimating the outcomes of those decisions. Any conjecture claiming decision can be made in the presence of uncertainty without estimates is a fallacy. Project Risk Management Processes: Improving Coordination using a Clustering Approach,” Research in Engineering Design, Springer, 2011, pp. Editors, Springer, 2011. Why Guessing is not Estimating and Estimating is not Guessing.

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Kiron Bondale

DECEMBER 11, 2016

Let’s consider a team’s degree of confidence in its estimates. A project funding policy might require that team submitting detailed estimates should have a confidence of ±5% but what does that really mean? However this should not deter organizations from establishing a minimum set of qualifications to prevent this scenario from a 2011 Dilbert comic. We often joke that the only correct answer to a project management question is “ It depends!

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Herding Cats

MAY 27, 2018

Making decisions in the presence of uncertainty requires estimating the outcomes of those decisions. Any conjecture claiming decision can be made in the presence of uncertainty without estimates is a fallacy. Project Risk Management Processes: Improving Coordination using a Clustering Approach,” Research in Engineering Design, Springer, 2011, pp. Editors, Springer, 2011. Why Guessing is not Estimating and Estimating is not Guessing.

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Ron Rosenhead

SEPTEMBER 17, 2015

It is called “Initiating successful projects” and was first published in December 2011. Scope is not clear and while initial capital costs are identified (often with over optimistic estimates) post project running costs are frequently ignored. I came across an interesting report published by the National Audit Office (NAO) – which exists to provide independent opinion and evidence to assist Parliament and hold government to account.

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nTask

DECEMBER 31, 2020

The application was launched in 2011 and is a sweetheart of Kanban lovers all across the organizational paradigm. Cost estimating.

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Herding Cats

JANUARY 8, 2018

Center for Strategic and International Studies, April 2011. Herding Cats: Principles of Cost and Schedule Estimating. Why Guessing is not Estimating and Estimating is not Guessing. When gaps in performance, benefits shortfalls, unanticipated cost, schedule, and performance variances, faulty products, or any undesirable outcome, blame the process, not people. Root Cause Analysis is the means to fix the cause, rather than treat the symptom. [1][2]. 1][2].

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ProjectManager.com

JUNE 27, 2019

Together, they estimate what it will take to complete the items on the list. It was first officially noted in the 2011 Scrum Guide. The secret to scrum is simplicity, even in the face of complexity. And although scrum is simple at heart, it can be difficult to master. Scrum requires self-organizing teams that can quickly solve problems in unpredictable environments.

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Girl's Guide to PM

APRIL 12, 2017

Software review: TeamworkPM [2011] General information Name: TeamworkPM Vendor: Digital Crew Application Developers Hosting options: Web hosted version only Cost and plans: 30 day free trial. Software review: Simplestimate [2016] Find out more about how to make estimating simple with this software review of Simplestimate. General Information. Name: Roadmap Planner. Vendor: KeepSolid Inc. Hosting options: iOS and macOS downloads (no Windows option yet).

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Girl's Guide to PM

APRIL 12, 2017

Software review: TeamworkPM [2011] General information Name: TeamworkPM Vendor: Digital Crew Application Developers Hosting options: Web hosted version only Cost and plans: 30 day free trial. Software review: Simplestimate [2016] Find out more about how to make estimating simple with this software review of Simplestimate. General Information. Name: Roadmap Planner. Vendor: KeepSolid Inc. Hosting options: iOS and macOS downloads (no Windows option yet).

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Girl's Guide to PM

APRIL 27, 2016

Software review: Simplestimate [2016] Find out more about how to make estimating simple with this software review of Simplestimate. Software review: RationalPlan [2011] General information Name: RationalPlan Vendor: Stand by Soft Ltd Hosting options: Locally hosted. General information. I last reviewed ProjectManager.com in 2013. Time to revisit the software and see what has changed. Name: ProjectManager.com. Vendor: ProjectManager.com. Hosting options: Online.

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Epicflow Blog

MAY 14, 2019

Victorine Ghobeira , a Senior Business Analyst and Project Manager at Dataquest, says that “preventing a lack of resource starts when defining and estimating activities and leads to creating a realistic schedule. Which will lead to setup of a detailed grid of the resources available and needed throughout the project and use it as a great tool against which you can estimate, compare and prevent lack of resources with the situation at hand.”.

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Herding Cats

MAY 10, 2019

requires making estimates) ? 5, September/October 2011. 1, 2011. A Simulation-Based Risk Network Model for Decision Support in Project Risk Management,” Chao Fang and Franck Marle, in Decision Support Systems , Elsevier, 2011. A Simulation-Based Risk Network Model for Decision Support in Project Risk Management,” Chao Fang and Franck Marle, Decision Support Systems , Elsevier, 2011. “A Estimation of Long?Term 5, September/October 2011. “A

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Herding Cats

MAY 11, 2019

requires making estimates) ? 5, September/October 2011. 1, 2011. A Simulation-Based Risk Network Model for Decision Support in Project Risk Management,” Chao Fang and Franck Marle, in Decision Support Systems , Elsevier, 2011. A Simulation-Based Risk Network Model for Decision Support in Project Risk Management,” Chao Fang and Franck Marle, Decision Support Systems , Elsevier, 2011. “A Estimation of Long?Term 5, September/October 2011. “A

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Scrum.org

AUGUST 17, 2020

Ross & Nisbett (2011) offer an extensive overview of research in this area. . When teams estimate work, hearing an initial estimate is likely to “anchor” further estimates. 2011). In this series of ‘In-depth’-posts, we take time to consider the bigger picture.

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Function Point

DECEMBER 12, 2016

Editor’s Note: This post was originally published in November 2011 and has been updated for accuracy and comprehensiveness. On top of this, they may also be involved in estimating agency time, pricing agency services, and working with freelancers, outside producers and vendors. This role helps account executives estimate and price the work they are trying to sell as well as help the agency find the best deals and practices on externals cost.

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Function Point

DECEMBER 12, 2016

Editor’s Note: This post was originally published in November 2011 and has been updated for accuracy and comprehensiveness. On top of this, they may also be involved in estimating agency time, pricing agency services, and working with freelancers, outside producers and vendors. This role helps account executives estimate and price the work they are trying to sell as well as help the agency find the best deals and practices on externals cost.

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Scrum.org

FEBRUARY 22, 2021

2) In Chapter 2—“The Meaning of Labor”—of his book “ The Upside of Irrationality ,” Dan Ariely describes an experiment dubbed the ‘Building of Bionicles’ (Paperback edition 2011, pages 66 to 77) where Harvard University students were paid to assemble Lego figures.

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Herding Cats

OCTOBER 20, 2017

Then we have to Estimate what these measures need to be so the third variable of Little's Law can be Calculated. It has been suggested that with Little's Law No Estimates (#NoEstimates) can be applied. So estimates are needed to produce numbers for this demand, rather than measuring the demand. Estimating Average Production INtervals Using Inventory Measurements: Little's Law for Partially Observable Processes," Ardavan Nozari and Ward Whitt, Operations Research , Vol.

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Teamweek

MAY 21, 2020

Trello started in 2011 as a tool for software development teams. Toggl Plan (previously Teamweek) started in 2011 as an in-house project for Toggl — a time tracking tool. Team members can also add a daily estimate in hours for each task. Looking at these granular estimates helps ensure that team members are not overwhelmed or underworked, and projects are adequately staffed. Trello and Asana are two popular project management tools.

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Online PM Courses

JULY 2, 2018

That’s Figure 6, which tracks five project performance metrics annually, from 2011 to 2018. I have extracted estimates of the data by reading from that chart, for the two highest level metrics ( ‘Met original goals/business intent’ and ‘Deemed failures’ ). The PMI has titled its 2018 Pulse of the Profession report: Success in Disruptive Times. As with previous reports, Success in Disruptive Times is filled with fascinating data and valuable insights.

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Scrum.org

AUGUST 13, 2019

If only we would create more accurate estimates…. In hindsight, I already started writing the paper “ The 8 Stances of a Scrum Master ” around 2011–2014, although it was published via Scrum.org years later. Let’s start with a word of warning. This can be considered as a long article. To help you out, I divided the article into two parts. The first part contains my personal journey in becoming a Scrum Master, the second part includes recommendations for new Scrum Masters.

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Workzone

MAY 1, 2020

Proofhub is a project planning software tool launched in 2011. It can help provide cross-department insights to determine risk, scope, size, and estimates of larger, company-wide projects. There are no shortage of Mavenlink alternatives. Popular amoung enterprise teams, Mavenlink finds uses across professional service businesses such as marketing, advertising, public relations, architecture, engineering, IT services, management consulting, and education.

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Herding Cats

OCTOBER 16, 2018

The previous approaches to project performance management and production of the Estimate to Complete and Estimate at Completion make use of past performance. Estimating Models for Program Management," Norman Womer and Jeff Cman, Final Technical Reports, N00014-00-1-0280, Unversity of Mississippi, 2003. There's a notion going around that. “I I don’t believe you can make a model of a possible future.”.

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Wrike

NOVEMBER 7, 2018

earned an average of 16% more (approximately $14,500 ) than their non-credentialed peers in 2011. [6]. Estimated Project-Oriented Job Openings 2010-2020: . Inadequate cost estimates – 29%. Inaccurate task time estimate – 27%. Need up-to-date facts and figures for a project management report, article, or infographic? Browse this collection of project management statistics collected from studies and reports from the past five years.

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Workzone

APRIL 23, 2020

I also feel it’s really easy to sit down with someone and map out a new project, including dependent tasks, hour estimates, and so on, without having to worry that it will be a pain for someone to implement – we can brainstorm how things will go, map it out, then simply drop it into the system ”. Proofhub is an all-in-one project planning software that was launched in 2011. . It’s also a poor choice if you’re concerned with monitoring budgets or estimates.

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