Closing Estimate Project Cost Software Engineering 
Herding Cats
APRIL 14, 2018
For software development, those scarce resources are people, time, and money. Software engineering economics is a topic that addresses the elements of software project costs estimation and analysis and project benefit-cost ratio analysis. This is the foundation for estimates.
Herding Cats
MARCH 11, 2017
What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . If your project has no uncertainty, there is no need to estimate. Turns out in the real world there is no such project. All estimates have precision and accuracy. Accuracy - how close is the estimate to the actual value?
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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. requires making estimates) ? Management of Novel Projects Under Conditions of High Uncertainty,” A. IEEE Transactions on Software Engineering , Vol. De Meyer, C.
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. requires making estimates) ? Estimation of Long?Term
PM Basics
FEBRUARY 19, 2020
We’ll review the project budget example in just a minute. When you think about the project budget, what comes to your mind? I need accurate estimates. To create an accurate project budget, you need to identify 100% of project work. You can guess and make the high-level estimation that has a bullet-proof buffer.
Herding Cats
FEBRUARY 23, 2016
The conjecture that we can make decisions in the presence of uncertainty without estimating the impacts of those decisions is without any principles that can be tested beyond personal anecdotes of I know people who spend other peoples money without providing estimates. We need to learn how to predict with credible methods.
Herding Cats
FEBRUARY 9, 2019
40 - Estimation is a Problematic Practice of Companies Doing Dangerous Things. A #Noestimates advocate makes the claim that having a ±10% accuracy for estimates of cost and duration is a dangerous thing. Define the probabilistic ranges of the work in a single point estimate manner. Is this normal?
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