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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Uncertainty is related to three aspects of the management of projects: The external world - the activities of the project itself. Our knowledge of this world - the planned and actual behaviors of the project. The risk is created when we have not accounted for this natural variances in our management plan for the project.

2003 46
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Asana vs. Wrike: Compare Asana Alternatives

Wrike

Wrike and Asana are two of the most popular project management tools on the market today. This article shares the key differences between Wrike vs. Asana. You can assess and anticipate projects’ needs to improve project planning and facilitate cross-team collaboration. Detailed reports.

2006 36
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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Taxonomy-Based Risk Identification,” Marvin Carr, Suresh Konda, Ira Monarch, Carlo Ulrich, and Clay Walker, Technical Report, CMU/SEI-93-TR-6, Software Engineering Institute, June 1993.

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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. Management of Novel Projects Under Conditions of High Uncertainty,” A.

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Project Budget Example: How to Create an Accurate Project Budget for Junior Project Managers

PM Basics

Project Budget is a tool that calculates the total funds authorized to execute the project. Projeudget Template includes planned expenses for all project activities, including wages, materials, fees, risk reserves, etc. Project Budget is created based on Activities List. Step 2: Create Project Scope Statement.

Budget 82
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A Wrap Up of the #NoEstimating Conjecture Analysis to Date

Herding Cats

This Does Not Scale - If there are software development projects that can be executed without knowing how much it will cost in the end (an open ended spend plan), or projects where the budget is capped (a Not To Exceed Number) and we don't really need to know the upper bound of the features to be delivered, how large can this notion scale?

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Software Estimating Resources

Herding Cats

“Effort Estimation of Use Cases for Incremental Large-Scale Software Development,” Pareastoo Mohagheghi, Bente Anda, and Reidat Conradi, Proceedings of the 27th international conference on Software engineering. Software Development Effort Estimation using Fuzzy Bayesian Belief Network with COCOMO II,” B. 9, Issue 3, No.