LiquidPlanner

JULY 13, 2022

Software like LiquidPlanner makes it easy to create an action plan against your goals. LiquidPlanner helps you estimate timelines by listing tasks and then applying ranged estimations. Perhaps your personal finances shifted from what you anticipated. What are your mid-year milestones?

Software Review 146

Software Review Underperforming Technical Team Estimate Budget 146

Herding Cats

OCTOBER 5, 2018

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. To be informed how to estimate in this broad range of domains, problems, and impacts — education, experience, and skill are needed. illities are a waste.

Estimate 40

Estimate Engineering Software Engineering Software Developers 40

Herding Cats

NOVEMBER 22, 2017

Paul Boos has a post about estimating and makes a case for the Principles of when NOT to estimate. This struck a cord around a bigger topic - the inversion of estimating. When should we NOT estimate? Then on to the original conjecture for No Estimates from Paul's post. That is, to make decision with “No estimates”.

Estimate 34

Estimate Governance Government Risk Management 34

Wrike

JUNE 11, 2023

By leveraging SOP templates, project teams can streamline their processes, reduce errors, and enhance overall project outcomes. This consistency is crucial for achieving quality, accuracy, and productivity in project processes. Consistency in project documentation and processes also fosters effective collaboration between team members.

Process 36

Process Software Review Construction Technical Review 36

Herding Cats

JUNE 18, 2017

Can you make a decision without an estimate? There are NO means of making a credible decision in the presence of uncertainty without estimating the outcome of that decision. Let's look at each of these from the point of view of Managerial Finance and Economics of Decision Making the presence of Uncertainty. First a principle.

Estimate 37

Estimate Risk Management Finance Risk 37

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.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Planio

APRIL 22, 2024

According to some estimates , PMs spend 90% of their time communicating with team members, sponsors, and stakeholders. The budget and scope remain on track, but there are risks to the project’s software development resources following a resignation. Project managers are born communicators. What is an executive summary?

Executing 88

Executing Fractional CTO Technical Review CTO Hire 88

Herding Cats

SEPTEMBER 24, 2017

SAs an early user (as a FORTRAN 77 developer on Software Intensive System of Systems for Ballistic Missle Defense systems), the principles of Iterative and incremental development, emergent requirements, customer in the loop , and other principles, practices, and processes found in Agile started long before the Agile Manifesto.

2003 56

2003 Process Governance Government 56

Project Bliss

FEBRUARY 21, 2018

That’s why it’s important to go through the process of identifying your project assumptions. Budget – estimated cost of the project. Finances – funding to complete the project. Technology – this could cover software development, platforms, environments, and infrastructure.

Technical Review 208

Technical Review Software Review Finance Monitoring 208

Herding Cats

OCTOBER 11, 2018

We can make decisions in the presence of uncertainty without estimating the outcome of that decision on our probability of success. Any criticism of the NO Estimates statement is met with being blocked from the discussion. Any criticism of the NO Estimates statement is met with being blocked from the discussion.

Estimate 38

Estimate Software Engineering Engineering Software Developers 38

Herding Cats

NOVEMBER 3, 2016

Since all risk comes from uncertainty - reducible (Epistemic) and irreducible (Aleatory), estimating is a foundation of all we do. There is no discussion of the conjecture that estimates are a waste, estimates can't be done, estimates are evil, estimates must be stopped immediately. illities are a waste.

Estimate 28

Estimate Software Engineering Engineering Risk Management 28

TrustRadius Project Management

OCTOBER 27, 2022

Enterprise resource planning ( ERP ) software is like a virtual task master for any complex business needs. With an ERP you can maximize daily business processes like optimizing workflow with project management tools or expediting the procurement process. How does ERP Software Selection Work?

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

TrustRadius Project Management

OCTOBER 27, 2022

Enterprise resource planning ( ERP ) software is like a virtual task master for any complex business needs. With an ERP you can maximize daily business processes like optimizing workflow with project management tools or expediting the procurement process. . How does ERP Software Selection Work?

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

Herding Cats

JULY 16, 2017

The GAO Cost Estimating and Assessment Guide has 12 steps. There are not specific to Agile Software Development. Again, this is the basis of Managerial Finance. Risk Management has 6 processes, see SEI Continuous Risk Management. Maintain the Baseline with Repeatable Processes. Capture All Activities.

Estimate 35

Estimate Agile Cadence Risk Management 35

Herding Cats

MARCH 8, 2017

When we hear that the next big thing in agile is Not Estimating, let's look to see how those 12 Principles can be applied without those estimates? . How estimates help implement these principles. Without estimates what is missing. This is basic managerial finance when spending other people’s money.

Estimate 35

Estimate Agile Sustainability Engineering 35

Planio

MAY 8, 2023

In fact, the digital transformation market was estimated at a whopping $731.1 with examples of IT projects) IT project management is the process of planning, organizing, running, and managing information technology projects. billion in 2022 — with no signs of slowing down. What is IT project management?

Technical Review 78

Technical Review Software Review Development Team Review Infrastructure 78

Herding Cats

NOVEMBER 20, 2018

Performance quantitative risk analysis - numerically estimates the effects of risk on project objectives. In the presence of these uncertainties, estimates must be made of all aspects of the risk management process. In the presence of these uncertainties, estimates must be made of all aspects of the risk management process.

Risk Management 56

Risk Management Risk Estimate Finance 56

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

Epicflow Blog

AUGUST 5, 2021

Though the technology is still being developed, it has numerous applications in our every-day life: it’s widely used in pharmaceutical and healthcare industry (its recent breakthrough was the development of covid-19 vaccine), finance, manufacturing, automotive industry, etc. . Software developer.

Artificial Inteligence 98

Artificial Inteligence 2025 Technical Review Software Review 98

ProjectManager.com

MARCH 27, 2019

A critical success factor for a software development project is how it is funded. In this blog I’ll explore several common options for funding software development projects. What you need instead is advice on what process decisions you should consider, what your options are, and what the associated trade-offs are.

Software Developers 248

Software Developers Software Development Software Review Software 248

Herding Cats

MAY 23, 2016

Estimating is part of all decision making in the presence of uncertainty. Accuracy and precision are two primary attributes of all estimates. We all know estimates are hard. But there are lots of hard things in the development of enterprise software. Estimating is part of all engineering disciplines.

Estimate 31

Estimate Software Finance Engineering 31

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. Because of that, we don't separate the thinking processes into a dual-system. This means putting a formal process in place for making that decision. System One - automatic.

Transportation 39

Transportation Software Engineering Finance 2011 39

nTask

DECEMBER 23, 2021

You have to be on your toes all the time, keeping an eye on task statuses, staying updated with the latest developments, paying attention to your team members’ performance , identifying and mitigating issues, and constantly improving processes for the future. How PMP Software Transformed the Project Management Scene?

2022 78

2022 Software Review Software Technical Review 78

Epicflow Blog

AUGUST 5, 2021

Though the technology is still being developed, it has numerous applications in our every-day life: it’s widely used in pharmaceutical and healthcare industry (its recent breakthrough was the development of covid-19 vaccine), finance, manufacturing, automotive industry, etc. . Software developer.

Artificial Inteligence 52

Artificial Inteligence 2025 Technical Review Software Review 52

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." The "bad management" is itself a symptom of untrained, inexperienced, unskilled decision making processes in the presence of uncertainty. . Let's look at what an estimate is.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

The IIL Blog

APRIL 27, 2018

First let’s keep the concept of ROI basic, which is in this context: Applying this equation to a real-life example, if the cost for rolling out a SMILE activity = $10,000 and the estimated value of the program is $100,000 (considering quantitative and/or qualitative factors such as listed above): This number is not exaggerated.

Software Review 121

Software Review 2004 2012 PMI 121

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. Because of that, we don't separate the thinking processes into a dual-system. This means putting a formal process in place for making that decision. System One - automatic.

Transportation 28

Transportation Software Engineering Finance 2011 28

Leading Answers

JUNE 14, 2018

Can the average organization actually become a disruptive leader just by adopting the structures, tools and processes from the real disruptive leaders? As organizations realize software represents a market differentiator, they recognize their systems will never be “done.” However, what really happens?

Technical Review 116

Technical Review Agile Lean Sustainability 116

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. They are not the same, the processes of decision making are not the same.

2002 34

2002 2008 Technical Review Software Review 34

Herding Cats

OCTOBER 11, 2017

This quote is coming back in the modern era of internet-based misinformation pundits in many domains, including project management and software development processes. The hypothesis is tested, the evidence is found to support or undermine the hypotheses, and knowledge is gained in the process. Related articles.

Finance 35

Finance Manufacturing Governance Government 35

Herding Cats

NOVEMBER 14, 2018

This method is the Analytic Hierarchy Process (AHP). AHP was developed in the 1970s by Dr. Thomas Saaty. In our agile software development world, AHP is rarely found. This decision model for software development projects addressed: performance, cost, time, and risk. The Wrap Up . And of course.

Technical Review 47

Technical Review 2010 2014 Software Developers 47

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. They are not the same, the processes of decision making are not the same.

2002 28

2002 2008 Technical Review Software Review 28

Wrike

MAY 12, 2023

Whether the task is a large-scale construction project, a new software development initiative, or a marketing campaign, the project manager is ultimately responsible for its success or failure. They must have a strong command of project management methodologies, tools, and software proficiency, as well as financial management skills.

Underperforming Technical Team 36

Underperforming Technical Team Technical Review Leadership Budget 36

Herding Cats

SEPTEMBER 7, 2016

Scrum is) more defined rather than empirical process. This took me back since Scrum is derived from an empirical closed loop control system developed in the USAF by Col. the OODA loop sketch and related insights represent an evolving, open-ended, far from equilibrium process of self-organization, emergence and natural selection.

Closing 28

Closing Controlling SCRUM Estimate 28

Herding Cats

JANUARY 19, 2018

When we want we to make a decision in the presence of this uncertainty, using these random variables, we need to know about their behaviors, and we need to estimate what the outcome of that decision might be, how that outcome will impact the success of our work, and what residual uncertainty is left behind. Related articles.

Performance Measurement 31

Performance Measurement Estimate Finance Manufacturing 31

Herding Cats

MAY 25, 2018

Let's look at the principles of cost, price, and value to the customer from the point of view of the business funding the development of the software, the customer buying the software, and the financial models needed to know if the firm producing the software can stay in business over time. . Related articles.

Finance 37

Finance Estimate Manufacturing Software 37

Herding Cats

SEPTEMBER 15, 2016

This is a good starting point for answering the mail on the notion that decisions can be made in the presence of uncertainty without estimating the impact of those decisions. Estimates are for the business, why would the business no longer want an estimate of cost, schedule, or technical performance of the provided capabilities?

Estimate 28

Estimate Underperforming Technical Team Governance Government 28