Remove Closing Remove How To Remove Project Cost Remove Software Engineering
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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

To know how much margin or reserve for irreducible uncertainties and performance of the of the redundancies we now need to know. For our credible estimate, we must have a desired and measurable: Precision - how small is the variance of the estimate? Accuracy - how close is the estimate to the actual value?

2003 46
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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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Asana vs. Wrike: Compare Asana Alternatives

Wrike

Available with the Enterprise and Wrike for Professional Services plans, Wrike’s financial project management software enables synchronized project scoping and budgeting for managers. You can set project cost baselines and monitor the progress and expenses as teams execute. Customization. No user-cap pricing.

2006 36
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Project Budget Example: How to Create an Accurate Project Budget for Junior Project Managers

PM Basics

Do you need a senior Android software engineer? Risk Management is a part of the project Cost Baseline! You, as a project manager, can’t provide specific estimates yourself. How to Find Rates for People’s Labor. How to Budget Variable Costs. Or a junior level will handle it?

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

Herding Cats

Here's some reading to help understand why its bunk and how to learn to estimate in the presence of uncertainty in order to make better decisions. We need to learn how to predict with credible methods. Software Estimating Taxonomy. How to get a "D" in the Freshman Finance Class. Books for Cost and Schedule Forecasting.

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DDSTOP The Saga Continues

Herding Cats

A #Noestimates advocate makes the claim that having a ±10% accuracy for estimates of cost and duration is a dangerous thing. With what appears to be NO understanding of how to estimate, this author ignores the processes used in developing products or services in the presence of uncertainty. Is this normal? That's a different question.