Estimate Finance Governance Performance Measurement 
Herding Cats
AUGUST 27, 2017
There's a recent post titled Four Fallacious Reasons to Estimate. It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. Let's look at each one in more detail.
Epicflow Blog
APRIL 25, 2024
” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time. Beyond just time, buffers can cover finances, manpower, and more.
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Wrike
JUNE 11, 2023
These frameworks involve the use of statistical techniques, probability theory, and mathematical formulas to estimate the likelihood and impact of risks, calculate expected values, and determine risk exposure. It provides a set of control objectives, best practices, and management guidelines for effective risk management and IT governance.
Epicflow Blog
OCTOBER 16, 2023
” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time. Beyond just time, buffers can cover finances, manpower, and more.
Herding Cats
JUNE 4, 2016
It is wrong to suppose that if you can’t measure it, you can’t manage it – a costly myth. This is used in support of the fallacy that estimates aren't needed to make decisions in the presence of uncertanty. Technical Performance Measures. Why Guessing is not Estimating and Estimating is not Guessing.
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.
Wrike
NOVEMBER 7, 2018
Government – Federal. Government – City/State/Local. Estimated Project-Oriented Job Openings 2010-2020: . Popularity by Industry: Finance – 87%. Implement/enhance performance measurement process – 39%. [13]. Finance – 93%. Inadequate cost estimates – 29%. Inaccurate task time estimate – 27%.
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