The IIL Blog

OCTOBER 17, 2023

Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. Milestone A specific point or event in a project is used to track progress and mark achievements.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Herding Cats

OCTOBER 5, 2018

Risk Management is How Adults Manage Projects - Tim Lister. There is a discussion of the conjecture that estimates are a waste, estimates can't be done, estimates are evil, estimates must be stopped immediately. 1) Epistemic Uncertainty from probabilistic events. In all cases, we start our work with.

Estimate 40

Estimate Engineering Software Engineering Software Developers 40

Herding Cats

NOVEMBER 30, 2017

All software development projects operate in the presence of uncertainty. The design and development of software must rely on estimation, forecasts, and predictions based on an idealized understanding of what is an unknown (but knowable) understanding of reality. This is a Risk Communication issue.

Software Developers 34

Software Developers Software Development Software Estimate 34

MPUG

APRIL 29, 2020

Please find below a transcription of the audio portion of Oliver Gildersleeve’s Analogous and Parametric Estimating Schedule Template webinar being provided by MPUG for the convenience of our members. The new schedule template covers both analogous and parametric estimating features. Oliver: Thank you Kyle.

Estimate 52

Estimate Software Review Risk Management Risk 52

Herding Cats

MARCH 18, 2018

There is a popular fallacy in the Agile community that small batch sizes are Risk Management. What small batches do is provide information that informs risk management at a fast rate. This analog signal is the underlying dynamics of the software development process. Specific actions must be taken to manage the risk.

Risk Management 41

Risk Management Risk Estimate Closing 41

Herding Cats

NOVEMBER 27, 2016

An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future.

Estimate 36

Estimate 2015 2017 Governance 36

Planio

APRIL 22, 2024

According to some estimates , PMs spend 90% of their time communicating with team members, sponsors, and stakeholders. This is because these documents are often tied to important events or decision-making points where stakeholder engagement and alignment are essential to progress. Project managers are born communicators.

Executing 88

Executing Fractional CTO Technical Review CTO Hire 88

LiquidPlanner

MARCH 16, 2022

Besides simply saving time by repurposing an effective project plan, you also will be less likely to overlook important tasks or input inaccurate task estimations. Events beyond our control can cause chaos to our project plan. Reusing project plans helps to reduce the uncertainty so we can ensure our own luck.

Software Review 199

Software Review 2022 Budget Software 199

MPUG

APRIL 2, 2024

The project manager will also need to manage assumptions and risks related to the project. Scrum is a framework that can be used in a variety of different industries, including software development, marketing, product design, and many others. The project manager will also want to identify project constraints.

Certification 52

Certification PMI Logistics Construction 52

Herding Cats

FEBRUARY 14, 2018

Yesterday's Post Epistemic Uncertainty Creates Reducible Risk and What Is Risk? Risk is not there to be mitigated, it's there to be eliminated. Risk is the result of uncertainty, which comes in two kinds for all projects, for everything actually. Irreducible Schedule Risk. This, of course, is not factually true.

Risk 37

Risk Estimate Manufacturing Risk Management 37

Herding Cats

MARCH 21, 2018

Firm-fixed-price contracts are depicted as existing on the extreme left of the continuum of risk. As we progress through the various fixed-price flavors and into cost-type contracts, the assertion is that risk shifts from the vendor to the supplier. . All Risk is Created by Uncertainty . But this is not the whole story.

Risk 47

Risk Estimate Risk Management Manufacturing 47

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. requires making estimates) ? Risk Management Papers. “A

Risk Management 38

Risk Management Risk Technical Review 2002 38

ProProfs Project Management

JANUARY 21, 2020

Any work, task, activity, situation, or event that is either dependant on the project right now or sometime in the future. . Any situation or event that can cause problems in project execution. . It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. Optimistic Duration.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

Scrum.org

OCTOBER 16, 2022

How do you estimate the impact on the throughput when adding new people to the team? And from scientific research to software development. It offers five repeating events to work on three artifacts, three accountabilities to support this plus several principles & rules to glue this together into a cohesive whole.

SCRUM 178

SCRUM Agile Controlling Defining 178

Herding Cats

MAY 11, 2019

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. requires making estimates) ?

Risk Management 35

Risk Management Risk Technical Review 2002 35

Scrum.org

AUGUST 21, 2022

However, the Product Owner should not be telling Developers how to accomplish their work, nor should they demand that Developers perform more work in a Sprint than the Developers think is reasonable. The Product Owner owns the Product Backlog, but Developers own the Sprint Backlog. . Can the Product Owner push for more?

SCRUM 179

SCRUM Underperforming Technical Team Agile Risk Management 179

International Institute for Learning

DECEMBER 7, 2022

The most common applications of AI are expected to be part of estimating and controlling project cost and time, as well as resource management by determining the strength of employee qualifications from assignments to selected project activities. Advances in software development. Risk Management. Bibliography.

Artificial Inteligence 96

Artificial Inteligence Technical Review 2022 2020 96

Wrike

SEPTEMBER 2, 2023

A project budget plan provides a comprehensive overview of the financial aspects of the project, including the estimated costs, resources required, and potential risks. Additionally, a well-designed budget plan helps identify potential risks and uncertainties associated with the project.

Budget 36

Budget Controlling Planning Technical Review 36

Planio

JULY 4, 2022

Agile ceremonies — also known as Scrum ceremonies or just ‘events’ — are specific events that provide a structured framework for iterative software development processes. Agile is an umbrella term for different iterative and feedback-driven software development processes.

Agile 88

Agile Technical Review Development Team Review Software Review 88

MPUG

SEPTEMBER 15, 2020

I eventually learned it stood for “Scientific Wild-A** Guess,” which really meant a high-level estimate, a ball-park number, or guesstimate. A Lessons Learned Register : Review lessons learned from past projects or from a Lessons Learned Register to find effective estimates for resources and durations.

Software Review 69

Software Review Estimate 2017 Technical Review 69

Herding Cats

MAY 8, 2016

ways to make decisions with No Estimates. Uncertainty of course is present in all software development work both reducible and irreducible uncertainty. can we make a decision in the presence of Uncertainty without making an estimate of the impact or outcome of that decision? An estimate is. It's a fallacy.

Estimate 28

Estimate Underperforming Technical Team Software Governance 28

nTask

DECEMBER 22, 2021

They encompass everything from the software development process to construction management. As we discussed earlier, the agile framework has a sprint planning event that is perfect for establishing a developmental plan and goals for any and every upcoming sprint in the project development process. How is it so effective?

Planning 78

Planning Agile Development Team Review 2022 78

Herding Cats

MARCH 17, 2019

Business, Technical, Systems, Risk, and Project Management. Establishing the Performance Measurement Baseline , PMI, Northen Utah Chapter, Professional Development Day, 2012. Event-Based Scheduling , 10 November 2006. Product & Process Development Kaizen , LPPDE, Denver, Colorado, April 21-23, 2008. Risk Management.

2003 54

2003 2011 2008 Performance Measurement 54

Wrike

SEPTEMBER 3, 2023

PERT charts provide a visual representation of a project’s tasks, their dependencies, and the estimated time needed to complete each task. Nodes (events): Represent individual tasks or milestones within the project. Estimated time durations for each task: Allow project managers to gauge the overall timeline of the project.

Software Review 36

Software Review Construction Estimate Underperforming Technical Team 36

The IIL Blog

DECEMBER 10, 2018

By Susan Parente | Risk Management Guru – Agile Generalist – Instructor and Consultant, IIL. If you decide to have a daily stand-up meeting and let it run over 15 minutes, you’re not actually doing the practice of a daily stand-up, as it is a time-boxed event). Relative sizing/estimating. Team retrospectives.

Agile 116

Agile PMI SCRUM Consulting 116

Herding Cats

MARCH 11, 2017

What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. There is a probability of an event. First, let's establish a principle.

2003 46

2003 2014 2015 2011 46

Leading Agile

NOVEMBER 13, 2018

What are the limitations and risks of metaphor? More on this later under the heading of “risk.” “Velocity” in software development doesn’t mean velocity. ” What are the Limitations and Risks of Metaphor? Estimated hours completed? What is a metaphor not ? Story points?

Software Review 113

Software Review Underperforming Technical Team Software Developers Software Development 113

Herding Cats

JULY 8, 2018

One of the books used by a vocal No Estimates advocate is Black Swans by Nassim Taleb. This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development. A Black Swan is a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations.

2002 34

2002 2008 Technical Review Software Review 34

PM Basics

MAY 26, 2020

Both roles may do similar software development projects. However, software development PM usually focuses on creating custom software. While a digital PM works on setting up and using existing software, or putting a system out of separated solutions. Project on the organization of events.

Logistics 71

Logistics Certification Software Review Technical Review 71

nTask

DECEMBER 23, 2021

The effectiveness of these tools is a fact considering there are 47% of companies that say using project management software has had a positive impact on the accuracy of project cost estimates. Due to the increasing demand for software solutions, an astounding number of PMP software free have emerged over the past few years.

2022 78

2022 Software Review Software Technical Review 78

Herding Cats

JULY 8, 2018

One of the books used by a vocal No Estimates advocate is Black Swans by Nassim Taleb. This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development. A Black Swan is a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations.

2002 28

2002 2008 Technical Review Software Review 28

Planio

JUNE 19, 2023

In fact, studies have shown that around 27% of projects fail because of inaccurate task estimates, with another 11% failing due to undefined task dependencies. navy in the 1950s, the Program Evaluation Review Technique (or PERT) helps project managers worldwide estimate, plan, and visualize their projects in a way that allows them to succeed.

Planning 15

Planning Development Team Review Estimate Technical Review 15

Herding Cats

FEBRUARY 27, 2017

The Developers and the Customers in the software development world. Both these uncertainties create a risk to the success of the project. The Developers and the Customers in the software development world. Both these uncertainties create a risk to the success of the project.

Estimate 28

Estimate Software Developers Software Development Engineering 28

Herding Cats

MARCH 29, 2017

In the absence of external forces, the naturally occurring and event based uncertainties of all project work creates risk to the project's success through the variances that result - the Entropy of the Project drives this risk created by uncertainty. Estimates are needed to manage in the presence of uncertainty.

Energy 28

Energy Estimate Software Developers Software Development 28

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

Teamweek

JANUARY 19, 2024

Project estimates help you determine how actual work compares to your assessments. In addition, Toggl Track also connects with popular calendar applications and shows meetings and other events on the Timeline view. Your staff will also risk falling behind, becoming demotivated, and unproductive.

Software Review 52

Software Review Consulting Software Developers Software Development 52

Herding Cats

JULY 10, 2018

This is used by #Noestimates by stating I know people who successfully do not estimate. This is common when we read about examples of a decision being made without estimating and a positive result occurred, thus confirming that a decision can be made without an estimate of the outcome.

Estimate 31

Estimate Finance Software Developers Software Development 31