LiquidPlanner

MARCH 14, 2017

As a consultant, I frequently work with companies that lack a unified business process and struggle to deliver their projects on time. With just 6 steps, you can go from missed deadlines and isolated teams to a shared process and on-time delivery. A Process to Drive Positive Change. It doesn’t have to be this way!

Manufacturing 84

Manufacturing Software Review Estimate Consulting 84

Herding Cats

DECEMBER 30, 2017

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. Be an adult, manage other people's money using a risk management process. This is how business works.

Estimate 61

Estimate Governance Government Risk Management 61

ProjectManager.com

APRIL 13, 2022

Project selection is the process of evaluating projects to ensure that they align with your strategic objectives and deliver maximum performance. This process is done in what is called a feasibility study, which is part of the project initiation stage. The Project Selection Process. What is Project Selection? Linear Programming.

Software Review 297

Software Review Project Life Cycle Manufacturing Executing 297

Herding Cats

DECEMBER 16, 2017

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? Software Sizing and Estimating: Mk II FPA , Charles Symons, John Wiley & Sons, 1991. Related articles.

Software Developers 46

Software Developers Software Development Estimate 2006 46

Rebel’s Guide to PM

AUGUST 29, 2021

In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. It’s our job to facilitate the discussion and extract those risks so they can be actively managed: that’s the risk management process. Poor estimating. Sometimes the estimates are just rubbish.

Risk 320

Risk Technical Review Risk Management Estimate 320

Herding Cats

JULY 20, 2017

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. 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.

Estimate 35

Estimate Finance Manufacturing Risk Management 35

Herding Cats

NOVEMBER 22, 2017

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? Then on to the original conjecture for No Estimates from Paul's post. That is, to make decision with “No estimates”.

Estimate 34

Estimate Governance Government Risk Management 34

Epicflow Blog

JUNE 10, 2022

Let’s figure it out in the article. . missing important milestones, unavailability of a critical employee), Estimating (e.g., unrealistic or inaccurate estimates), Communicating (miscommunication between the project participants). [1]. Apart from numerous benefits, this process is accompanied with certain risks, too. .

Aerospace 98

Aerospace Risk Management Engineering Risk 98

Herding Cats

NOVEMBER 27, 2016

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.

Estimate 36

Estimate 2015 Governance Government 36

Herding Cats

DECEMBER 29, 2017

To make some conjecture that some process will fix the problem - Estimates are the smell of dysfunction and NOT Estimating will fix that dysfunction - is naive at best and willfully ignorant of Root Cause Analysis at worse. Avoid Verbal Orders is a critical process in any critical situation. Related articles.

Process 56

Process Estimate Engineering Performance Measurement 56

Herding Cats

MARCH 20, 2018

Estimating Software-Intensive Systems: Project, Products, and Processes , Richard D. Stutzke is a starting point for estimating software projects. I recommend it for anyone starting out in the estimating business all the way to seasoned veterans. First, let's look at some established definitions.

Estimate 31

Estimate Manufacturing Risk Management Budget 31

Herding Cats

JUNE 11, 2017

There's a blog post from a few years back that has resurfaced The 5 Laws of Software Estimates. Law of Software Estimating. Fact of Software Estimating. Estimates are waste. To those paying the developers, estimates provide actionable information needed to make decisions: Can we afford to develop this feature?

Estimate 37

Estimate Software Manufacturing Information Technology 37

TrustRadius Project Management

OCTOBER 27, 2022

With an ERP you can maximize daily business processes like optimizing workflow with project management tools or expediting the procurement process. A good chunk of the ERP market is dominated by buyers from manufacturing companies. You can also take a look at Enlyft’s list of ERPs and their estimated market shares here.

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

TrustRadius Project Management

OCTOBER 27, 2022

With an ERP you can maximize daily business processes like optimizing workflow with project management tools or expediting the procurement process. . If you want to learn more about ERP capabilities, you can see Oracle Netsuite’s feature list as well as Oracle’s article background ERP software.

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

Herding Cats

MAY 11, 2018

There's a fallacy used by some in the software development business, that estimates are not needed to make decisions in the presence of uncertainty. And of course to manage in the presence of uncertainty and the resulting risks we need specific processes and practices based on principles. . Related articles.

Estimate 39

Estimate 2015 Controlling Closing 39

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

NOVEMBER 3, 2017

The behavioral aspects of these decisions involve individuals, organizations, processes, procedures, and governance principles. . You're NOT going to increase the probability of success in the presence of uncertainty without making estimates of the aleatory and epistemic uncertainties the create project risk. Related articles.

Estimate 34

Estimate Governance Government Manufacturing 34

Rebel’s Guide to PM

FEBRUARY 1, 2017

This is a guest article by author Edoardo Binda Zane. Granted, if the budget you build in the proposal phase is carefully put together and everything goes according to plan, you will end up using that directly as your project budget, but for the purposes of this article, let’s just stick to the proposal phase. This is a core point.

Budget 150

Budget Planning Estimate 2008 150

Herding Cats

APRIL 14, 2018

Software engineering economics is a topic that addresses the elements of software project costs estimation and analysis and project benefit-cost ratio analysis. This randomness comes from the underlying uncertainties (Epistemic and Aleatory) in the processes found in the development of the software.

Process 45

Process Estimate Software Developers Software Development 45

Wrike

FEBRUARY 4, 2021

Whether manufacturing physical products or providing digital services, most businesses follow some sort of process to deliver the proverbial goods. When Motorola set a goal of achieving Six Sigma in its manufacturing, it meant that the company was striving for less than 3.4 Six Sigma explained.

Lean 78

Lean Certification Transportation Manufacturing 78

Herding Cats

FEBRUARY 7, 2018

Related articles. Architecture -Center ERP Systems in the Manufacturing Domain. Why Guessing is not Estimating and Estimating is not Guessing. IT Risk Management. Herding Cats: Physical Percent Complete: Knowing When You Are Done.

Process 35

Process Technical Review Engineering Manufacturing 35

Wrike

JULY 28, 2023

In the world of manufacturing and production, efficiency is a key factor in achieving success. In this comprehensive guide, we will explore the basics of production scheduling, the key elements involved, and the steps to master this vital process. One essential aspect of efficient production is effective scheduling.

Technical Review 36

Technical Review Manufacturing Software Review Artificial Inteligence 36

MPUG

FEBRUARY 19, 2024

Our team at Envorso, a boutique consulting company comprised of West Coast software and Rust Belt manufacturing leaders from companies like Microsoft, Ford Motor Company, Meta, and Rivian, has been front and center for this massive transformation. Once the system was built, it took just a matter of days to run through the process.

Generative AI 52

Generative AI 2024 Software Review Artificial Inteligence 52

LiquidPlanner

NOVEMBER 7, 2019

He created this dashboard to make the process more efficient. . Everyone’s business processes are different, but we recommend always including Helpful Links and Videos. Gretchen works with a lot of our larger manufacturing customers, and many of them find this team dashboard useful in their day to day processes.

Estimate 121

Estimate Manufacturing Project Cost SCRUM 121

Velociteach

JANUARY 5, 2023

Manufacturing was still dominated by skilled craftspeople with apprentice labor. Complicated processes were decomposed, standardized, and made more efficient. The responsibility for defining work processes, setting and maintaining the pace, and training shifted from labor to management. Farming was still the primary occupation.

Lean 52

Lean 2023 Manufacturing Estimate 52

Productivity Land

MARCH 21, 2023

In this article, we will discover the various steps you can take to start a successful data science career in the US. It is estimated that the data science market in the US will reach $116 billion by 2027 from an estimated $31 billion in 2019. This shows a compound annual growth rate (CAGR) of 14.7%.

Artificial Inteligence 67

Artificial Inteligence 2027 2019 Certification 67

Wrike

JULY 29, 2023

The usefulness of Gantt charts quickly spread beyond manufacturing and found applications in various industries, including marketing. Estimating task durations requires careful consideration of various factors, such as the complexity of the task, available resources, and potential dependencies.

Manufacturing 36

Manufacturing Engineering Technical Review Software Review 36

Binfire

NOVEMBER 5, 2017

We have covered in this article what makes a task management tool great and what features needed to make planning and tracking projects easier and more accurate. . Task management software should enable the project manager to plan projects and estimate the likely finish date as close as possible to the actual date.

Software Review 92

Software Review Software Estimate Manufacturing 92

Herding Cats

APRIL 13, 2017

When process improvement starts with the solution, it's common to anchor this improvement on the Bad Apple syndrome. They had written a driver for a CalComp bed plotter to plot our 3D piping diagrams (ISOs) and were getting ready to approach laser printer manufacturers. Related articles. That protocol was called PostScript.

Process 40

Process 2005 Manufacturing Engineering 40

Ganttic

AUGUST 28, 2016

And according to an old but still relevant article by Belassi and Tukel, it was important 20 years ago, too. If you are working in defense, utilities, environmental or manufacturing - know the status of your resources. Although it was rated second in utilities and manufacturing, and third in environmental and defense.

Planning 60

Planning Manufacturing Construction Influencer 60

Herding Cats

MARCH 17, 2019

Here are my collected works, presentations, briefings, journal papers, articles, white papers, and essays, used to increase the Probability of Project Success (PoPS) I've developed and applied over my career in the software-intensive system of systems domain. Managment Processes. How to Develop Credible Cost & Schedule Estimate.

2003 54

2003 2011 2008 Performance Measurement 54

MPUG

SEPTEMBER 8, 2019

It has been and is being used for manufacturing, engineering, construction, testing, and many other project processes that require iterations or iterative working sessions leading to a final result. As we know, Agile, like any methodology, helps to create processes, procedures, and ultimately results. Understanding Agile.

Agile 89

Agile Technical Review Software Review 2006 89

LiquidPlanner

JUNE 29, 2017

“As enterprise application buyers are moving toward a cloud-first mentality, we estimate that more than 50 percent of new 2017 large-enterprise North American application adoptions will be composed of SaaS or other forms of cloud-based solutions,” says Sid Nag , research director at Gartner. billion, up from $209.2

Software Review 112

Software Review Software Technical Review 2017 112

Herding Cats

OCTOBER 5, 2018

The primary purpose of software estimation is not to predict a project’s outcome; it is to determine whether a project’s targets are realistic enough to allow the project to be controlled to meet them ? The difficulty of accurate size estimation is compounded especially at the time of inception when very little information is available.

2012 48

2012 2007 2011 2010 48

International Institute for Learning

JUNE 22, 2022

Despite our rudimentary technology, we were (in my estimate) at least as productive and less stressed out than most people are today. I can write the first draft of an article in 2-hours—it, then, takes another 10-hours to edit. Kanban is a flow-based management practice initially developed to reduce inventory and manufacturing costs.

Technical Review 52

Technical Review Lean Software Review PMI 52

Appfluence

MARCH 23, 2021

Operations management is a business field that manages the processes of producing and distributing products and services. It often includes substantial measurement and the analysis of all the internal processes. Accountability : This principle is key when running a manufacturing operation. What Is Operations Management?

Underperforming Technical Team 68

Underperforming Technical Team Manufacturing 2017 Engineering 68

Herding Cats

FEBRUARY 3, 2018

Project baseline, budget estimates accuracy, schedule and project phasing, effective project performance (reviews) and measurement - 8.96%. Mature, effective project management change control process; effective deviations handling & configuration control 1.64%. Related articles. client, contractors, etc) 2.37%.

Logistics 47

Logistics Technical Review Manufacturing Sustainability 47