Sat.Apr 29, 2017

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Debt is not all bad

Musings on Project Management

Debt is not all bad; it's not living beyond you means if you have the means -- and commitment and discipline -- to pay it back. In fact, debt can be a source of leverage, a means of managing risk, and a means to bring the future closer to the present. And so it is in the metaphor of technical debt in a project. Technical debt has been around as long as there have been projects.

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How to Talk About Estimates

Herding Cats

What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something. An estimate as a verb is to roughly calculate or judge the value, number, quantity, or extent of. But those estimates, nouns, and verbs themselves's have other attributes. They have precision and accuracy. We can't talk about estimates or estimate, without also talking about the precision and accuracy of the estimate (the noun) after we have performed the