Remove Analysis Remove Project Cost Remove Risk Remove Software Engineering
article thumbnail

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A

article thumbnail

A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. IEEE Transactions on Software Engineering , Vol.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

The naturally occurring work effort in the development of a software feature - even if we've built the feature before - is an irreducible uncertainty. The risk is created when we have not accounted for this natural variances in our management plan for the project. An aleatory risk is expressed as a relation to a value.

2003 46
article thumbnail

Two Parallel Processes of Project Success - Both Value and Delivery are Needed

Herding Cats

For software development, those scarce resources are people, time, and money. Software engineering economics is a topic that addresses the elements of software project costs estimation and analysis and project benefit-cost ratio analysis. IT Risk Management.

Process 45
article thumbnail

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Economics is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers.

article thumbnail

A Wrap Up of the #NoEstimating Conjecture Analysis to Date

Herding Cats

If you're looking for motivation for estimates outside of the domain where the customer doesn't really care about the final cost, just the final product developed inside a "level of effort" budget, look here and remember. Risk Management is Project Management for Adults - this is a core concept for all project success.

article thumbnail

DDSTOP The Saga Continues

Herding Cats

If you're not an expert, you're not going to recognize the possible solutions, risks, impediments, and opportunities for the problems you'll encounter in developing a solution that has never been developed before. In all engineering worlds, from software engineering to bending metal for money, there is really nothing new under the sun.