Estimating

Zen Project Management

I started thinking about how common it is for people to not be able to provide good estimates. It was ironic, but part of the work with my client that week was explaining the technique of relative estimates using t-shirt sizes and story points. The team I was working with was new to agile and used to the old way of doing absolute estimates, which as we all know are not as accurate because of things like student syndrome or Parkinson's Law.

Estimate everything?

Musings on Project Management

Mike Cohn on estimating (from his email blasts): "Because I've written a book on estimating, people seem to think I estimate everything on my product backlog. I ask a team to estimate a product backlog item only when having the estimate will lead to actionably different behavior. So, for example, I might ask a team for an estimate on a user story so that I can decide if I want. agile estimate

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How To Be An Estimating Superhero

Girl's Guide to PM

A statistical model for estimating isn’t normally something I’d put in the ‘make my job easy’ box, but I might just have found one that works. What if you want an estimate that is, say, 75% reliable? PERT can’t give you those kinds of estimates. How reliable is this estimate?”.

Everyone estimates!

Musings on Project Management

We all make estimates; and we all make estimates all the time. When I make the 20 mile trip each Tuesday to a client site, I estimate adjustments to a baseline based on weather and road construction and if I know about an accident. Really, no one sets out to do anything meaningful without some estimate in mind re time, or cost, or risk; usually we can also notionally estimate the scope. So, agile estimate

Agile Estimation A SoundNotes Tutorial

Leading Agile

Estimating work in Agile is something many people struggle to understand. Hint: “They’re called estimates, not exactimates for a reason.” ” There’s even a whole camp dedicated to the idea of not estimating work. For More on Agile Estimation.

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. What is Project Estimation? Why is Project Estimation so hard? The Estimation Knife Edge.

The 4 Essential Agile Tools for Agile Teams

ProjectManager.com

Agile is a way of working that comes from software development. While the roots of incremental development methods of working stem back to the 1950s and into the 1970s, it wasn’t until 2001 that a group of software developers published the Manifesto for Agile Software Development.

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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. Estimate the size or effort of that story or work package.

Estimating on Agile Projects

Herding Cats

Here's a straightforward approach to estimating on agile projects. This is an example of the estimating profession found on many domains. . NoEstimates Estimating

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. COSMIC Software Estimation Approach,” Alain Abran, ICEAA Workshop, Portland Oregon, June 6?9, Estimating Probable System Cost,” Stephen A.

How to Increase the Accuracy of Your Project Estimates

MavenLink

Creating an accurate estimate up front will help balance both sides by setting client expectations and preventing surprise costs from compromising profit margins. Having an accurate, reusable estimation model plays a pivotal role. What Makes an Accurate Estimation Model?

Your Guide to Accurately Estimating Projects

LiquidPlanner

Estimation is an invaluable tool for anticipating and managing project uncertainties. Accurate project estimates help identify cost and schedule requirements with relative precision, and reduce the risk of running out of time, resources, and budget during a project. Phased Estimating.

Roadmapping and Budgeting with Rapid Estimation

Leading Agile

Importantly, we have to be able to do that without redirecting the whole org to create an estimate. We have to get good at taking ambiguous requirements and translating them into chunks that we can meaningfully size, even though we have very little info — rapid estimation.

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Let’s Be Agile Together!

Arras People

As a project manager of many years experience, working both pan sector and discipline, whilst using many different flavours of methodology I have to admit that I am still struggling to position the “Agile” movement in terms of delivering projects. Agile Project Management agile

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Estimates, Forecasts, Projections

Herding Cats

Estimates. An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future. We can estimate the number of clams in the Pleistocene era that are in the shale formations near our house. Estimate to Complete.

What is an Estimate? What is Estimating?

Herding Cats

I work in a domain where estimates are made every single week. Estimate to Complete (ETC), Estimate at Completion (EAC), Estimated Completion Date (ECD) are the life blood of our software intensive system of systems programs. But Estimating is NOT Guessing.

Agile for Traditional Projects

The IIL Blog

By Susan Parente | Risk Management Guru – Agile Generalist – Instructor and Consultant, IIL. Can Agile practices be incorporated with traditional project management?” The daily stand-up is used in Scrum, one of the most popular frameworks for implementing Agile.

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Project Estimation Methods

Planview

The following content is based on the whitepaper, “Bigger Than a Breadbox: 10 Tips for Better Project Estimates, Part 1,” written by Jerry Manas. Guess you could say it’s the GPS of estimating. The GPS of Estimating. Contributor estimates. Leveraging contributor estimates.

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.

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. Teams doing Full Scrum have 250% better Quality than teams doing No Estimating. How to Estimate Software Development.

Business Agility: What Is It & Why Is It Important?

ProjectManager.com

To do so requires business agility. What Is Business Agility? Business agility is just as it says, a way for businesses to remain agile when markets fluctuate, as they have a tendency to do. Origins of Business Agility. Business Agility Framework.

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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. Estimates.

PRINCE2 Agile Training: Logical Model Online Training Review

Girl's Guide to PM

Product reviewed: PRINCE2® Agile Bundle (includes exam fee, self-paced online training, support and mock exam). Other products offered by this training company: PRINCE2®, PMP Exam Prep, other online PM courses including How to Estimate, Recovery of Troubled Projects, Project Governance.

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. If you have no uncertainty, then estimates provide no value. A longer bibliography of Risk Management on Agile Projects. .

Your Guide to Accurate Project Estimate Projects

LiquidPlanner

Estimation is an invaluable tool for anticipating and managing project uncertainties. Accurate project estimates help identify cost and schedule requirements with relative precision, and reduce the risk of running out of time, resources, and budget during a project. Phased Estimating.

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. Here's some materials that provide the tools and processes needed to learn how to estimate.

Agile Illustrated – Sample #3

Leading Answers

This is the third sample from my new Kindle book “ Agile Illustrated: A Visual Learner’s Guide to Agility ”. The book is a graphical introduction to the agile mindset and servant leadership behaviors for working with agile teams.

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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. Don't assume, Estimate.

10 Point Checklist for Better Project Estimates

Planview

The following content is based on the whitepaper, “Bigger Than a Breadbox: 10 Tips for Better Project Estimates, Part 2,” written by Jerry Manas. Part 1: Improve Project Estimates and Escape Crisis Mode. Use Horizon-Based Estimates. Part 3: Project Estimation Methods.

Alice, the Cat, and Agile

Musings on Project Management

I've heard it many times that this little ditty is the essence of why Agile is problematic with its dearth of plans, estimates, etc: "Would you tell me, please which way I ought to go from here? agileThat depends a good deal on where you want to get to,' said the Cat. 'I I don't much care,' said Alice. Then it doesn't matter which way you go,' said the Cat. 'So So long as I get SOMEWHERE,' Alice.

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GAO Cost Estimating and Assessment Guide Applied to Agile

Herding Cats

The GAO Cost Estimating and Assessment Guide has 12 steps. There are not specific to Agile Software Development. Agile. Agile teams, for the most part, are a fixed set of resources, so the spending plan is essentially Flat.

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. Now you might say that agile delivery approaches can work when we fix cost and time and let scope or requirements be the variable.

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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. To make decisions in these conditions, estimates are required. Gow to avoid common estimating mistakes.

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.

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.”

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What is the Difference Between PRINCE2 Agile and APMG Agile Project Management?

Arras People

In this guest post, Simon Harris responds to a question from a reader about the two different Agile project management courses which are available. What is the difference between PRINCE2 Agile and APMG Agile Project Management? The RAD movement predates Agile.

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.

Improving portfolio management must be part of an agile transformation

Kiron Bondale

When we think of an agile transformation, improving portfolio management might not be high on the organization’s list of priorities. Agile delivery is not a silver bullet. Tagged: agile project management , Project Portfolio Management , resource availability.

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Effectively Using Product Roadmaps for Agile

The IIL Blog

By Betsy Kauffman, Organizational Coach, Agile Pi. What is an Agile Product Roadmap? Multiple agile teams can utilize a shared product roadmap. When done well, the Agile product roadmap is the foundation and facilitator of solution delivery.

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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?