Remove Estimate Remove Information Technology Remove Software Engineering Remove Strategy
article thumbnail

Real Options and Decision Making for ICT Projects

Herding Cats

Estimation locks down choices early through upfront t decision making, #NoEstimates preserves options. This is the same paradigm of Agile software development where responding to change over following the plan is part of the original manifesto. Aligning Software Investment Decisions with the Markets ," Hakan Erdogmus. "

2008 32
article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. What Impediments will be encountered along the way to Done and what are the handling strategies for each impediment? In Kahnemann's Thinking Fast and Slow there are three biases. †.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Risk Management Resources

Herding Cats

requires making estimates) ? This blog page is dedicated to the resources used to assess risks, their impacts, and handling strategies for software-intensive systems using traditional and agile development methods. IEEE Transactions on Software Engineering , Vol. Software Engineering Institute, January 1996.

article thumbnail

A Compendium of Risk Management Resources

Herding Cats

requires making estimates) ? Taxonomy-Based Risk Identification,” Marvin Carr, Suresh Konda, Ira Monarch, Carlo Ulrich, and Clay Walker, Technical Report, CMU/SEI-93-TR-6, Software Engineering Institute, June 1993. IEEE Transactions on Software Engineering , Vol. Software Engineering Institute, January 1996.

article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. What Impediments will be encountered along the way to Done and what are the handling strategies for each impediment? In Kahnemann's Thinking Fast and Slow there are three biases. †.

article thumbnail

DDSTOP The Saga Continues

Herding Cats

Judgment from experience requires repeatability (experts work best in Complicated or Ordered cynefin domains) The moment you have little-to-no repeatability experts are at best useless, adaptability is a better survival strategy. Rarely are software engineers working on science experiments. I couldn't see this in the text. .

article thumbnail

DDSTOP The Saga Continues

Herding Cats

40 - Estimation is a Problematic Practice of Companies Doing Dangerous Things. A #Noestimates advocate makes the claim that having a ±10% accuracy for estimates of cost and duration is a dangerous thing. Define the probabilistic ranges of the work in a single point estimate manner. There are databases for Function Points .