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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Software engineering economics." IEEE Transactions of Software Engineering, 1 (1984): 4-21.

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In-Depth: The Evidence-Based Business Case For Agile

Scrum.org

Several empirical studies have indeed found that teams with a frequent delivery strategy are more likely to deliver successful project outcomes and satisfy stakeholders than teams that do not ( Chow & Cao, 2008 , Jørgensen, 2016 ). SCRUM and productivity in software projects: a systematic literature review. C., & da Silva, F.

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Estimating is a Learned Skill

Herding Cats

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 ‒ Steve McConnell. Fixed price without fixed specification,” Magne Jørgensen, Simula Research Laboratory, 15 March 2016.

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Software Estimating Resources

Herding Cats

Effort Distribution to Estimate Cost in Small to Medium Software Development Project with Use Case Points,” Putu Linda Primandari and Sholiq, The Third Information Systems International Conference, Procedia Computer Science, 72, pp. Software Development Effort Estimation using Fuzzy Bayesian Belief Network with COCOMO II,” B.

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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. IEEE Transactions on Software Engineering , Vol. México, 1 al 3 de Febrero de 2006. De Meyer, C. Loch, and M.

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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. Risk Management is essential for development and production programs. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Our perception of this world - the data and information we receive about these behaviors. Risk Management is essential for development and production programs. Information about key project cost, performance, and schedule attributes is often uncertain or unknown until late in the program.

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