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5 Notorious Failed Projects & What We Can Learn from Them

ProjectManager.com

Surprisingly, Sony continued to produce Betamax all the way into 2016. Betamax was an innovative product, and it even got to market before VHS. But soon the market had options that were cheaper and better than Betamax, making it a failed project. The problem here is a project that isn’t following regulations. The Lesson.

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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Planning, Tracking, and Reducing Complex Project’s Value at Risk,” Tyson R. The Chaos & Complexity of Mega Projects,” Michael Bensussen, PM.2128, Maxime Le Bras, “Large?Scale

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A Compendium of Risk Management Resources

Herding Cats

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. Planning, Tracking, and Reducing Complex Project’s Value at Risk,” Tyson R.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Information about key project cost, performance, and schedule attributes is often uncertain or unknown until late in the program. Analyse Changing Risk of Organizational Factors in Agile Project Management,” Shi Tong, Chen Jianbin, and Fang DeYing, The 1st International Conference on Information Science and Engineering (ICISE2009).

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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Thesis Wayne State University, 2016. and Dutta, P., Alleman, G.

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Software Estimating Resources

Herding Cats

Effort Estimation for Mobile Applications Using Use Case Point (UCP),” Anureet Kaur and Kulwant Kaur, Smart Innovations in Communication and Computational Sciences. Minku and Xin Yao, Automated Software Engineering, 28 December 2016. “SW Effort, Duration and Cost Estimation in Agile Software Development,” Mohd. 8, September?October

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Estimating is a Learned Skill

Herding Cats

“Fixed price without fixed specification,” Magne Jørgensen, Simula Research Laboratory, 15 March 2016. Springer International Publishing, 2016. The Influence of Selection Bias on Effort Overruns in Software Development Projects,” Magne Jørgensen, Simula Research Laboratory & Institute of Informatics , University of Oslo.