Software Review: Vizzlo [2016]

Girl's Guide to PM

You'll also like: Software review: Simplestimate [2016] Find out more about how to make estimating simple with this software review of Simplestimate. Online and Windows [2016] Learn why iMindQ mindmapping software could be just the tool for your project team. General Information.

2016 300

Estimate everything?

Musings on Project Management

Mike Cohn on estimating (from his email blasts): "Because I've written a book on estimating, people seem to think I estimate everything on my product backlog. I ask a team to estimate a product backlog item only when having the estimate will lead to actionably different behavior. So, for example, I might ask a team for an estimate on a user story so that I can decide if I want. agile estimate

How To Be An Estimating Superhero

Girl's Guide to PM

A statistical model for estimating isn’t normally something I’d put in the ‘make my job easy’ box, but I might just have found one that works. What if you want an estimate that is, say, 75% reliable? PERT can’t give you those kinds of estimates. How reliable is this estimate?”.

Software Review: ProjectManager.com [2016]

Girl's Guide to PM

You'll also like: Software Review: Project Viewer for Primavera [2016] This article was updated with minor amends on 27 March 2016. Software review: Simplestimate [2016] Find out more about how to make estimating simple with this software review of Simplestimate.

2016 219

Software Review: BusiBI Project Manager 2016 v5.7

Girl's Guide to PM

Name: BusiBI Project Manager 2016. You'll also like: Software Review: Project Viewer for Primavera [2016] This article was updated with minor amends on 27 March 2016. General Information. Vendor: BusiBI. Hosting options: iPad. Cost and plans: £3.99

2016 246

Estimating from the master

Musings on Project Management

s "The Mythical Man-month" "It is very difficult to make a vigorous, plausible, and job-risking defense of an estimate that is derived by no quantitative method, supported by little data, and certified chiefly by the hunches of the managers" Bookmark this on Delicious. estimateToday's quote: Here's a quotation that is a favorite of mine drawn from Fred Brooks, Jr.'s

Fred P. Brooks on Estimates

Musings on Project Management

There are dozens of quotes from this book floating about, but here's one worth writing down: "It is very difficult to make a vigorous, plausible, and job-risking defense of an estimate that is derived by no. business analysis estimate QuotationsFred Brooks, Jr.'s s "The Mythical Man-month" is still required reading, even if written decades ago. And, as these things go, it has a lot of humor, but also a lot of wit.

Software Review: iMindQ 4.1 Online and Windows [2016]

Girl's Guide to PM

You'll also like: Software Review: Project Viewer for Primavera [2016] This article was updated with minor amends on 27 March 2016. Software review: Simplestimate [2016] Find out more about how to make estimating simple with this software review of Simplestimate.

2016 228

Tax Planning for PM Contractors in 2016

Arras People

Getting ahead and planning your tax in 2016 is vital, especially in an environment that is constantly evolving. We’ve taken a look at some of the most important areas of taxation in 2016 and the changes that you need to know about. New dividend taxation rates will come into play at the start of the new financial year, April 6th 2016. The government estimate that this will lead to 95% of people not paying tax on interest gained from these savings.

2016 131

Estimates, Forecasts, Projections

Herding Cats

Estimates. 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. We can estimate the number of clams in the Pleistocene era that are in the shale formations near our house. Estimate to Complete.

Estimating Resources

Herding Cats

There's a never-ending opportunity to learn how to estimate in the presence of uncertainty. When you hear that estimates are a waste (we'd rather be coding), estimates are fiction, we're bad at estimating, and the plethora of other excuses for not learning how to estimate, ask if that person has done the minimal homework to learn how to estimate needed to make decisions in the presence of uncertainty found on all software development projects. .

Estimating on Agile Projects

Herding Cats

Here's a straightforward approach to estimating on agile projects. This is an example of the estimating profession found on many domains. . NoEstimates Estimating

Estimating is a Learned Skill

Herding Cats

Estimating is a learned skill, used for any purpose from every-day life to management of projects. When I left for the airport this morning to catch my flight to a customer site I estimated, given the conditions, how much time I need to get to my favorite parking spot at DIA. The same process for estimating is applied to multi-billion dollar projects we work. Here's some materials that provide the tools and processes needed to learn how to estimate. 2 (2016), pp.

Why Johnny Can't Estimate?

Herding Cats

Since all risk comes from uncertainty - reducible (Epistemic) and irreducible (Aleatory), estimating is a foundation of all we do. There is no discussion of the conjecture that estimates are a waste, estimates can't be done, estimates are evil, estimates must be stopped immediately. To be informed how to estimate in this broad range of domains, problems, and impacts - education, exp[erience, and skill are needed. Gow to avoid common estimating mistakes.

Cost Estimating Assessment Criteria

Herding Cats

Here are the guidelines for a credible cost estimate (GAO-16-620). Details calculations performed and estimating methodology used. Estimate should lack bias; be neither overly conservative nor optimist. Regular updates cost estimate to reflect significant changes. Estimate based on historical record of comparable p[rograms. Estimating techniques used appropriately. Indpenednet cost estimate to compare different estimating methods.

Improved project billing, planning and price estimates

Paymo App

Accurate price estimates for your clients. You can set up task hourly rates, estimated hours and flat task rates by switching to the advanced view (click on the “Advanced view” icon in the top right corner of the tasks section for the project).

Why We Need Estimates

Herding Cats

The ability to generate reliable cost and schedule estimates is a critical success factor necessary to support business projects. Why Guessing is not Estimating and Estimating is not Guessing. Without this ability, business value is at risk of experiencing cost overruns, missed deadlines, and performance shortfalls—all recurring problems that projects assessments too often reveal.

Reality of the Value of Estimating

Herding Cats

Avoid software project horror stories - check the reality value of the estimate first from Harold van Heeringen. NoEstimates Estimating Governance

Agile Estimating Methods and Impact on Project Development Performance Index

Herding Cats

The presentation " Quantifying the Impact of Agile Practices ," Larry MacCherone at the RallyOn 2013 Conference, presents some results on estimating impacts. Teams doing Full Scrum have 250% better Quality than teams doing No Estimating. How to Estimate Software Development.

Governance and Estimating

Herding Cats

make use of estimates in their decision support processes. To suggest Not Estimating can be the basis of those decision making process is to willfully ignore these principles.

Quick Summary of Estimating Advice

Herding Cats

We can't estimate things we've never done before - this is simply not true. If you truley haven't done the work before, you're probabiliy not the right person to be estimating for those wanting to pay you. . Estimates are guesses, because we don't know that the future is - this is a fundamental misunderstanding (either with intent or omission) on how estimates are made. We've never done this before, so how can we possibly estimate how long it will take?

What is the Management Reserve for Project Budgets?

Project Risk Coach

You can — assuming that your organization supports the concept of reserves — create a management reserve when estimating the cost of your project. Cost Baseline = Cost Estimate + Contingency Reserve. Cost Estimate: $93,000.

Budget 327

How to Estimate Any Software Problem

Herding Cats

ways to make decisions with No Estimates. can we make a decision in the presence of Uncertainty without making an estimate of the impact or outcome of that decision? What would be the evidence that we could make decisions in the presence of uncertanty without estimating the impacts and outcomes of those decisions? . The Myths of No Estimates and the busting of them is one purpose of this blog post. Before we start, let's look with the notion of estimation.

2017 Project Management Trends To Watch

Girl's Guide to PM

Our software tools are full of data from the risks we log to the estimates we fail to achieve. You can’t hold information in your head about how accurate each individual team member has been in estimating their workload on this project and the last five projects they have worked on.

2017 311

About evidence

Musings on Project Management

estimate Quotations system engineeringDid you see this witicism at herdingcats? A skeptic will question claims, then embrace the evidence. A denier will question claims, then reject the evidence. Neil deGrase Tyson. Think of this whenever there is a conjecture that has no testable evidence of the claim. And think ever more when those making the conjectured claim refuse to provide evidence. When that is the case, it is.

2016 174

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

The estimate of Desired (or even contractual ) schedule, cost, or technical performance of the software project. The granularity of these estimates determining the dynamic behavior of the system ‒ the software project. When we hear the question at what level of an agile project do we estimate – Vision, Theme, Release, Feature, Story, or even Task ‒ the first question is again ­. NoEstimates Estimating Governance Mathematics Planning Principles

The Conscious Project Leader [Book Review]

Girl's Guide to PM

Ellis’ book isn’t going to teach you how to estimate or manage risk – although there are chapters on that.

2016 328

You Can Unlock the Power of Integration Management

Project Risk Coach

After completing the WBS, she facilitated an exercise to identify significant risks and estimated contingency reserves for her “Known Unknown” risks. How Bring All the Pieces Together If you were asked to describe project managers with one word, what would it be? Planner? Leader?

2016 312

Estimating on Non-Trivial Software Projects

Herding Cats

A nice conversation on twitter about estimates on software brought up the topic of estimates as commitments. The #NoEstimates advocates see estimates as making commitments. Yes, commitments are made when we estimate. I have an 80% confidence (an estimate) I can deliver what you need on or before September 15 (an estimate), at or below $15,000.oo (an estimate) with a 15% error band (an estimate). . Estimates are not needed.

10 Guidelines for Estimating Project Effort – Guest Post by Susanne Madsen

Celoxis

best practices Blog capacity planning PMO PPM Project Management Resource Management celoxis Guest Blog Online project management software project estimation project management best practices project management software sussane madsen web based project management toolMany projects start off on the wrong foot because the effort involved in delivering them has been underestimated.

Have You Left Anything Out of Your Project Plan?

Project Risk Coach

Work Breakdown Structure Dictionary – provide the detailed information about the deliverables, activities, cost estimates, and scheduling information for each item in the WBS. The Project Plan Checklist Have you left anything out of your project plan?

What To Do When Your Team Doesn’t Believe The Project Schedule

Girl's Guide to PM

Given all their experience, they should be able to come up with some realistic estimates for time frames for all the tasks on the plan. And put some contingency time explicitly in the schedule if you are worried that there is a degree of uncertainty in the estimates.

2016 305

Strategic Project Portfolio Management [Book Review]

Girl's Guide to PM

Estimating For Success. Maybe best of all, Moore talks about range-based estimates – a topic I’m very interested in. Moore explains that estimates are biased towards the initial values because people don’t adjust their estimates again after making that initial decision.

2016 265

The Basics for a Happy and Productive Day on Projects

Arras People

To be effective and not waste time, you should estimate the time needed for each task, delivery dates and set an order of priority.

2016 270

How many licks does it take to get to the centre of a lollipop?

The Lazy Project Manager

“It could be 500; it could be 1,500 … It’s kind of a crude estimate,” study leader Leif Ristroph, a physicist at NYU said.

2016 271

Evaluating Project Schedules Utilizing Quantitative Risk Analysis

Project Risk Coach

If a project is estimated at 120 days, the project manager may add a 10% pad, an additional 12 days. The project manager estimates the project duration to be 132 days. It provides reserves, but let’s look at a better way to estimate reserves.

Risk 254

10 Wonderful Ways to Keep Your Stakeholders Happy

Project Risk Coach

Be careful with your estimates. Help stakeholders understand that there is greater uncertainty in the early estimates — which should always be given as a range — because of a lack of information and definition of the project.

2016 260

Understanding project statistics

Musings on Project Management

Chapter 14 from the GAO Cost Estimating Manual on "Cost Risk and Uncertainty" is a good read, easily understood, and very practical in its examples. Here's one illustration that I particularly like. When you look at it, it's understood in a moment that the repeated random throw of two dice generates a probability density function [PDF] that has a bell-shape curve. Statisticians call. risk Statistics

2016 216

Common Ground for a Conversation about Estimating

Herding Cats

Neil Killick posted a good question, what's the common ground for talking about estimates. All estimates have two attributes - accuracy and precision. The values of these two attributes are what those needing the estimates are after. With the knowledge of the two values of these two attributes the decision makers can assess the "value" of the estimate. That request comes from those asking for the estimate. But that dysfunction is not "caused" by the estimate.

Why Ranged Estimates Are More Effective Than Single Point Estimates

LiquidPlanner

This is why making ranged estimates for your projects is more realistic and reliable than aiming for a singular deadline. We use ranged estimates all the time in daily life. The advantage of making ranged estimates. Ranged vs single-point estimates.

Estimating is an Everyday Life and Everyday Projects

Herding Cats

A recent twitter post started out with I predict my train will depart from platform 12 in 10 minutes: degree of predictability correlates with length of time I then asked and what is the evidence on which you base this estimated time of departure? I got back I didn't estimate departure, there is a timetable there, but Trains someone's run late & platform sometimes changes. But in fact - mathematical fact - there was an estimate made. NoEstimates Estimating

Tool Review: Streamtime

The Digital Project Manager

With effortless project planning, one click estimating and invoicing, innovative time tracking, slick scheduling and intelligent reporting, Streamtime gives you complete visibility of your projects all within a beautiful interface. Posted in Articles General Tools.

2016 225

We the jury, find the Project Sponsor guilty…………….

Ron Rosenhead

This resulted in an estimated 15 staff weeks being tied up with highly complex issues which should never have arisen. Thank you members of the jury for your time and consideration. It only remains for me to pass sentence.

2016 248