WorkOtter

FEBRUARY 28, 2023

Resource estimation is an integral part of project management that often gets overlooked. Here’s your guide to resource estimation in project management and other factors, such as resource costs. What Is Resource Estimation in Project Management? Do we have staff members who know how to estimate resources for a project?

Estimate 78

Estimate Technical Review Software Review Risk Management 78

Project Pulse Journal

OCTOBER 7, 2023

Enter the realm of quantitative risk analysis. A methodology that not only supports the identification of risks but quantifies them, thereby supporting a quantitative risk analysis process allowing for strategic decision-making. Every decision brings along its own set of uncertainties and complicated risks. This isn't just any method.

Risk 52

Risk 2009 2023 2017 52

Rebel’s Guide to PM

JULY 24, 2023

What is a ROM estimate? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 286

Estimate PMO PMI Budget 286

Scrum.org

MARCH 14, 2023

Agile Fluency® Model is a fantastic model. With this model, you start seeing your journey as a series of paradigm shifts and stages toward higher fluency in Agile: The Agile Fluency model has been as an inspiration for us, when we were designing Org Topologies. Without defining value, no agile transformation is possible.

Agile 197

Agile Cadence Technical Review Development Team Review 197

ProjectManager.com

AUGUST 29, 2023

Agile A methodology for project and product management, typically used to deliver software projects in an iterative way with short bursts of work called “sprints” Though initially designed as a process for IT and engineering projects, it has since been successfully applied to other industries like marketing.

Software Review 393

Software Review Underperforming Technical Team Lean Event Chain 393

Project Pulse Journal

NOVEMBER 24, 2023

This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis. With a Monte Carlo analysis, you can assess project risks, determine the likelihood of occurrence, and turn the 'what-ifs' into tangible predictions. uniformed, normal, triangular, etc.)

Risk Management 52

Risk Management Risk Engineering Estimate 52

Scrum.org

SEPTEMBER 16, 2020

Still plenty of teams use hourly estimates for complex work. Relative estimation: takes less time, focuses on team collaboration i.o. Relative estimation: takes less time, focuses on team collaboration i.o. Relative estimation: takes less time, focuses on team collaboration i.o. Many times I have heard, we do Agile now.

Estimate 150

Estimate Software Review Budget Agile 150

Project Pulse Journal

APRIL 16, 2024

By: Hajime Estanislao, PMP, CSM Embarking on project estimations can often feel complex - where the path forward is unclear, and the potential for missteps is high. This is where the concept of T-shirt sizing shines as a simple estimation technique. What is T-shirt Sizing?

Agile 52

Agile Technical Review Software Review Development Team Review 52

Scrum.org

OCTOBER 3, 2022

In this energizing 44th Hands-on Agile session on product backlog management, Allan Kelly clarified one thing: The backlog was a great idea until it wasn’t. Product discovery, dual-track agile, OKRs, etc., Watch the video now : Allan Kelly: Honey, I Shrunk the Backlog — Hands-on Agile 44. ? The Product Backlog.

Agile 177

Agile 2022 SCRUM Lean 177

Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management. Take a Product Tour.

Risk Management 78

Risk Management Risk Process Influencer 78

Scrum.org

SEPTEMBER 10, 2023

In the fast-paced world of software development, agility and efficiency are paramount. This is where Scrum, an agile framework, comes into play. Market Analysis A Product Owner should be well-versed in market analysis to identify trends, customer needs, and potential opportunities.

SCRUM 154

SCRUM Development Team Review Underperforming Technical Team Certification 154

The IIL Blog

OCTOBER 17, 2023

Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Agile Manifesto The fundamental document that outlines the values and principles of Agile project management. Agile team A cross-functional group of individuals (e.g.,

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

AUGUST 22, 2023

Project budgets are estimated by project managers and then approved by the project client or stakeholders. Business Analysis Business analysis is the process of understanding the needs of business stakeholders and defining how to meet those needs. Project Budgeting The project budget is what the project will cost to complete.

Certification 358

Certification Leadership Risk Management Budget 358

nTask

MARCH 31, 2022

Thus, cost estimation in project management is essential for predicting the project’s scope. The big difference between a project with and without cost estimation is that you’re somehow prepared for the latter as you’d have already predicted the budget constraints in your cost estimation process.

Estimate 88

Estimate Budget Project Cost Software Review 88

Leading Agile

APRIL 7, 2023

As a community, we have developed a handful of team-based Agile approaches over the years; some of which we would consider scaled. Implementing Agile, especially in larger, more complex organizations, still seems to be a black art. They hypothesized that estimating the cards and doing burn-down charts would increase throughput.

Agile 133

Agile Governance Government Underperforming Technical Team 133

Scrum.org

JANUARY 30, 2023

TL; DR: Agile Transformation with ChatGPT or McBoston? I was interested in learning more about a typical daily challenge many agile practitioners face: How shall we successfully pursue an agile transformation? Or shall we embark on an agile transformation with ChatGPT providing some guidance?

ChatGPT 181

ChatGPT Agile Artificial Inteligence Consulting 181

The Strategic Project Manager

APRIL 30, 2024

However, the speed of change has made these methods less reliable – and ushered in a more lean-agile approach to metrics. This post examines the difference between ROI and Lean-Agile metrics, It identifies the key metrics of each, and the drivers behind those metrics. Value is delivered in small increments over time.

Lean 40

Lean Agile Risk Management Technical Review 40

nTask

JANUARY 7, 2022

As much as critical path analysis is important to a project, calculating CPs can be a real pain in the neck. Fortunately, you have the sweet embrace of critical path analysis software that can make the process a walk in the park for you. 2022’s Best Critical Path Analysis Software: nTask. Zoho Projects. LiquidPlanner.

2022 88

2022 Software Risk Management Planning 88

Scrum.org

OCTOBER 5, 2022

In Kürze: Hands-on Agile #44: Honey, ich habe das Backlog geschrumpft — mit Allan Kelly. Hands-on Agile-Meetup zum Thema Produkt-Backlog-Management stellte Allan Kelly eine Sache klar: Das Product Backlog war eine großartige Idee, bis sie es nicht mehr war. Product Discovery, Dual-Track-Agile, OKRs usw. Das Produkt-Backlog.

Agile 132

Agile 2022 SCRUM Lean 132

ProjectManager.com

AUGUST 11, 2022

Also called value analysis, it reviews new or existing products during the design phase of a project and determines how certain substitutions can reduce costs while increasing product value. ProjectManager is online project management software with dynamic Gantt charts to plan your value analysis. Creative Phase. Development Phase.

Engineering 324

Engineering Construction Manufacturing Software Review 324

Scrum.org

SEPTEMBER 16, 2020

Plenty of teams still use hourly estimates for complex work. Relative estimation: takes less time, focuses on team collaboration i.o. Relative estimation: takes less time, focuses on team collaboration i.o. Relative estimation: takes less time, focuses on team collaboration i.o. Many times I have heard, we do Agile now.

Estimate 91

Estimate Software Review Budget Agile 91

Rebel’s Guide to PM

FEBRUARY 1, 2022

Are you aiming to achieve your PMI Agile Certified Professional ( PMI-ACP )®? Below, I list the best agile books for your certification studies. These are guides that support your learning but also help you go deeper into the world of agile. If you’re looking for those, check out my list of the best agile study guides.

PMI 195

PMI Certification Estimate Software Review 195

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep can be prevented by making sure changes are not introduced into the project without the appropriate analysis and control. If they have any supporting materials (like quotes or estimates for the work that needs to be done) that might help the analysis, ask for those too. What is scope creep in agile?

Underperforming Technical Team 459

Underperforming Technical Team 2009 Controlling Risk Management 459

ProjectManager.com

MARCH 28, 2024

Critical path method (CPM): A Notion Gantt chart doesn’t have critical path analysis features which are very important for project scheduling. These tools can help you view your projects from different perspectives and allow your teams to work with different project management methodologies and styles such as waterfall or agile.

Software Review 346

Software Review Estimate Monitoring Project Cost 346

Wrike

APRIL 7, 2021

When managing a team, it’s essential to be able to estimate how long it takes to complete a task. Chances are you’ve had an experience where your estimates turned out to be wrong; the project took longer than expected, or your product team couldn’t deliver in time. Why is the Fibonacci sequence used in Agile?

Estimate 41

Estimate Agile Software Review Influencer 41

Rebel’s Guide to PM

MARCH 18, 2021

And yes, agile project management artifacts get a mention. For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Assumption log Risk register Backlog (see, agile project artifacts are relevant too) Stakeholder register.

Logistics 510

Logistics Artificial Inteligence PMI Performance Measurement 510

Agilemania

NOVEMBER 8, 2022

One of the biggest challenges in agile project management is determining what tasks are needed to complete a project, how long each should take, and who needs to carry them out. The agile release plan helps in aligning the teams by addressing multiple aspects that can contribute to creative and innovative problem-solving.

Agile 98

Agile Planning Software Review Technical Review 98

Rebel’s Guide to PM

MARCH 23, 2023

It’s an entry-level course in that the first module is an overview of topics like project goals and what project success means, but it quickly gets into technical topics like tornado charts, Monte Carlo simulation, network analysis and other tools and techniques that allow you to do robust, professional planning.

Technical Review 473

Technical Review Planning Certification Risk Management 473

Scrum.org

JULY 5, 2021

Not only can Scrum work in these situations, but in my experience, using this agile framework increases the probability of meeting challenging deadlines. Rather than estimating their work in hours, the team used relative sizing to assign points to each of the Product Backlog items using a previously agreed upon measurement system.

SCRUM 253

SCRUM Lean Estimate Budget 253

ProjectManager.com

FEBRUARY 28, 2023

Agile Sprint Plan Template The roadmap is an overview, but it’s not a tool that’ll be used by your development team. Agile and cross-functional teams prefer the visual workflow of kanban boards and they can use our free agile sprint plan template to get their work done collaboratively.

Software Review 290

Software Review Development Team Review Budget Agile 290

ProjectManager.com

MARCH 21, 2022

There are a variety of methodologies to manage your software development life cycle, including waterfall, agile and other models. Requirements Gathering & Analysis. Agile Model. The Agile model was made in response to the rigidity of the waterfall model. Related: Agile vs Waterfall and the Rise of Hybrid Projects.

Software Developers 281

Software Developers Software Development Software Review Underperforming Technical Team 281

Online PM Courses

JUNE 3, 2018

There are two reasons why Project Estimation is a big deal for project managers. And second, poor estimates are often a primary reason for a project cost or schedule over-run. So, in this article, we’ll take a careful look at project estimation, to help you learn how to master the art and craft of doing it well.

Estimate 72

Estimate Technical Review Underperforming Technical Team Agile 72

Herding Cats

MAY 7, 2019

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. Cost Modeling Agile Software Development,” Maarit Laanti and Petri Kettunen, International Transactions on Systems and Applications, Volume 1 Number 2, pp. Performance Evaluation of non?

Estimate 40

Estimate Software Review Software 2012 40

nTask

MARCH 30, 2022

With the changing marketing trends and rapid digitalization, agile and user-friendly agency project management tools are predominant. Therefore, we’ve reviewed the 14 best agency project management software for agile teams in this blog. 14 Best agency project management software for Agile teams. Scopes and estimates.

Software Review 97

Software Review Agile Software 2022 97

nTask

DECEMBER 24, 2021

An agile methodology is an iterative approach to project development. In agile, the project is broken down into small iterations to deliver high-quality products. Thus, the agile system development lifecycle is a systematic and structured development methodology used for the development of a product. So, let’s get into it!

Agile 78

Agile Construction Software Review Initiating 78

Herding Cats

NOVEMBER 7, 2016

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. So when you hear we can't estimate you'll know better.

Estimate 64

Estimate 2006 2005 2013 64

Herding Cats

DECEMBER 30, 2017

One of the 4 summary root causes of project performance failures is Unrealistic Cost and Schedule Estimates based on inadequate risk-adjusted growth models. If you have no uncertainty, then estimates provide no value. There is a wide range of resources for learning how to estimate, assessing the credibility of an estimating process.

Estimate 61

Estimate Governance Government Risk Management 61