Workamajig

JANUARY 11, 2021

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Herding Cats

JANUARY 23, 2018

SThe schedule is non-linear from its network topology and naturally occurring variances (Aleatory uncertainty) and probabilistic events Epistemic uncertainty) based risks. Cost is measured in dollars and schedule is measured in time. Cost is a linear summation of the work breakdown structure.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44

Herding Cats

NOVEMBER 29, 2017

The IMP is an Event-based plan consisting of a hierarchy of program Events, with each event being supported by specific Accomplishments, and each Accomplishment associated with specific Criteria to be satisfied for its completion. Most IMPs in development programs include Events for major design reviews such as PDR or CDR.

Planning 42

Planning Software Review Governance Government 42

Herding Cats

FEBRUARY 9, 2018

I've seen estimates abused by bad managers, so let's NOT estimate and that will fix the behavior of Bad Managers." While the human behaviors are real and observable, conjecturing that decisions can be made in the presence of uncertainty without estimating the outcome of those decisions, there is no principle to support that conjecture.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

Herding Cats

MARCH 11, 2018

When we hear about software development disasters and then hear that estimates are to blame, and NOT Estimating will somehow reduce or prevent these disasters, think again. Risk has three primary components: Probability of the activity or event occurring or not occurring, described by a Probability Distribution Function.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Herding Cats

NOVEMBER 5, 2018

In a previous post, Why Johnny Can't Estimate , mentioned some resources for estimating, the principles of business and technical management that demand estimates be made to make decisions, and background on the sources of uncertainty, that create risk, that require estimating to increase the probability of project success.

Software Review 34

Software Review Technical Review Estimate Software Developers 34

Herding Cats

AUGUST 5, 2017

Risk management is concerned with the outcome of future events, whose exact outcome is unknown, and with how to deal with these uncertainties. Outcomes are categorized as favorable or unfavorable, and risk management is the art and science of planning, assessing, handling, and monitoring future events to ensure favorable outcomes.

Risk Management 42

Risk Management Risk Estimate Underperforming Technical Team 42

Herding Cats

JANUARY 29, 2018

The principles of microeconomics of decision making in the presence of uncertainty mandates you make estimates of how to achieve that Value in terms of cost and schedule, those three (and all) variables are random variables, usually driven by a stochastic process. There's a popular notion in Agile that says Focus on Value.

Manufacturing 40

Manufacturing Estimate Risk Management Budget 40

MPUG

JUNE 1, 2022

I mentioned the five star because I saw this event is up on PMI. Meaning to say creating value, organizational governance and systems, functions associated with projects, the project environment, and product management considerations all provide the context for how project management could be conducted. Jeff, a big MPUG welcome back.

PMI 59

PMI Software Review Estimate Risk Management 59

Herding Cats

JUNE 9, 2018

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others.

Transportation 39

Transportation Software Engineering Finance 2011 39

Herding Cats

JUNE 9, 2018

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others.

Transportation 28

Transportation Software Engineering Finance 2011 28