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Estimating Agile Projects.Or Not

Leading Answers

Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. " So, when project managers hear about ideas such as "let's stop estimating," it can trigger a knee-jerk reaction.

Project Management Processes & Phases

ProjectManager.com

If so, it might be time to start implementing proven project management processes and phases at your organization in order to bring your company’s workflow under control. At first, the concept of the project management process and its practical adaption can seem a little daunting, but this article will give you everything you need to set up PM processes and phases at your business. Cost: Estimate the costs involved across the project and formulate a budget.

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Project Estimation: Master the Tools and Techniques

Online PM Courses

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. What is Project Estimation? Why is Project Estimation so hard? The Estimation Knife Edge. Methods and Tools for Project Estimation.

Project Estimation Techniques Everyone Needs To Know

Wrike

Project estimation techniques help project managers accurately estimate essential elements, such as cost and scope , within their projects. What are project estimation techniques? An estimate is a rough calculation of something. Why are project estimates important?

RBS is one more technique for your estimation tool belt!

Kiron Bondale

Project managers need to be comfortable with different estimation techniques. Foundational project management courses will teach you about analogous, bottom-up, parametric and three-point estimating. Take a course covering agile delivery and you’ll learn about relative sizing techniques such as estimating poker or t-shirt sizing. Estimate the size or effort of that story or work package.

Software Estimating Resources

Herding Cats

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. The reason for this resource page is the lack of understanding of how to estimate, the urban myths about software estimating, and the fallacies that estimating is not needed, when developing software, in the presence of uncertainty, when spending other peoples money. Estimating Probable System Cost,” Stephen A.

Why Johnny Can't Estimate?

Herding Cats

Ranging from traditional to agile and combinations in between. Since all risk comes from uncertainty - reducible (Epistemic) and irreducible (Aleatory), estimating is a foundation of all we do. There is no discussion of the conjecture that estimates are a waste, estimates can't be done, estimates are evil, estimates must be stopped immediately. Paradigm of agile project management from Glen Alleman. . Gow to avoid common estimating mistakes.

Estimating is a Learned Skill

Herding Cats

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. The same process for estimating is applied to multi-billion dollar projects we work. And the same process is applied to the Scrum development processes on those projects. .

Why Johnny Can't Estimate? (Update)

Herding Cats

Ranging from traditional to agile and combinations in between. There is a discussion of the conjecture that estimates are a waste, estimates can't be done, estimates are evil, estimates must be stopped immediately. To be informed how to estimate in this broad range of domains, problems, and impacts — education, experience, and skill are needed. 2) Aleatory Uncertainty from statistical naturally occurring processes. How and when to re-estimate.

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

DP6Jw is an overview of this process. To control this process using feedback and corrective actions ‒ in the same way, your closed loop controller for your air conditioner or heater does - a sampling rate is determined based on the rate of change of the underlying processes. These measures, corrective actions, and resulting outcomes operate in the presence of statistical and probabilistic processes. Stochastic process control is the field of study.

Agile Estimating Methods and Impact on Project Development Performance Index

Herding Cats

The presentation " Quantifying the Impact of Agile Practices ," Larry MacCherone at the RallyOn 2013 Conference, presents some results on estimating impacts. The chart below shows 4 estimating types, including No Estimates, the sample sizes for each type and the components that make up the estimating types. The Higher the number the better the performance of the process. Teams doing Full Scrum have 250% better Quality than teams doing No Estimating.

How to Talk About Estimates

Herding Cats

What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something. An estimate as a verb is to roughly calculate or judge the value, number, quantity, or extent of. But those estimates, nouns, and verbs themselves's have other attributes. Estimating and the resulting Estimates must be described by their accuracy and precision. Related articles. Estimates.

Principles of Cost and Schedule Estimating

Herding Cats

One of the 4 summary root causes of project performance failures is Unrealistic Cost and Schedule Estimates based on inadequate risk-adjusted growth models. Those making these claims may have their own personal purposes, their own agenda, their own reasons for sell this idea that estimates are somehow no longer needed when we're spending other people's money to produce value in exchange for that money. If you have no uncertainty, then estimates provide no value.

Stories about Stories in Agile Development

MPUG

The process is a complex one with many stakeholders involved over months, sometimes years. In this process, written requirements with written words are many times inadequate, sometimes even inaccurate, and most of the time said requirements don’t convey the real intent. Stories in Agile Development replace requirements. This leads to the concept of epics in Agile development. Once have your stories, you break them down to tasks, which can be estimated in hours.

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Decisions Without Estimates?

Herding Cats

There is a posted question at an agile conference. Can you make a decision without an estimate? Like many discussions in the domain of agile, the statement is made without any evidence that it is true, nor can even be true in principle. There are NO means of making a credible decision in the presence of uncertainty without estimating the outcome of that decision. These two points of view are the basis of any credible business management process.

Basis of Estimating Software Development

Herding Cats

The estimating of software development is both straightforward and complex. When it is suggested that estimating is hard, of no value, and unnecessary, always ask what principle is used to support that claim? Here are some resources that will provide guidance to produce credible software development estimates, in both traditional and agile domains. While some have publication dates that may seem old, the principles in these books are immutable, even for agile projects.

Accelerate Agile Project Management Success with Microsoft Teams and Planner

MPUG

Even if a customer requirement appears straightforward, it is very difficult to estimate a forecast on effort and necessary development time. What is Agile project management? Agile project management is an approach with a focus on the finished product and the satisfaction of the customer. Progress is always checked in an iterative process and workflows are adjusted as needed. There are different models used in Agile development processes.

2020 77

Impacts of traditional project funding models on agile delivery

Kiron Bondale

In one of my previous articles I’d written about the need for change across multiple areas of an organization when undertaking an agile transformation. A key enterprise partner is the Finance department and the organization’s model for project funding will have significant influence over successful agile delivery. one sprint’s worth), but in most cases, project funding approval processes are not lean enough to encourage such behavior.

2018 153

Estimating the Risk

Herding Cats

Aleatory uncertainty, which is the naturally occurring yields variances in the underlying processes. Epistemic uncertainty comes from probabilistic processes that can be addressed with handling responses. In order to make risk-informed decisions, we must estimate the outcomes and the impacts of those outcomes on future activities (cost, schedule, and technical performance of products and services). Without these estimates, there is no risk management.

12 Principles of Agile with and without Estimates

Herding Cats

It's popular to speak about the Agile Manifesto and the 12 Principles of Agile. When we hear that the next big thing in agile is Not Estimating, let's look to see how those 12 Principles can be applied without those estimates? . 12 Principles of Agile. How estimates help implement these principles. Without estimates what is missing. Or, what’s you estimate of the features we can deliver before the trade show? Yes, good process.

Agile & Project PPM: The Better Together Story

MPUG

Agile PPM & Project. One of the key investment areas was Agile. Even Team Foundation Server (TFS) has grown into the new Azure DevOps (Visual Studio) for developers, proving better alignment for Epics, User Stories, Sprints, Requirements, and connecting source code directly to Agile constructs. This is the continuing and evolving story of Agile and Microsoft’s technologies. Understanding Agile. 12 Key Agile Principles.

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Why Johnny Still Cannot Estimate

Herding Cats

He doesn't know how - He doesn't understand how estimates fit into the process of business and managerial finance of product or service development. He doesn't understand why estimates are needed - He doesn't understand the impact on the business for not knowing how long, how much, and what will be produced for the time and money. Coding work is much more fun than making estimates, documenting the requirements, writing tests. Related articles.

Leveraging Agile to Get Predictable

Leading Agile

Agile isn’t ever really about Agile. In our Business Drivers of Agility webinar series hosted by LeadingAgile CEO, Mike Cottmeyer, Mike dives deep into six key business drivers to uncover how Agile can enable organizations to connect these drivers to better business outcomes.

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Work Breakdown Structure (WBS) in Traditional and Agile Life Cycles with MS Project

MPUG

A WBS is important to further estimation—cost, duration, or resources, planning for resources, risk identification, schedule development, among others. The lowest level of the WBS is known as the work package , where you can estimate for cost and duration. WBS in Agile Life Cycle.

2020 87

How to Estimate Any Software Problem

Herding Cats

ways to make decisions with No Estimates. can we make a decision in the presence of Uncertainty without making an estimate of the impact or outcome of that decision? Let's put aside for the moment the missing principles of managerial finance, probabilistic decision making, microeconomics of decision making, Real Options, Bayesian decision networks, and other decision making processes used in modern business when spending other people's money. An estimate is.

Reasons to Estimate and Measure

Herding Cats

Estimating Software-Intensive Systems: Project, Products, and Processes , Richard D. Stutzke is a starting point for estimating software projects. From tradition projects to agile projects, this text provides practical examples based on principles. I recommend it for anyone starting out in the estimating business all the way to seasoned veterans. Any estimating process requires discipline and repeatability to produce accurate and precise results.

When to Estimate and When Estimates aren't Needed

Herding Cats

Paul Boos has a post about estimating and makes a case for the Principles of when NOT to estimate. This struck a cord around a bigger topic - the inversion of estimating. When should we NOT estimate? What business decision making conditions could be in place where we don't have to estimate the outcomes of our decision in the presence of uncertainty? Then on to the original conjecture for No Estimates from Paul's post. Not principles for NOT estimating.

MPUG Agile Series Presented by Tim Runcie Continues

MPUG

As Tim Runcie’s recent excellent article on the topic pointing out, Agile methodology helps to create processes, procedures, and ultimately results. Infused with a time-phased, metrics-driven engine that delivers visibility to assignments, deliverables, work and cost estimates, and the ability to do enterprise wide resource capacity and forecasting/strategic planning, there is no question that Agile is a game changer to large and small organizations alike.

2019 64

Questioning Agile Dogma

Leading Agile

When I first learned about Agile methods in 2002, the principles seemed to offer an ideal solution to many organizational issues common at the time. It’s time now to move forward to the next level of proficiency in software delivery; what we might call “post-Agile.” ” A lot more is possible than was imagined when “Agile” was first defined. Let’s begin with some parts of the Agile canon itself.

Agile 93

The Five Laws of Software Estimating are Wrong

Herding Cats

There's a blog post from a few years back that has resurfaced The 5 Laws of Software Estimates. Law of Software Estimating. Fact of Software Estimating. Estimates are waste. To those paying the developers, estimates provide actionable information needed to make decisions: Can we afford to develop this feature? Estimates are non-transferrable . Its claimed Software estimates are not fungible. This is basic business process improvement.

Work Breakdown Structure (WBS) in Traditional and Agile Life Cycles with MS Project

MPUG

A WBS is important to further estimation—cost, duration, or resources, planning for resources, risk identification, schedule development, among others. The lowest level of the WBS is known as the work package , where you can estimate for cost and duration. WBS in Agile Life Cycle.

2020 61

4 Fallacious Reasons to Estimate and Why Those Are Fallacious

Herding Cats

There's a recent post titled Four Fallacious Reasons to Estimate. It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. And like many posts and tweets about estimating, it's made from this point of view, not the business point view, not from the point of view of those paying the developer. Related articles.

Traditional or Agile? - 10 Questions to Find Out Which PM Method Is Right for Your Project

Inloox

Traditional vs. agile project management. To answer this question, this article takes you one step further and helps you find out which method fits your project better by answering 10 questions. Agile PM. Fixed scope, estimated schedule. Fixed schedule, estimated scope.

2020 171

Estimating on Non-Trivial Software Projects

Herding Cats

A nice conversation on twitter about estimates on software brought up the topic of estimates as commitments. The #NoEstimates advocates see estimates as making commitments. Yes, commitments are made when we estimate. I have an 80% confidence (an estimate) I can deliver what you need on or before September 15 (an estimate), at or below $15,000.oo (an estimate) with a 15% error band (an estimate). . Estimates are not needed.

Agile project management- A tutorial

Binfire

The Agile project management methodology has been used by software engineers and IT professionals for the past sixteen years. The reason for this surge in popularity is quite understandable, the majority of projects benefit when managed using lean concepts promoted by Agile project management methodology. But the tide is turning and Agile project management is gaining wide acceptance as a valid process for most projects. History of Agile project management.

Agile project management- A tutorial

Binfire

The Agile project management methodology has been used in the software development and IT industry for the past sixteen years, but recently it has gained wide acceptance by many number of industries and organizations. The reason for this surge in popularity is quite understandable, a majority of projects benefit when managed using lean concepts promoted by Agile project management methodology. History of Agile project management. Project Estimation.

Five Immutable Principles of Project Success and Estimating

Herding Cats

In order to manage risk - and act as an adult when spending other people's money - you must estimate many aspects of the project. The Five Immutable Principles of Project Success layout the aspects of project success that must be managed using estimates. . There was a question asked on Twitter - what do estimates have to do with these Principles ? Controlling that path - in the presence of uncertainty - means making estimates of the possible outcomes of any decision. .

Common Ground for a Conversation about Estimating

Herding Cats

Neil Killick posted a good question, what's the common ground for talking about estimates. All estimates have two attributes - accuracy and precision. The values of these two attributes are what those needing the estimates are after. With the knowledge of the two values of these two attributes the decision makers can assess the "value" of the estimate. That request comes from those asking for the estimate. But that dysfunction is not "caused" by the estimate.

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Wilo's Law and Mature Communications Processes

Herding Cats

A popular quote in the agile community is Wilo's Law. To make some conjecture that some process will fix the problem - Estimates are the smell of dysfunction and NOT Estimating will fix that dysfunction - is naive at best and willfully ignorant of Root Cause Analysis at worse. Avoid Verbal Orders is a critical process in any critical situation. Related articles. Why Guessing is not Estimating and Estimating is not Guessing.

Webinar Recap: Agile Series Part 1 – Understanding & Incorporating Agile Project Management

MPUG

Please find below a transcription of the audio portion of Tim Runcie’s Agile Series Part 1 webinar being provided by MPUG for the convenience of our members. Kyle: Hello everyone and welcome to today’s MPUG training series, part one, Understanding and Incorporating Agile Project Management. And what we’re going to do is talk about the disciplines today, talking about how and where Microsoft’s going, what are some of the advantages of using agile.