Remove Budget Remove Governance Remove Risk Remove Software

How to Keep Your Projects On-Time and On-Budget

Arras People

Deltek is the latest member of the Arras People Software Directory , in this article they give a brief overview of how projects can be controlled and how software can help with this. companies and government agencies an estimated $145 billion per year!

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7 Tips for Easily Improving Project Risk Management with templates

Girl's Guide to PM

Risk management is a staple skill of project managers. However, project risk management is something that many project managers find tricky. The theory is easy – implementing risk management successfully so that it is actually useful on the project is a little bit harder.

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How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

A robust risk culture goes beyond having a strong basic risk management process. Some of my readers may hope to influence the risk culture of their whole organization. For you, the right aspiration is to build a positive risk culture within your project.

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How to Fund a Software Development Project

ProjectManager.com

A critical success factor for a software development project is how it is funded. But greater flexibility generally requires a more skillful approach to governance and project management. In this blog I’ll explore several common options for funding software development projects.

2019 331

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Risk Management Papers. “A

Risk 45

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.

Risk 42

Project Cost Management – The Essential Things to Know and Do

Online PM Courses

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. What is not negotiable is the budget. The governance considerations for project cost management. Determine Budget.

Software Estimating Resources

Herding Cats

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. Cost Modeling Agile Software Development,” Maarit Laanti and Petri Kettunen, International Transactions on Systems and Applications, Volume 1 Number 2, pp.

What’s Worse Than Not Automating Your Software Delivery Pipeline?

Leading Agile

An unattended software delivery pipeline frees technical staff to spend more time on value-add activities rather than tediously performing repetitive tasks by hand, such as. But there’s a risk that people will get excited about automation and get ahead of themselves. Sounds good.

Software Intensive System of Systems

Herding Cats

The domain I work in is categorized as Software Intensive System of Systems (SISoS). The development of the software and sometimes the development of the hardware is done in an agile manner, using one of several Agile development methods - SAFe, Scrum for example.

2001 39

What's Missing from the Agile Software Development Paradigm

Herding Cats

Agile software development is framed by a manifesto , a set of 12 principles, several methods. These are all focused on developing software, delivering that software to those paying the developers. Why This Missing Concept is Important to Agile Software Development? .

Software Intensive System of Systems

Herding Cats

The domain I work in is categorized as Software Intensive System of Systems (SISoS). The development of the software and sometimes the development of the hardware is done in an agile manner, using one of several Agile development methods - SAFe, Scrum for example.

2001 36

Economics of Software Development

Herding Cats

For example, about which software to buy, which Features in the development backlog should be implemented next, what prices to charge for products and services. Software development is an exercise in microeconomics, since it deals with limited resources - time, cost, and what value is produced in exchange for the time and money. Since uncertainty creates risk, managing in the presence of uncertainty is Risk Management. Economics of Software Development.

Compendium of Works to Increase Probability of Project Success

Herding Cats

Here's a collection of presentations, briefings, papers, essays, book content used to increase the Probability of Project Success (PoPS) I've written and applied over my career in the software-intensive system of systems and other domains. Risk Management (#RM). Risk Management .

2003 45

Your Crash Course on PPM Software

Project-Management.pm

There is no magic cure to fix these issues overnight, but there is somewhat a solution to make jobs easier and create balance in the system: these are the PPM Software. What You Need to Know About PPM Software. Project Portfolio Management (PPM) software warrants managers in charge to deal with advanced project endeavors easier. Additionally, PPM software enables teams or staff to collaborate or share ideas, as well as create comprehensively organized schedules.

2017 72

The Best Strategic Planning Software for Teams

Teamweek

To make this process easier, there are loads of strategic planning software programs available online. Before you go out and pick the first one you can find, it’s important to understand some key features it should have: Ready-made software.

The Best Strategic Planning Software for Teams

Teamweek

To make this process easier, there are loads of strategic planning software programs available online. Before you go out and pick the first one you can find, it’s important to understand some key features it should have: Ready-made software.

Why You Need to Project Portfolio Management Software Right Now ?

Project-Management.pm

Software tools and metrics play a big role in improving a project. They also make tasks easier and enable users to save budget and schedule, all the while delivering the product or service within the deadline. Speaking of software, there are thousands of them cropping up in the market, catering to various needs of an organization. Some software falls into one spectrum and they focus on organizations that have similar needs or issues. Portfolio Governance Management.

2017 76

Is Software Development Art or Engineering

Herding Cats

I started my career as a Software Engineer , writing Fortran 77 signal processing algorithms to find and track missile launchers in the middle eastern desert. Signal processing is a domain of software development well suited to the paradigm of engineered systems. But there are software systems where testing is necessary but not sufficient. . Software-intensive systems include: . So when would a software system NOT be Engineered to fit the Needs of the Customer?

How to Talk About Estimates

Herding Cats

The best starting point for determining the NEEDED precision and accuracy is to determine the Value at Risk. . IT Risk Management. What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something.

Cost Estimation for Projects: How to Estimate Accurately

ProjectManager.com

Good cost estimation is essential for keeping a project under budget. Projects bring risks, and risks bring unexpected costs. government has identified a 12-step process that results in reliable and valid cost estimates.

Is Macroeconomics and Social Science the Same as Software Development?

Herding Cats

There a popular notions in the agile development world that authors like Hayek and Taleb speak to how software development works. Let's look at the thesis of Hayek in light of software development and the decisions that must be made when spending other people's money in the presence of uncertainty. He was not a program manager of engineered to order software intensive system of systems. Macroeconomics is the dismal science - treat it as such when developing software.

2016 36

Agile Project Management Methods

Herding Cats

From the point of view of Software Intensive System of Systems, here's how we've learned to manage development using Agile. They have not to exceed budgets , they have emerging requirements built on baselined Capabilities.

Agile 49

GAO Cost Estimating and Assessment Guide Applied to Agile

Herding Cats

There are not specific to Agile Software Development. Uncertainty creates risk. Risk Management is how Adults Manage Projects - Tim Lister. You're late and over budget before you start, and have lowered the probability of technical success. Conduct Schedule Risk Analysis.

Connecting "What" with "How" - and the Failure to Understand the Principles of Systems Engineering and Systems Management

Herding Cats

The original agile author's quote shows that systems engineering is missing from his development of software using Agile. In most of the software development, this notion is missing - hence the quote that What is divided from How. It's been said by an agile voice that.

Cone of Uncertainty

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. Aleatory and Epistemic uncertainties, which create risk to the success of the project. Since all project work contains uncertainty, reducing this uncertainty - which reduces risk - is the role of the project team.

What Is a Project Sponsor? Defining This PM Role

ProjectManager.com

For example, a government project is going to have a state official as project sponsor who will work with the construction company’s project manager. Governance. Makes sure that risks and changes are managed. They can be government regulatory agencies, landowners, etc.

Cone of Uncertainty - Part Cinq

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Inadequate assessment of risks and unmitigated exposure to these risks with proper handling plans. Software Eng.,

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How to Make a Contingency Plan

ProjectManager.com

Contingency plans are used by smart managers who are aware that there are always risks that can sideline any project or business. Governments, for example, use them to prepare for disaster recovery or economic disruption. What Are the Key Risks?

10 Places to Get Free Project Management Templates

Girl's Guide to PM

If you are looking for information on project budgeting, check out my blog over at ProjectManagement.com, The Money Files. ProjectManager.com is a software tool, but they have a massive set of resources that work without their software. You’ve got responsibility for a project.

2019 401

The 7 Habits of Successful Project Managers

ProjectManager.com

Your job is to determine the approach that will give you and your team the best chance of delivering your project safely, accountably, on time and to budget. By now, I am sure many readers will be familiar with Tim Lister’s wise comment that: “ Risk management is how adults manage projects.”.

2018 425

Cone of Uncertainty - Part Deux

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. Aleatory and Epistemic uncertainties, which create risk to the success of the project. Either the team itself, the Project or Program Manager, or on larger programs the Risk Management owner. .

Deconstructing the Hertz and Accenture Debacle

Herding Cats

This approach is guided by the processes for Root Cause Analysis on Software Intensive System of Systems project I've worked. Root Cause Analysis is Risk Management, that asks the question what is the condition or activity that will create a risk to the success of our project?

Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Inadequate assessment of risks and unmitigated exposure to these risks with proper handling plans. Software Eng.,

2017 40

Cone of Uncertainty - Part Trois

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Inadequate assessment of risks and unmitigated exposure to these risks with proper handling plans. Software Eng.,

2007 36

Crisis Management: How to Lead During a Crisis

ProjectManager.com

She had to do some budget cuts, but it also impacted human resources. The project came in hundreds of millions of dollars over budget, and it also impacted hundreds of people. In the team member scenarios, you must do your best to identify risks before the project even begins.

2019 375

DDSTOP The Saga Continues

Herding Cats

There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. This also meant developing software systems to support this effort. What is the Value at Risk for your Project?

2019 48

DDSTOP The Saga Continues

Herding Cats

There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. This also meant developing software systems to support this effort. Rarely are software engineers working on science experiments.

2019 44

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

Herding Cats

Software development is a Value Creaton activity, but Value cannot be determined unless we know the cost to produce that value and when that value will be available for use by those who of paid for that Value. For software development, those scarce resources are people, time, and money.

Biases in Project Management and How to Remove Them

Herding Cats

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. With these business principles of software development and projects in general, we can ask and answer five principles of project success.