Strategy Execution | PMO Perspectives

MAY 28, 2020

Unsurprisingly the variables under discussion were cost, schedule and benefits. Professor Flyvbjerg’s evidence showed that out of 12,000 major projects studied globally, fewer than half were on budget, fewer than 8% also on schedule, and only 0.5% also achieved projected benefits.

Controlling 59

Controlling Estimate 2014 Underperforming Technical Team 59

Herding Cats

MAY 10, 2019

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N.,

Risk Management 38

Risk Management Risk Technical Review 2002 38

Herding Cats

MAY 11, 2019

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. Michael, International Journal of Project Management , 19, pp. 24, 2010.

Risk Management 35

Risk Management Risk Technical Review 2002 35

Herding Cats

MARCH 11, 2017

This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. All project work has uncertainty. Uncertainty comes from the lack of precision and accuracy about the possible values of a measurement of a project attribute.

2003 46

2003 2014 2015 2011 46

Herding Cats

MARCH 11, 2018

Economics is the study of how people make decisions in resource-limited situations. Economics has two basis branches: Macroeconomics is the study of how people make decisions in resource-limited situations on a national or global scale. A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Herding Cats

MAY 7, 2019

So start here to build your academic foundation, that can be put to work to build a foundation of validated experience of making estimates in the presence of uncertainty and protect yourself from fallacious claims that estimates are a waste, not needed, and produce bad resulting in the decision making process for those paying you to produce value.

Estimate 40

Estimate Software Review Software 2012 40

Herding Cats

NOVEMBER 7, 2016

The same process for estimating is applied to multi-billion dollar projects we work. And the same process is applied to the Scrum development processes on those projects. . Here's some materials that provide the tools and processes needed to learn how to estimate. 1, January 2007. Rizwan Jameel Qureshi, I.J.,

Estimate 64

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