Project Pulse Journal

NOVEMBER 24, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis.

Risk Management 52

Risk Management Risk Engineering Estimate 52

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. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A

Risk Management 38

Risk Management Risk Technical Review 2002 38

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. Making these decisions in the presence Uncertainty ?

Risk Management 35

Risk Management Risk Technical Review 2002 35

Herding Cats

NOVEMBER 7, 2016

Estimating is a learned skill, used for any purpose from every-day life to management of projects. The Influence of Selection Bias on Effort Overruns in Software Development Projects,” Magne Jørgensen, Simula Research Laboratory & Institute of Informatics , University of Oslo. The Future of Systems-and Software Development.

Estimate 64

Estimate 2006 2005 2013 64

Herding Cats

MAY 7, 2019

One of our clients, a retired USAF Col Program Manager at an NNSA Weapons Testing Site has a statement that is applicable here: If you lack academic basis and validated experience, your advice is simply unsubstantiated opinion without any basis in fact or principle. Flint, School of Management, Working Paper Series, September 2005.”.

Estimate 40

Estimate Software Review Software 2012 40

Herding Cats

FEBRUARY 9, 2019

There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. Define the risks - reducible and irreducible - to each Capability and their Features. Place all the information into some modeling tool. So how do we get ±10% accuracy?

Estimate 42

Estimate Technical Review Underperforming Technical Team Software Review 42

Leading Agile

OCTOBER 10, 2018

Business agility means having the capability to “turn on a dime” at low cost and with low risk, to drive innovation, respond to market changes, and overcome the competition. In any enterprise that depends heavily on information systems, business agility is not possible without technical agility.

Technical Review 95

Technical Review Software Review Underperforming Technical Team Engineering 95