Governance and Estimating

Herding Cats

If your business is not subject to any external governance process, you’re free to spend your money as you please. Governance includes: Responsibility for a specific duty, task, or decision. Authority to influence behaviours. NoEstimates Governance

Software Estimating Resources

Herding Cats

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. COSMIC Software Estimation Approach,” Alain Abran, ICEAA Workshop, Portland Oregon, June 6?9, Estimating Probable System Cost,” Stephen A.

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Project Governance: Establishing an Effective Steering Committee

Strategy Execution | PMO Perspectives

Within the project management community, the concept of governance is seen as a fundamental project control, which is easy to grasp in principle. Getting the governance piece right requires insight and at times a few honest conversations about roles and responsibilities.

Estimating is a Learned Skill

Herding Cats

Estimating is a learned skill, used for any purpose from every-day life to management of projects. When I left for the airport this morning to catch my flight to a customer site I estimated, given the conditions, how much time I need to get to my favorite parking spot at DIA. The same process for estimating is applied to multi-billion dollar projects we work. Here's some materials that provide the tools and processes needed to learn how to estimate.

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Governance. Agile Software Development for Government Software Intensive System of Systems (SISoS) , Boulder Agile Meetup, 27 July 2016. How to Develop Credible Cost & Schedule Estimate. Basis of Estimate Process. Governance. Program Governance Roadmap.

2003 59

Impacts of traditional project funding models on agile delivery

Kiron Bondale

A key enterprise partner is the Finance department and the organization’s model for project funding will have significant influence over successful agile delivery. Agile Project Portfolio Management agile project management Change management governance

2018 200

Compendium of Works to Increase Probability of Project Success

Herding Cats

Governance (#Governance). Six Business System Rule - defines the assessment of the integrated business systems for Federal procurement and their integrity in providing information to the Government contracting office. . Governance.

2003 45

DDSTOP The Saga Continues

Herding Cats

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . Buy a Software Estimating tool, like one of these.

DDSTOP The Saga Continues

Herding Cats

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . Buy a Software Estimating tool, like one of these.

How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

Some of my readers may hope to influence the risk culture of their whole organization. And the process for creating a robust risk management culture within your project can apply equally if you get a chance to influence your wider organization. And what about governance?

Risk 134

DDSTOP The Saga Continues

Herding Cats

We were on of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . By simply NOT Estimating? All by NOT Estimating?

2018 42

Two Parallel Processes of Project Success - Both Value and Delivery are Needed

Herding Cats

Software engineering economics is a topic that addresses the elements of software project costs estimation and analysis and project benefit-cost ratio analysis. Macroeconomics is the study of how people make decisions influenced by tax rates, interest rates, foreign policy, and trade policy.

2018 51

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Although each uncertainty type is distinct, a single project may encounter some combination of four types: Variation – comes from many small influences and yields a range of values on a particular activity. No Point Estimate of Cost or Duration can be Correct.

Risk 48

INVEST, Scrum and Enterprise IT

Herding Cats

The direction of influence from one element to another is captured by an arrow in place of a simple link. In the presence of uncertainty, estimates is needed to make decisions. The term INVEST is an acronym for good User Stories. I ndependent (of all others).

SCRUM 40

INVEST, Scrum and Enterprise IT

Herding Cats

The direction of influence from one element to another is captured by an arrow in place of a simple link. In the presence of uncertainty, estimates is needed to make decisions. The term INVEST is an acronym for good User Stories. I ndependent (of all others).

SCRUM 36

Value, Cost and Business Decision Making

Herding Cats

The best choice depends on our type of business, what influences our customers to buy and the nature of our competition. Why Guessing is not Estimating and Estimating is not Guessing. NoEstimates Business Decision Making Estimating Fallacy of the Week Governance Logical Fallacy Management Planning Principles Product Management Project ManagementIn Software Value of something is totally unrelated to Cost.

Economics of Software Development

Herding Cats

Macroeconomics is the study of how people make decisions influenced by tax rates, interest rates foreign policy, and trade policy. This is the foundation for estimates. Estimates with accuracy and precision values needed to make credible decisions. These estimates are critical to both developers and customers. These estimates are used for generating requests for proposals, contract negotiations, scheduling, monitoring, and control. No Estimates?

2017 36

Value, Cost and Business Decision Making

Herding Cats

The best choice depends on our type of business, what influences our customers to buy and the nature of our competition. Why Guessing is not Estimating and Estimating is not Guessing. NoEstimates Business Decision Making Estimating Fallacy of the Week Governance Logical Fallacy Management Planning Principles Product Management Project ManagementIn Software Value of something is totally unrelated to Cost.

Why Johnny Can't Do The Math

Herding Cats

One of the #Noestimates advocates has now discovered a phrase: Estimates are non-ergodic. The 2008 mortgage crisis for example (although many did an made lots of money), the government didn't. Estimates are neither Ergodic or Non-Ergodic themselves.

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

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. If we're going to manage as adults , we're going to have to Estimate.

2007 42

Fallacy of the Day

Herding Cats

Measures of Performance - are performance measures that characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. Recommended Solution – start with a baseline estimate of the cost, schedule, and technical performance.

2017 44

Antifragile, Macro and Micro Economics and the Misuse of Terms (Again)

Herding Cats

The Buzz Word Anti-fragile is tossed around lately by #NoEstimates advocates claiming that making estimate creates fragility to the work. Macroeconomics analyzes all aggregate indicators and the microeconomic factors that influence the economy.

2018 40

Concept of Operations

Herding Cats

Describe those aspects of the physical environment, safety, security, and privacy that exert influence on the operation or operational environment of the proposed system. Why Guessing is not Estimating and Estimating is not Guessing. Agile Architecture Decision Making Governance Principles Project Management Systems TheoryOne of the root causes of project failure is the failure to apply the first principle of the five principles of project success.

2014 34

So what’s in your company’s project management dictionary?

Kiron Bondale

Such definitions might constrain the degree of flexibility which a project team possesses but will support governance and oversight through increased consistency and predictability. Let’s consider a team’s degree of confidence in its estimates.

2016 187

How To Motivate Your Project Team

Girl's Guide to PM

Modelling is the reason we don’t want our children to hang out with “the wrong sort of influence” and it is the reason we want them to hang out with “the right sort of people”. Ruth Pearce knows everything there is to know about motivating your project team. She’s even written the book on it.

2019 354

Advice for Aspiring Project Management Consultants

ProjectManager.com

These bridge jobs often lead to bigger and better things, but they also offer more experience and can expand your sphere of influence. There’s a chance your estimation of the market rate is wrong. What does it mean to be a project management consultant?

Project Manager Roles and Responsibilities: What does a PM Really Do?

Project Bliss

Identifying activities, dependencies, sequencing, and time estimates. As the project manager, you may report to stakeholders, governance bodies, and anyone else who needs project information. Understand how market changes could impact or influence the project.

2017 255

9 Inspirational Teamwork Examples

ProjectManager.com

Their music is the soundtrack of an era and continues to influence musicians to this day. According to NASA, there were an estimated 400,000 people involved in making the moon landing possible. It seems that people have been spelling team with an “i” for a long time.

2019 253

A collection of #NoEstimates Responses

Herding Cats

Can you make a non-trivial (NOT de minimis) decision in the presence of uncertainty without estimating? They started with “Estimates are a waste, stop doing them.” Those advocates also started with the notion that estimates are a waste for the developers.

2016 50

Digital Transformation & Artificial Intelligence: Is your Organization ready?

Digite

He says, “The difference today is that machines are going after people with college degrees, political influence and Twitter accounts. IBM estimates that by 2025, data-based decision making tools market will be $2 trillion.

2018 149

Why Time Constraint is the Most Important Project Management Constraint

MPUG

In my previous article , I raised the question of whether or not duration estimation can be done without making any assumptions. Aren’t there other project management factors that influence a project? Frederick P. Brooks Jr.,

The #1 Challenge in Project Management (According to the Experts)

MavenLink

Many organizations that we meet with think it is hard to align the business to the strategy and place governance to the process of project selection. In 2016, TimeCamp named him as one of the top 123 Top Influencers in the Project Management Industry.

2017 144

Lean Portfolio Management Operations: An Agile Approach

Planview

A project-based funding structure creates a slower, more complicated budgeting process that requires estimates, plans, and details far before they are able to be accurate. This blog is part of a series on Lean portfolio management for the enterprise.

Lean 87

The PMI Talent Triangle: A Guide [for members and non-members]

Online PM Courses

Governance (project, program, portfolio). Time, budget, and cost estimation. Influencing and political acumen. Influencing. The PMI Talent Triangle is a simple tool that reminds us all about the value of a broad range of professional skills.

PMI 110

Beginner’s Guide to Project Management Process

iZenBridge

They may also exert influence over the project and its result. Defines Human Resource and Cost estimates. The Project Manager must Estimate approximate cost involved in Project Work. Project cost estimation involves estimation of: Labor Cost. Estimates.

The Impact of Technology on Project Management: Pre-1950s to the Modern Age

Keyedin

The Channel Tunnel involved the collusion of English and French governments, financial institutions and construction companies, meaning differences in language and metrics had to be scrutinised. Project management (PM) dates back as far as there has been a need to achieve things.

Why You Should Align Strategy, Financials, and Execution

Planview

Forward-thinking organizations incorporate business processes for governance and decision-making, particularly regarding which investments should be made during the strategic planning process and ongoing checkpoints.

The Impact of Technology on Project Management: Pre-1950s to the Modern Age

Keyedin

The Channel Tunnel involved the collusion of English and French governments, financial institutions and construction companies, meaning differences in language and metrics had to be scrutinised. Project management (PM) dates back as far as there has been a need to achieve things.

Project Manager or Project Leader? What’s the Difference?

Online PM Courses

You also need to be an excellent communicator, able to: forge strong relationships, motivate people to play their part in your project, secure collaboration and co-operation, influence stakeholders at all levels, and. Relies on governance, hierarchies and controls. Governance.

2018 105

How Cognitive Overload Impacts Productivity?

Digite

By some estimates, 50% of the current jobs will be gone by 2025. There is some correlation between multitasking and decreased density of anterior cingulate cortex, an important region of the brain that governs higher-level functions like empathy and emotional control and decision making.

2017 108