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

Herding Cats

JANUARY 7, 2017

For example, about which software to buy, which Features in the development backlog should be implemented next, what prices to charge for products and services. Software development is an exercise in microeconomics, since it deals with limited resources - time, cost, and what value is produced in exchange for the time and money.

Software Developers 40

Software Developers Software Development Software Software Engineering 40

Planio

APRIL 22, 2024

Project managers are born communicators. According to some estimates , PMs spend 90% of their time communicating with team members, sponsors, and stakeholders. Why is it so important in project management? Why is it so important in project management? This risk is under management, and no action is required at this stage.

Executing 88

Executing Fractional CTO Technical Review CTO Hire 88

Planio

MAY 8, 2023

If you’re used to shipping features and new products, IT project management (ITPM) probably isn’t on your radar. In fact, the digital transformation market was estimated at a whopping $731.1 IT project managers play a critical role in ensuring their company’s IT capability is dependable, up-to-date, and secure. How is it unique?

Technical Review 78

Technical Review Software Review Development Team Review Infrastructure 78

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

Planview

JANUARY 19, 2023

However, many digital transformation initiatives struggle to deliver the expected financial value, with more than half lagging behind original estimates, according to a Gartner survey of CIOs. Portfolio Management: Turning Strategy into Plans A big part of portfolio management focuses on planning.

Underperforming Technical Team 97

Underperforming Technical Team PMO Initiating Risk Management 97

MPUG

APRIL 2, 2024

Project Management is a systematic and organized approach to planning, coordinating, and overseeing the work of a team to achieve a specific goal. Key to understanding Project Management, is to understand what a project is. Likewise, the project manager can set milestones, dates by which important aspects of the project need to be met.

Certification 52

Certification PMI Logistics Construction 52

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

ProjectManager.com

MARCH 14, 2019

Yes, they do enjoy profits, but those come when markets are consistent, where managers can plan accurately for a future that is clearly laid out before them. There are trends and systems that can calculate and estimate the likelihood of what is to come, but the reality is there are too many variables to make any such equation infallible.

Agile 280

Agile Innovation Lean Leadership 280

Herding Cats

MARCH 17, 2019

Business, Technical, Systems, Risk, and Project Management. Managment Processes. Nine Best Practices of Project Management , Software Program Managers Network (SPMN). Top Habits of Successful Project Managers. Project Governance. Ten Rules for Common Sense Program Management.

2003 54

2003 2011 2008 Performance Measurement 54

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. These two points of view are the basis of any credible business management process. Don't assume, Estimate. This type of fallacy is common. .

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

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. reducible and irreducible

Risk Management 35

Risk Management Risk Technical Review 2002 35

Herding Cats

MAY 8, 2016

ways to make decisions with No Estimates. is not founded on any principle of business management, microeconomics of decision making, or principles of probability and statistics. Uncertainty of course is present in all software development work both reducible and irreducible uncertainty. An estimate is.

Estimate 28

Estimate Underperforming Technical Team Software Governance 28

Teamweek

SEPTEMBER 7, 2023

Break the project down into tasks: Use a Work Breakdown Structure to make the project more manageable. Estimate a project timeframe: Create time estimates for each task. and add that to your cost estimate. You should let the client know that your estimates are, in fact, just estimates and not a fixed cost.

Estimate 52

Estimate Web Development Controlling Construction 52

Wrike

APRIL 25, 2023

The project charter is written by the project manager and approved by project sponsors. It also serves as a reference point throughout the project execution, ensuring the team stays on track with the expected schedule and achieves the objectives without any misunderstanding, deviation, or avoidable risk.

Project Life Cycle 36

Project Life Cycle Risk Management Software Review Construction 36

Herding Cats

JULY 16, 2017

The GAO Cost Estimating and Assessment Guide has 12 steps. There are not specific to Agile Software Development. Uncertainty creates risk. Risk Management is how Adults Manage Projects - Tim Lister. Conduct Schedule Risk Analysis. Uncertanty creates Risk. Capture All Activities.

Estimate 35

Estimate Agile Cadence Risk Management 35

Epicflow Blog

AUGUST 5, 2021

Jobs that are at high risk for being replaced by AI. Jobs that are at low risk for being replaced by AI. At the current stage of AI development, it cannot replace the jobs that require human reasoning, negotiation skills, emotional intelligence, and creative thinking along with the jobs related to information technology.

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. But greater flexibility generally requires a more skillful approach to governance and project management. But greater flexibility generally requires a more skillful approach to governance and project management.

Software Developers 243

Software Developers Software Development Software Review Software 243

Project Pulse Journal

NOVEMBER 12, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager or team member tired of projects that get out of control, consume resources, and seem to go far beyond their original scope? Discover the secrets to initiating a project that will succeed and make you a leading project manager in your organization.

Initiating 40

Initiating Technical Review Prince2 Risk Management 40

Herding Cats

MARCH 11, 2017

What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . If your project has no uncertainty, there is no need to estimate. Uncertainty is related to three aspects of the management of projects: The external world - the activities of the project itself. First, let's establish a principle.

2003 46

2003 2014 2015 2011 46

Herding Cats

SEPTEMBER 5, 2017

So what about bad ideas in the project management world, especialy the Agile Software Development world. One starting point is to ask if the ideas have any basis in a principle of how business or development of software actually works? Those who pay usually have some form of governance of their money. .

Governance 40

Governance Government 2016 Manufacturing 40

Herding Cats

OCTOBER 1, 2016

For any closed loop control system ‒ let’s assume we want to manage our project with such a system ‒ has a signal representing the current state of the system. The estimate of Desired (or even contractual ) schedule, cost, or technical performance of the software project. Complex Project Management. https://goo.gl/DP6Jw

Closing 28

Closing Estimate Controlling Process 28

Epicflow Blog

AUGUST 5, 2021

Jobs that are at high risk for being replaced by AI. Jobs that are at low risk for being replaced by AI. At the current stage of AI development, it cannot replace the jobs that require human reasoning, negotiation skills, emotional intelligence, and creative thinking along with the jobs related to information technology.

Artificial Inteligence 52

Artificial Inteligence 2025 Technical Review Software Review 52

MPUG

APRIL 15, 2022

Melanie: Jeff is currently the Lead Course Developer for Edwards Performance Solutions, as such he oversees the production and maintenance of courses on project management, systems engineering, software development, business process improvement, and cybersecurity.

PMI 59

PMI Artificial Inteligence Governance Government 59

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

Herding Cats

APRIL 17, 2016

There's a meme going around in some parts of agile that management is inhumane. This is an extreme view of course, likely informed by anecdotal experience with Bad Management, or worse lack of actual management experience. Managing in the presence of Agile is not the same as managing in traditional domains.

Agile 28

Agile Governance Government Manufacturing 28

Herding Cats

OCTOBER 5, 2018

The primary purpose of software estimation is not to predict a project’s outcome; it is to determine whether a project’s targets are realistic enough to allow the project to be controlled to meet them ? This variation can be explained by the fact that initial concepts do not describe the final software system accurate enough.

2012 48

2012 2007 2011 2010 48

Herding Cats

APRIL 14, 2018

Software development is a Value Creaton activity, but Value cannot be determined unless we know the cost to produce that value and when that value will be available for use by those who of paid for that Value. For software development, those scarce resources are people, time, and money. Microeconomics .

Process 45

Process Estimate Software Developers Software Development 45

Herding Cats

JUNE 2, 2017

So the first part is following standard estimating principles. which states clearly and concisely that decisions can be made (in the presence of uncertainty - which is ALWAYS present on software development projects - without estimating the impact of those decisions. From large construction to software development.

Estimate 35

Estimate Software Developers Software Development Risk Management 35

Herding Cats

JANUARY 11, 2018

This is the basis of all Closed Loop Control systems, from the speed control of the car, to the flight controls for an aircraft, to the temperature controls for your home, and of course the business controls for software development. Right and wrong cease to be useful concepts when you’re talking about software development.

Agile 39

Agile Software Developers Software Development Estimate 39

Herding Cats

FEBRUARY 9, 2018

Here's an extract from "Chapter 8: Human Behavior and Complexity," Terry Cooke-Davies, in Aspects of Complexity: Managing Projects in a Complex World. This is a cautionary tale for those listening to the #NoEstimates advocates, where anecdotes of bad management are used in an attempt to replace established principles of business management.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

Wrike

DECEMBER 9, 2021

It is the practice of managing two distinct work modes concurrently – one mode focused on predictability and the other on exploration. Therefore, any software development project where team members are familiar with the process and have clarity of project requirements can be considered mode 1. So, what is bimodal IT?

Technical Review 36

Technical Review Infrastructure Innovation Software Review 36

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. IT Risk Management. Why Guessing is not Estimating and Estimating is not Guessing. Related articles.

Finance 35

Finance Manufacturing Governance Government 35

Herding Cats

OCTOBER 11, 2016

I work in the Software Intensive System of Systems domains in Aerospace, Defense, Enterprise IT (both commercial and government) applying Agile, Earned Value Management, Productive Statistical Estimating (both parametric and Monte Carlo), Risk Management, and Root Cause Analysis with a variety of capabilities.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

TrustRadius Project Management

OCTOBER 27, 2022

The bigger you are the harder you fall–unless you have a powerful management structure for your team of course. If you want to ensure that your team can manage their complex projects and operations, ERP software may be the solution. An ERP goal is to make your team’s workload easier to manage with a robust set of tools.

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

TrustRadius Project Management

OCTOBER 27, 2022

The bigger you are the harder you fall–unless you have a powerful management structure for your team of course. If you want to ensure that your team can manage their complex projects and operations, ERP software may be the solution. An ERP goal is to make your team’s workload easier to manage with a robust set of tools.

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62