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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. Use of Benefits of Tools for Project Risk Management,” T. February 2017. “A 255, April 2010. Kwak and J.

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Estimates, Forecasts, Projections

Herding Cats

We can estimate the total cost, total duration, and the probability that all the Features will be delivered on the program we are working for the US Government. Or ANY software project for that matter. The estimated completion cost for this program is $357,000,000 with an accuracy of $200,000 and a precision of $300,000.

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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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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Take for example the deployment of an ERP system, the installation, and startup of a process control system, the release of a suite of embedded software controllers for a car, aircraft, petrochemical plant. A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. 55-66, 2017.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Cost, Schedule, and Technical Performance Management (#CSTPM). Product Development (#ProdDev). Governance (#Governance). Agile Software Development (#ASD). Journal Papers, White Papers, and Essays on Project Success (#Papers). Enterprise IT and Embedded Systems (#EIT). Balanced Scorecard (#BSC).

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100+ Project Management Statistics & Facts To Remember in 2019

ProProfs Project Management

In the US, there was a 17% increase in project-oriented jobs in the health sector. 80% of federal IT projects were self-described as ‘iterative’ or ‘Agile’ in 2017. 93% of communication service providers are using agile project management methodologies. IT project failure rates range between 5% to 15%.

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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. 229 “How Should We Estimate Agile Software Development Projects and What Data Do We Need?”