Remove Engineering Remove Project Cost Remove Risk Management Remove Software Engineering
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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A

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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. reducible and irreducible ?

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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Software engineering economics." IEEE Transactions of Software Engineering, 1 (1984): 4-21.

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Software Estimating Resources

Herding Cats

The reason for this resource page is the lack of understanding of how to estimate, the urban myths about software estimating, and the fallacies that estimating is not needed, when developing software, in the presence of uncertainty, when spending other peoples money. Flint, School of Management, Working Paper Series, September 2005.”.

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Estimating is a Learned Skill

Herding Cats

Estimating is a learned skill, used for any purpose from every-day life to management of projects. The primary purpose of software estimation is not to predict a project’s outcome; it is to determine whether a project’s targets are realistic enough to allow the project to be controlled to meet them ‒ Steve McConnell.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Turns out in the real world there is no such project. Uncertainty is related to three aspects of the management of projects: The external world - the activities of the project itself. Our knowledge of this world - the planned and actual behaviors of the project. One starting point is the value at risk.

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

PM Basics

Project Budget is a tool that calculates the total funds authorized to execute the project. Projeudget Template includes planned expenses for all project activities, including wages, materials, fees, risk reserves, etc. Project Budget is created based on Activities List. Step 6: Perform Risk Management Activities.

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