Leading Answers
AUGUST 25, 2020
Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. " So, when project managers hear about ideas such as "let's stop estimating," it can trigger a knee-jerk reaction. It sounds lazy and avoiding the hard work of having to estimate.
Scrum.org
AUGUST 17, 2020
The fallacy happens when we conclude from this that punishment works, and rewards don’t (Defulio, 2012). When teams estimate work, hearing an initial estimate is likely to “anchor” further estimates. The anchoring bias explains why Planning Poker requires participants to show their estimates at the same time.
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Herding Cats
MARCH 17, 2019
Open Loop / Closed Loop Project Controls. 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. How to Develop Credible Cost & Schedule Estimate.
Rebel’s Guide to PM
DECEMBER 9, 2020
The Australian government has granted two initiatives close to Brisbane major project status. As a major project, part of the team’s responsibility is to create a learning legacy , much like as was done during the London 2012 Olympics. Source: PMI; figures relate to country). They are both cannabis plants.
Herding Cats
APRIL 4, 2019
It just closed the loop faster. But when some statement is made about risk, estimating, performance modeling, or the like - always ask for references. Foundations of Risk Management, 2nd Edition, Terje Aven, John Wiley & Sons, 2012. This is good, but it doesn't reduce risk. I'm not expecting anyone to read all these books.
Herding Cats
JULY 24, 2017
The paper on the Cone of Uncertainty is used by many in the No Estimates community as an example of why estimates are of little use. In this paper, there is data that does not follow the Cone of Uncertainty, in that the uncertainty of the estimates does not reduce as the project proceeds. Then there is some analysis.
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. 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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