Productivity Land
FEBRUARY 15, 2023
To ensure the success of your project, you must keep track of the money you spend on it. However, if you’re new to managing projects, keeping track of the money you spend might be a huge hassle. That’s why we made this budgeting primer: How to track project cost. Alright, let’s just jump right in.
Project Pulse Journal
NOVEMBER 24, 2023
With a Monte Carlo analysis, you can assess project risks, determine the likelihood of occurrence, and turn the 'what-ifs' into tangible predictions. Let's tackle this journey to understand Monte Carlo Simulation in Project Risk Management. The costs being analyzed are Engineering, Marketing, and Information Technology (IT) Equipment.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Herding Cats
MAY 10, 2019
Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Risk and Decision Analysis – Framework and Current Development,” Aron Larsson, Risk and Decision Analysis Lab, Department of Information Technology and Media, Mid Sweden University. “On
Herding Cats
MAY 11, 2019
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. Information Technology Risk Management,” Michael J.
Herding Cats
APRIL 16, 2019
Surviving the Matrix Organization , The common picture of the project manager in a matrixed organization is of a frustrated diplomat struggling to cajole the functional departments into performing the work on schedule and within budget. Project and Program Management Symposium, Canberra, Australia, 2018.
Herding Cats
FEBRUARY 23, 2016
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?
Herding Cats
FEBRUARY 9, 2019
In our software-intensive system of systems domain, we develop proposals with 80% confidence of completing on time and on budget at the time of submission. The ±10% value has no context (as usual), but that range is certainly possible using the processes of probabilistic modeling of the project. . Both of these actions cost money.
Expert insights. Personalized for you.
70 
Let's personalize your content