Governance Project Cost Software Developers Study 
The IIL Blog
OCTOBER 17, 2023
Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. Feasibility Study An analysis of a project’s viability.
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 .
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Herding Cats
MAY 10, 2019
Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., 255, April 2010.
Herding Cats
MARCH 11, 2017
Risk Management is essential for development and production programs. Information about key project cost, performance, and schedule attributes is often uncertain or unknown until late in the program. Hybrid–Agile Software Development Anti–Patterns, Risks, and Recommendations,” Paul E. 12, 2008. “A
Herding Cats
MAY 11, 2019
Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program.
Herding Cats
MARCH 11, 2018
Economics is the study of how people make decisions in resource-limited situations. Economics has two basis branches: Macroeconomics is the study of how people make decisions in resource-limited situations on a national or global scale. A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project.
Workamajig
JANUARY 11, 2021
Assumptions are a major contributor to Project Risk, A large number of assumptions increase the overall Project Risk. Audit: The process of analyzing a project to ensure that it is being governed as intended. A project sponsor can request an audit. Authorization: Authorization is the power to make decisions.
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