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Which estimation methods are favored for adaptive delivery?

Kiron Bondale

If you ever find yourself wanting to inject some energy into a cross-functional gathering of delivery staff and stakeholders, ask for their opinion on estimates. Relative sizing – this covered such techniques as story pointing, T-shirt sizing, affinity estimating and others.

Estimate 345
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T-shirt sizing in Agile and Waterfall Projects

Project Pulse Journal

By: Hajime Estanislao, PMP, CSM Embarking on project estimations can often feel complex - where the path forward is unclear, and the potential for missteps is high. This is where the concept of T-shirt sizing shines as a simple estimation technique. What is T-shirt Sizing?

Agile 52
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Focusing on the Right Risk – Risk Magic

The IIL Blog

©2012, Chapter 11, page 310]. Poor Risk Definition In defining risks, we also define them inadequately. By defining “rain” as a threat to your project, what courses of action come to mind avoiding or mitigate it? We define what the root cause of the risk is and then define what the consequence is.

Risk 78
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Earned Value Management (EVM): A Roadmap to Project Success

MPUG

Each work package is meticulously defined, encompassing specific tasks, resources, and budgeting details. Crafting a Comprehensive Timeline : Standard cost estimation often presents costs in a linear or uniform manner. This involves dissecting a project into smaller, more manageable components known as work packages. Anbari, F.

2012 59
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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow Blog

missing important milestones, unavailability of a critical employee), Estimating (e.g., unrealistic or inaccurate estimates), Communicating (miscommunication between the project participants). [1]. Risks defined by AS9100 standard. The estimation implies performing qualitative and quantitative analysis. References .

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Reading List for the Cone of Uncertainty

Herding Cats

The Cone of Uncertainty is a useful approach to defining the expected range of uncertainty at specific stages in a project. 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 ?

2012 48
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Beware the big idea: Effort vs. scope—A story by Brett Harned

Resource Guru

So I asked her to help me to estimate the effort. Discover more in our eBook, Confessions of a Project Manager, where PM practitioners, authors, and agency insiders share the stories that defined their careers—and the lessons they learned along the way. But I’d already learned that lesson and I got ahead of it.

2012 52