Leading Agile

FEBRUARY 5, 2024

Today, we’re exploring what it looks like to transform the way your company finances itself in a new, agile world. But you can’t just wave a magic wand and expect the finance team to forget everything they know and start trusting that you’ll deliver what you say you’re going to deliver based on just a wink and a handshake.

Finance 77

Finance Governance Government 2025 77

Herding Cats

JUNE 18, 2017

Can you make a decision without an estimate? There are NO means of making a credible decision in the presence of uncertainty without estimating the outcome of that decision. Let's look at each of these from the point of view of Managerial Finance and Economics of Decision Making the presence of Uncertainty. First a principle.

Estimate 37

Estimate Risk Management Finance Risk 37

Planio

APRIL 22, 2024

According to some estimates , PMs spend 90% of their time communicating with team members, sponsors, and stakeholders. Whether it’s a business case, project plan, or market analysis, an executive summary is a great way to get the project’s most important information across quickly and clearly. Project managers are born communicators.

Executing 88

Executing Fractional CTO Technical Review CTO Hire 88

Herding Cats

AUGUST 27, 2017

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. Let's look at each one in more detail.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

MAY 8, 2016

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? What would be the evidence that we could make decisions in the presence of uncertanty without estimating the impacts and outcomes of those decisions? . Start here.

Estimate 28

Estimate Underperforming Technical Team Software Governance 28

Herding Cats

JULY 16, 2017

The GAO Cost Estimating and Assessment Guide has 12 steps. Again, this is the basis of Managerial Finance. Conduct Schedule Risk Analysis. These describe the increasing maturity of the project's artifacts. There are not specific to Agile Software Development. But here's how they are connected. Capture All Activities.

Estimate 35

Estimate Agile Cadence Risk Management 35

Productivity Land

MARCH 21, 2023

It is estimated that the data science market in the US will reach $116 billion by 2027 from an estimated $31 billion in 2019. The market is also being driven by the increasing demand for data-driven solutions in various industries, such as healthcare, finance, retail, and manufacturing.

Artificial Inteligence 67

Artificial Inteligence 2027 2019 Certification 67

Planview

JANUARY 8, 2019

Forward-thinking organizations incorporate business processes for governance and decision-making, particularly regarding which investments should be made during the strategic planning process and ongoing checkpoints. This becomes unrealistic if the plan is disconnected from Finance and operations.

Executing 60

Executing Finance Governance Government 60

Herding Cats

APRIL 26, 2016

They started with “Estimates are a waste, stop doing them.” Those advocates also started with the notion that estimates are a waste for the developers. The size of the “value at risk” is also the starting point for estimates. Next comes an original post from Woody – “you can make decisions with No Estimates.”

Estimate 28

Estimate Finance Risk Management Governance 28

Herding Cats

NOVEMBER 21, 2018

This, of course, is a violation of the principles of Managerial Finance and Microeconomics of software development in the presence of uncertainty and scarce resources. Since each of these elements operates in the presences of reducible (Epistemic) and irreducible (Aleatory) uncertainties, estimates are needed to make any credible decisions.

Software Developers 60

Software Developers Software Development Software Finance 60

nTask

SEPTEMBER 2, 2021

Track billable and non-billable hours for cost estimating. Generates accurate project quotes, forecasting, estimation, and scope. International Financial Reporting Standards make finance management easier. Optimize the utilization of your resources with resourcing insights, scheduling, governance, and skills matching.

2021 78

2021 Software Review Retail Estimate 78

Epicflow Blog

AUGUST 5, 2021

Though the technology is still being developed, it has numerous applications in our every-day life: it’s widely used in pharmaceutical and healthcare industry (its recent breakthrough was the development of covid-19 vaccine), finance, manufacturing, automotive industry, etc. . There are different classifications of AI.

Artificial Inteligence 98

Artificial Inteligence 2025 Technical Review Software Review 98

Bridge the Gap Consulting

MARCH 11, 2021

But where he was strong in the analysis area, he lacked in communication. ” These were labeled as 1,000 hours or more of estimated effort and/or $10,000 of total cost. Budget: The PMO reported to the CFO, and accounting/finance wanted revenue recognition and be able to capitalize or expense projects. Value Proposition.

Planning 52

Planning PMO Governance Government 52

Herding Cats

MARCH 21, 2016

A burst of Tweets of No Estimates fixes these problems came across Twitter this morning. But here's a core concept that is totally missing from not only the No Estimates conjecture, but from most every discussion, where a solution is proposed before the problem has been actually defined. Are Estimates Really The Smell of Dysfunction?

Estimate 43

Estimate Finance Manufacturing Governance 43

Velociteach

SEPTEMBER 18, 2023

in sustainable development and environment, and he has over 25 years of experience in various areas of project management including government, finance, consulting, manufacturing, and education. now I’ve got to do a risk analysis. Estimates put the workforce at up to 40,000 people at the height of construction.

Sustainability 98

Sustainability Underperforming Technical Team Construction Certification 98

Rebel’s Guide to PM

SEPTEMBER 8, 2021

For example, project management doesn’t have a specific method that we all use for document filing, different to, say, the way marketing or finance do document filing. Data gathering and analysis methods. Data gathering and analysis methods give you a richer understanding of a situation. Earned value analysis.

Underperforming Technical Team 433

Underperforming Technical Team Estimate Software Review Risk Management 433

Appfluence

MARCH 23, 2021

It often includes substantial measurement and the analysis of all the internal processes. Collaboration Between Departments: Operations management can easily communicate with finance, sales, marketing, human resources, and other departments if they have strong communication and coordination between each other. Management Tools.

Underperforming Technical Team 68

Underperforming Technical Team Manufacturing 2017 Engineering 68

Online PM Courses

NOVEMBER 4, 2018

Governance (project, program, portfolio). Time, budget, and cost estimation. The sort of stills you’ll need as a project manager include business analysis, strategic-level planning, and decision making. Competitive analysis. finance, marketing). Strategic planning, analysis, and alignment.

PMI 74

PMI Technical Review Certification Leadership 74

Epicflow Blog

AUGUST 5, 2021

Though the technology is still being developed, it has numerous applications in our every-day life: it’s widely used in pharmaceutical and healthcare industry (its recent breakthrough was the development of covid-19 vaccine), finance, manufacturing, automotive industry, etc. . There are different classifications of AI.

Artificial Inteligence 52

Artificial Inteligence 2025 Technical Review Software Review 52

Herding Cats

JULY 10, 2016

Can you make a non-trivial (NOT de minimis) decision in the presence of uncertainty without estimating? They started with “Estimates are a waste, stop doing them.” Those advocates also started with the notion that estimates are a waste for the developers. The size of the “value at risk” is also the starting point for estimates.

Estimate 28

Estimate Finance Risk Management Governance 28

Leading Agile

AUGUST 19, 2020

And not only like the CIOs are interested but the CEOs are interested, and the finance people are interested in the product, people are interested in the market, there’s a lot of stuff that’s interested. Because those are the things that fundamentally get in the way how we govern, right, how we deal with cross cutting concerns.

Agile 103

Agile SCRUM Governance Government 103

Herding Cats

SEPTEMBER 7, 2016

Orientation : the analysis and synthesis of data to form one’s current perspective. Making decisions in the presence of this emerging uncertainty requires making estimates of the impacts or outcomes of any decision. How to Avoid the "Yesterday's Weather" Estimating Problem. See link below on Closed Loop Control). Don't buy it.

Closing 28

Closing Controlling SCRUM Estimate 28

Herding Cats

MAY 10, 2019

requires making estimates) ? The Effectiveness of Risk Management: An Analysis of Project Risk Planning Across Industries and Countries,” Ofer Zwikael and Mark Ahn, Risk Analysis , Vol. Risk as Analysis and Risk as Feelings: Some Thoughts about Affect, Reason, Risk, and Rationality,” Paul Slovic, Melissa L. 3, March 2002.

Risk Management 38

Risk Management Risk Technical Review 2002 38

Herding Cats

MAY 11, 2019

requires making estimates) ? The Effectiveness of Risk Management: An Analysis of Project Risk Planning Across Industries and Countries,” Ofer Zwikael and Mark Ahn, Risk Analysis , Vol. Risk as Analysis and Risk as Feelings: Some Thoughts about Affect, Reason, Risk, and Rationality,” Paul Slovic, Melissa L. 3, March 2002.

Risk Management 35

Risk Management Risk Technical Review 2002 35

Online PM Courses

SEPTEMBER 3, 2018

But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Your ‘Project Cost Management Plan’ Establishing your costs – the processes of estimating and budgeting. The governance considerations for project cost management.

Project Cost 74

Project Cost Prince2 Budget Governance 74

Planio

JANUARY 16, 2023

Lay your cards out by creating a solid governance structure. Then, break down the work required to achieve your scope and objectives, and use project estimating techniques to work out how long those tasks will take you. Get to know your stakeholder analysis picture by leading the team through a stakeholder identification workshop.

Influencer 78

Influencer Finance Risk Management Risk 78

Planio

APRIL 24, 2023

In 2021, the Project Management Institute estimated that by 2030 the global economy would need 25 million more project managers to keep up with the demand for change. This stage involves collaboration with all the different project stakeholders as well as undertaking competitive analysis, and collecting user and customer feedback.

Development Team Review 78

Development Team Review 2030 Underperforming Technical Team Risk Management 78

Herding Cats

FEBRUARY 23, 2016

The conjecture that we can make decisions in the presence of uncertainty without estimating the impacts of those decisions is without any principles that can be tested beyond personal anecdotes of I know people who spend other peoples money without providing estimates. We need to learn how to predict with credible methods.

Estimate 39

Estimate Risk Management Finance Software Developers 39

Digite

SEPTEMBER 20, 2018

It is being applied to help in the improvement of performance of Government agencies, in their service levels and accountability and develop solutions focused on the well-being of Citizens. IBM estimates that by 2025, data-based decision making tools market will be $2 trillion. Applications of AI in Real World. What’s Ahead?

Artificial Inteligence 141

Artificial Inteligence Underperforming Technical Team 2020 2025 141

Planio

OCTOBER 24, 2022

How will the project manage finances? Then, use the 3-point estimating technique to estimate how long each one will take. They work through creating a WBS before estimating and mapping the work to create a schedule.”. How will stakeholders be informed of the project’s progress and when? Risk management approach.

Planning 78

Planning Risk Management Software Review Defining 78

Workamajig

JANUARY 11, 2021

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Epicflow Blog

JANUARY 12, 2021

Healthcare project manager; Finance project manager; Insurance project manager; Utility project manager, Legal project manager. According to the Job Growth and Talent Gap in Project Management research, the leading fields with the growing number of project-oriented positions are construction and manufacturing, IT, and finance and insurance.

PMO 82

PMO 2007 Controlling Construction 82

Wrike

MAY 28, 2021

They oversee pre- and post-merger financial planning, scoping, closing, and integration and coordinate research and analysis activities to assess risk and impact. Finance knowledge: An M&A project manager should be familiar with financial planning alternatives for financing the deal. Estimating risk.

Technical Review 36

Technical Review Software Review Underperforming Technical Team Finance 36

Scoro

MAY 13, 2022

It’s now a CloudBlue PSA that integrates all sales, finances and operations in a single system. BigTime offers time tracking, project management and billing that can be customised for firms in accounting, consulting, architecture, government contracting, engineering and law firms. Invoicing and finances. CRM System.

Finance 52

Finance Underperforming Technical Team Monitoring Software 52

MPUG

FEBRUARY 7, 2021

It is qualitative risk analysis. Next phase, perform QLRA, it is qualitative risk analysis. You need to have sophisticated software tools, and an ability to understand those analysis, to do a QTRA process. Our next process is, “Perform quantitative risk analysis” or the QTRA. This is not one time.

Risk Management 52

Risk Management Risk Technical Review Software Review 52

Herding Cats

JANUARY 23, 2019

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . maybe a read of the resources of Estimating Agile Software Development may help. Almost impossible?

Estimate 37

Estimate Technical Review Underperforming Technical Team Software Review 37

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

Estimate 40

Estimate Software Review Software 2012 40