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Without a Root Cause Analysis, No Suggested Fix Can Be Effective

Herding Cats

Using the chart from the post, showing the number of projects that went over their estimated effort, let's look closer at a process to sort out the conjectures made in the post about estimating. Information Technology Estimating Quality. This is another example of Bad Management and Doing Stupid Things on Purpose.

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Risk Management Resources

Herding Cats

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., Michael, International Journal of Project Management , 19, pp. 3, March 2002.

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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. Michael, International Journal of Project Management , 19, pp.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. All project work has uncertainty. Uncertainty comes from the lack of precision and accuracy about the possible values of a measurement of a project attribute.

2003 46
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Monte Carlo Risk Analysis in Project Management

Project Pulse Journal

This mathematical technique involves running numerous simulations, or 'trials,' each time randomizing variables within defined probabilities to model different scenarios of a project's potential risks and uncertainties. This is particularly useful in a process that cannot easily be predicted due to the intervention of random variables.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Business, Technical, Systems, Risk, and Project Management. Management Processes. Planning and Scheduling (#PS).

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A Wrap Up of the #NoEstimating Conjecture Analysis to Date

Herding Cats

Credible Estimating Processes - prediction is difficult, but prediction is the basis of all decision making. Planning, Plans, and Execution of the Plan - An interview with Jeff Sutherland and Hank de Velde brings up some important notions in program and project management. This is a Wide Band Delphi process that has been around for