Remove Finance Remove Performance Measurement Remove Risk Remove Software Development
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Agile Finance: How Do You Make a Business Case for Transformation?

Leading Agile

In that discussion, I covered a range of topics – Building a Business Case and the Key Financial Metrics that should be provided in your Business Case, Understanding your Company’s Software Development Costs, the Importance of Benchmarking, Importance of keeping your Asset Management current, and Capitalizing and Amortizing Software Costs.

Finance 84
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The Functions of a Project Management Office

Project Pulse Journal

Here are three common types of PMOs from across various sectors: Supportive PMO Industry Application - A supportive PMO is common in industries where projects require flexibility and autonomy, such as IT and software development enterprises. Function - A supportive PMO provides guidance, best practices, templates, and tools.

PMO 52
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Biases in Project Management and How to Remove Them

Herding Cats

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. These principles originate in: . Kirchler, D.

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Fallacy of the Week

Herding Cats

Have sufficient Contingent Budget and Management Reserve to cover the cost variances from the naturally occurring cost behaviors, event-based impacts on cost, or cover things that go wrong with the Risk Cost coverage. Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities.

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Decision Analysis - Ordinal and Cardinal Measures

Herding Cats

AHP was developed in the 1970s by Dr. Thomas Saaty. In our agile software development world, AHP is rarely found. Using this method, the performance, cost, time, and risks of alternatives can be articulated as ratios that can then be compared with one another. Risk assessment can be made with Ordinal value as well.

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Biases in Project Management and How to Remove Them

Herding Cats

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. These principles originate in: . Kirchler, D.

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Systems Engineering and Software Intensive System of Systems

Herding Cats

Finance, social, political. INCOSE has a Systems Engineering Journal as well with papers speaking to software development complexities . Technical Performance Measures. IT Risk Management. This is a good start, but it needs to produce actionable outcomes , not just principles, but practices and processes.