Operations, Finance, and Accounting for the Development of Software

Herding Cats

This seems to be a lament from agile developers. A Scrum of people works very well when doing Scrum , but operations, finance, and accounting are not the same as writing software for money. A Scrum of cost accountants, planner, finance, and operations people is called Chaos. It's common to hear, projects are overhead, we just need to get the value to the customer as fast as possible. Anything getting in the way of them coding is seen as an impediment. .

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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Agile Project Management Methods for Corporate IT Projects

Herding Cats

When Agile development moves beyond a single scrum team and into the Enterprise IT domain, several considerations must be addressed. For Scrum (or most other agile methods) focus on the team is paramount. PM Chapter on Agile IT Project Management Methods from Glen Alleman. .

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Agile project management: A beginner's guide

Moira Alexander

If you're new to project management and the agile methodology, the answers to these 10 questions will arm you with the information you need to get started. And if you're a project management veteran, these frequently asked agile questions are a good refresher. What is agile? Agile is a project management methodology that uses short development cycles called sprints to focus on continuous improvement in the development of a product or service. Why is agile necessary?

Agile 84

GAO Cost Estimating and Assessment Guide Applied to Agile

Herding Cats

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. Again, this is the basis of Managerial Finance. The GAO Cost Estimating and Assessment Guide has 12 steps.

What Are the Advantages of Waterfall Project Management?


The Basics of Agile Process Management. Agile management is all about providing a framework for building systems that allows plenty of room for interaction, customization, and frequent updates. Use a Tool That Can Do Both Waterfall or Agile.

Fallacy of the Week

Herding Cats

This decision is a Managerial Finance process operating in the presence of the Microeconomics of decision making with all the uncertainties of the market, development cost and of course risk created by uncertainty. That statement violates the principles of Microeconomics, Managerial Finance, the Probability and Statistics of decision making, and common sense. Five Different Decision-Making Strategies That Don't Need Estimates. This is from a #Noestimates presentation.

2018 55

Operational Excellence: Your Company’s Future Depends On It


They’re borrowing from agile methodologies and figuring out how to scale these processes across their large teams and across their companies. AI and agile) to establish a new norm in Operational Excellence. . Agile Isn’t Enough. Agile isn’t equally good for all projects.

Antifragile, Macro and Micro Economics and the Misuse of Terms (Again)

Herding Cats

The books of Taleb are focused on the Macroeconomics of public finance and the institutions that serve them. 1] The agile community that uses Taleb's work in their advocacy of software development techniques appears to have confused macroeconomics with microeconomics. .

2018 56

The Origins of Scrum and Empirical Closed Loop Control

Herding Cats

Agile in name only. scrum, not agile. There's a recent paper " What Lessons Can the Agile Community Learn from A Maverick Fighter Pilot? " In our Software Intensive System of Systems domain, this is the definition of Agile we use from the now-Secretary of Defense Dr. Carter.

Making Better Business Decisions with Continuous Planning

Arras People

Here’s Carina: Improve Agility Through Continuous Planning. 66% with integrated plans can respond with more agility to changing business environments. First, you need to open up a dialogue between the business functions – including finance, the PMO, and other lines-of-business.

Project Management Keywords in CVs

Arras People

In role you will be working with a third-party development agency, and in an Agile environment and take on the responsibility of leading this delivery. We all know how ‘modern’ recruitment works in the UK. Keywords. Keywords are king. They have to be.

2016 219

Plotting a Course for Work and Resource Management Success

Arras People

Yet, many are still hesitant about adopting work and resource management, and must change their mindset about how work gets done before they may achieve greater agility and alignment.

2020 168

Five Professions That Make Great Project Co-ordinators

Arras People

They know that the customer is at the centre of everything – so at least they have some of the Agile philosophy already! Finance. I recently held a project management careers clinic with someone who was wanting to get into a project management role.

Why Johnny Can't Estimate?

Herding Cats

Ranging from traditional to agile and combinations in between. Paradigm of agile project management from Glen Alleman. . Some colleagues have engineering or finance educations. Agile is a highly procedural process along with more traditional development methods. . This book is a practical guide to estimating and planning agile projects. . The book speaks to why conventional planning fails and why agile planning works. NoEstimates Agile Books Estimating

Revisiting the Double Pendulum Problem

Herding Cats

Why is this an issue in the management of agile software projects? In the same way the original posters of #NoEstimates state their case that decisions CAN be made without estimating, when in fact that violates microeconomics, managerial finance, and several other principles.

2009 65

How to Estimate Any Software Problem

Herding Cats

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. This book was handed out by Jeff Sutherland at the State of Agile conference as an indication of how agile has come to represent sloppy thinking on behalf of many of its advocates. .

The Classic Misunderstanding between Principles, Practices, and Process

Herding Cats

Is this early work the same in form as Scrum, XP, or other Agile development methods? But of course, the Agile Manifesto is not actionable in any practical way, as the 12 Principles . A recent Twitter post make the false claim that.

2003 74

The 3 Steps to Take When Failure is Not an Option: Getting to Impeccable Business Execution

Girl's Guide to PM

Iterate to create agility. Agile and Scrum serves exactly that. Our business execution will never be perfect – but we can teach our teams to be Agile. Joel “Thor” Neeb will be speaking at the Agile and Scrum Virtual Conference, going live on May 4 th.

The Future of Digital Business: What Does This Mean for Project Teams?


The rest of the team is working with a programmer from the finance department, completing a new accounting system feature scheduled to launch that evening. Agile across the business. Project teams with Agile development experience will do just fine in a digital business future.

2016 70

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. Herding Cats: GAO Cost Estimating and Assessment Guide Applied to Agile. He looks for existing examples and just sees bad examples. . 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.

Decisions Without Estimates?

Herding Cats

There is a posted question at an agile conference. 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. Herding Cats: Risk Management for Agile Software Development Projects.

Free project management certifications

Moira Alexander

Agile Software Development - goes over fundamental agile concepts to enhance your software development skills. Project Risk Assessment - a self-paced course on how to conduct risk analysis of different projects using both conceptual and practical developments in modern finance. Business Management - covers how to master the essentials of managing a successful business including accounting, finance, marketing, operations, people management, and strategy.

Software Cost Accounting

Herding Cats

Agile will come next, but waterfall (and of course the term is no longer allowed in US DOD procurement, but it is an acceptable accounting term), provides the easiest framework for software development cost accounting. So Now What About Agile Development Processes.

2018 68

Becoming a Project Manager – A Complete Guide for 2018

Paymo App

Project management methodologies – Agile, Waterfall, PRINCE2, PRiSM, Six Sigma, Critical Path, and many more. Scrum is an Agile framework that’s often used for product management or for software-industry projects. Agile. Maintain full control of resources and finances.

2018 83

Principles of Cost and Schedule Estimating

Herding Cats

Microeconomics of decision making with Managerial Finance and Behavioral Economics are all part of credible business management processes when spending other people's money. A longer bibliography of Risk Management on Agile Projects. .

Same Same but Different †

Herding Cats

Much of the conversation in social media around agile techniques seems to be based on the differences between the variety of choices of a method, a process, or a practice and definitions of terms for those choices. Both agile advocates and engineered systems advocates practice innovation and creativity. Why are the core principles of managerial finance and the microeconomics of decision making in the presence of uncertainty rejected by the agile development community? .

Insider Perspectives on Recruiting With Ronald Yoon

Project Management Hacks

There are conversations with clients in Finance, Telecom, health sector, Government, IT and engineering. Candidates who are knowledgeable in DevOps, agile (both developers and project managers) and big data are in demand. How does recruiting work? What do recruiters want?

Start with Principles, Not Personal Anecdotes

Herding Cats

His work has inspired a new generation of researchers in economics and finance to enrich economic theory using insights from cognitive psychology into intrinsic human motivation.”. Let's start with some more resources for making estimates in the presence of uncertainty on agile projects.

2018 79

COTS – Commercial off the Shelf Lifecycle Model

Jez Lister

COTS – Agile verse Waterfall approaches – With more and more organisations adopting agile approaches, I consider here the relative merits or otherwise for a commercial off the shelf implementation. If you were to ask a group of subject matter experts (Finance, HR etc.)

2014 52

Five Immutable Principles of Project Success and Estimating

Herding Cats

A core principle of Managerial Finance is Value cannot be determined without knowing the Cost to achieve that Value. . This is the beauty of Agile Development. There are Five Immutable Principles of Project Success.

The Open Mindedness and Logical Fallacy

Herding Cats

The founders of agile were shunned in the same way I'm being shunned. What is the plausibility that your hypothesis fits into the principles and practices of managerial finance, microeconomics, and generally accepted accounting and business practices of modern business?

2018 86

Best project management software


Visual PM tools which only support Agile or Kanban. Agile using Kanban board or other visual work progress tools. Finance / budget management software (Quicken, Mint etc.). What is the best project management software for your team and your project?

When to Estimate and When Estimates aren't Needed

Herding Cats

But those practices are “informed” by the principles of Microeconomics, Managerial Finance, and Business Governance. Perhaps a read of the materials in Section 6 will provide insight into the World View of those of us applying agile to Software Intensive System of Systems [link]. 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?

4 Fallacious Reasons to Estimate and Why Those Are Fallacious

Herding Cats

Agile development works best when there is a trust but verify paradigm. I strongly believe that "agile transformations are not about transforming IT, they are about transforming organizations". This is no different when the development processes are agile or traditional.

Systems Engineering and Software Intensive System of Systems

Herding Cats

Finance, social, political. Agile as a Systems Engineering Paradigm. Can Enterprise Agile Be Bottom Up? There was a Twitter post mentioning Russell Ackoff YouTube about systems. A system is never the sum of its parts, it's the product of their interactions. This is a good start, but it needs to produce actionable outcomes , not just principles, but practices and processes. How do you define, design, represent, assess, analyze, and manage these interactions.

The 20 Education Venues for Online Master of Project Management


Students are allowed to choose three elective programs based on their career goals, such as Management of Virtual and Global Teams, Agile Projects Management, and Foundations of Virtual Management Across Cultures and Geography. Managerial Accounting and Finance for Leadership. An online master of project management is one of the best investments one has in order to advance his or her certification levels or acquire one.

A Wrap Up of the #NoEstimating Conjecture Analysis to Date

Herding Cats

Alternatives to Agile Estimation. How to get a "D" in the Freshman Finance Class. Project Finance - all project is guided by managerial finance and microeconomics of decision making, whether you know it or not. An Agile Estimating Story.

2016 65

Do You Actually Need a Project Management Certification?


CSM/PSM (Certified Scrum Master/Professional Scrum Master) are two different certificates (issued by different organizations) that both cover Scrum, the most popular agile framework in software development. SAFe (Scaled Agile Framework®) takes Scrum and applies it to enterprise (given that Scrum works well for teams but doesn’t scale when it comes to the company as a whole). Some frameworks start with agile principles, but ironically end up anti-agile.

The #NoEstimates Paradigm and Response

Herding Cats

I attended our Agile Meetup last night, where the speaker walked through the three current Agile at Scale development methods, all based on Scrum - SAFe, LeSS, and Nexus. Thanks to Sean Craig's Live Sketch Note for capturing concepts directly from Woody Zuill's talk.

2016 94