Remove 2015 Remove Budget Remove Estimate Remove Software Development
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What is Project Management

MPUG

The project manager is responsible for coordinating the work of the team, monitoring progress, and making any necessary adjustments to ensure that the project is completed on time and within budget. Constraints typically relate to schedule, resources, budget, and scope. Executing the Project Build the project team.

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Estimates, Forecasts, Projections

Herding Cats

An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future.

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Why Estimates are Needed for Success in the Nondeterministic Universe

Herding Cats

There's a fallacy used by some in the software development business, that estimates are not needed to make decisions in the presence of uncertainty. Here's an example of the probability distribution of a cost estimate for a project. Most IT projects have some made up budget and schedule. Related articles.

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Risk Management Resources

Herding Cats

requires making estimates) ? This blog page is dedicated to the resources used to assess risks, their impacts, and handling strategies for software-intensive systems using traditional and agile development methods. Estimation of Long?Term 4, February 24, 2015. Thomas, Director Today , December 2015.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. requires making estimates) ? Estimation of Long?Term

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Invoking "Laws" Without a Domain or Context

Herding Cats

Rarely the case in software development, where Little's Law is misused often. The OP claimed Goodhart's Law was the source of most of the problems with software development. Is this macroeconomic model a correct operational model for software development processes - measuring changes the target ?

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Managing in Presence of Uncertainty

Herding Cats

This is an immutable principle that impacts planning, execution, performance measures, decision making, risk, budgeting, and overall business and technical management of the project and the business funding the project no matter the domain, context, technology or any methods. All project work operates in the presence of uncertainty.

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