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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. All estimates have precision and accuracy. Deciding how much precision and accuracy is needed for a credible estimate is critical to the success of that decision.

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Risk Management Resources

Herding Cats

requires making estimates) ? 5, September/October 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. Estimation of Long?Term Making these decisions in the presence Uncertainty ? reducible and irreducible ?

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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage. Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun. Learn more in our Ultimate Guide to Project Planning.

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Top Solutions to Project Failure – Epicflow Research Part 2

Epicflow Blog

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. DIscussion in PRINCE2 & MSP – Project & Programme Management + Agile Scrum.

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A Compendium of Risk Management Resources

Herding Cats

requires making estimates) ? 5, September/October 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. Estimation of Long?Term Making these decisions in the presence Uncertainty ? reducible and irreducible ?

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My Journey as a Scrum Master

Scrum.org

Always eager to learn more, I registered for a certification program by which I could learn BiSL , ASL , ITIL , and PRINCE2. 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.

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53 Best Project Management Software Solutions for Your Team in 2022

Workzone

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 ”. Pricing: Ranges from Free – $20.83/user