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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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Project Management Challenges with Artificial Intelligence

International Institute for Learning

As technology increases within the next two decades, AI is expected to replace humans in many of the simple and mundane tasks that are part of project and program management activities (Grace et al., Advances in software development. The tools are expected to be different for each life cycle stage of a project.

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A Short History of Project Management

MPUG

Another major project related happening was the growing popularity of value engineering (VE), which was widely used at General Electric. This functioned to help measure the value of alternatives (for example, using cheaper resources and/or materials to reduce project costs or design-to-cost) especially when there was a scarcity of resources.

PMI 81
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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?”

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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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Compendium of Works to Increase Probability of Project Success

Herding Cats

Agile Software Development (#ASD). Journal Papers, White Papers, and Essays on Project Success (#Papers). These five principles of project success are stated as questions that need to be answered using units of measure meaningful to the decision makers, College of Performance Management , Measurable News, 2017.

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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.