article thumbnail

Estimate at Completion: A Complete Guide + Template

Rebel’s Guide to PM

In this article, I’ll explain what Estimate at Completion is for project managers, how to use it (because there are 4 different ways) and give you examples. Estimate at completion (EAC) in project management tells you how much the project will cost when the work is finished. What is the formula for estimate at completion?

Estimate 409
article thumbnail

Capabilities Release or Cadence Release

Herding Cats

Agile developers like to toss that phrase around as an alternative to having a plan for the delivered value we'll replace planning and estimating with early and often delivery. There is NO means of making credible decisions in the presence of uncertainty without first estimating the outcome of that decision. Related articles.

Cadence 29
Insiders

Sign Up for our Newsletter

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

article thumbnail

Map Your Route to Mastering Agile Fluency

Scrum.org

And then, based on the company strategy and portfolio management decisions, an estimated number of teams to be funded, created and focused to work in that value area with that leader. We have reviewed those ideas in an article on Team Topologies and highlighted some serious drawbacks of such an org design.

Agile 205
article thumbnail

5 Tips to Build a Harmonious Project Team in 2023

LiquidPlanner

While there are many excellent tools available, the things that keep drawing me back to LiquidPlanner are features like real-time scenario planning, its use of ranged vs. fixed estimation , and automated schedule updates. It’s the only solution I’ve found that delivers insights I can trust.

2023 148
article thumbnail

Tips from the trenches: How to Start Up Three new Scrum teams Simultaneously.

Scrum.org

In this article you will read a detailed review how. Explanation of effort estimation and planning poker. Pokering a small and a large story, gives us two benchmarks for relative estimation of the whole PBL using the magic estimation technique. Startup program details. The Kick-off. Sprint planning.

SCRUM 223
article thumbnail

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. That request comes from those asking for the estimate. 100M, 200M, 500M?

article thumbnail

Do We Need Risk Management in Agile Projects?

MPUG

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? What agile adds to this, therefore, is a distinct cadence of its own iterations or drawdowns of tasks into the Work in Progress part of the Kanban Board. Let’s expand that simple answer. Of course not.