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Risk Management Resources

Herding Cats

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

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A Compendium of Risk Management Resources

Herding Cats

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. IEEE Transactions on Software Engineering , Vol.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

The naturally occurring work effort in the development of a software feature - even if we've built the feature before - is an irreducible uncertainty. The risk is created when we have not accounted for this natural variances in our management plan for the project. An aleatory risk is expressed as a relation to a value.

2003 46
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Two Parallel Processes of Project Success - Both Value and Delivery are Needed

Herding Cats

It's not clear why those advocating the first approach don't understand this, but the principles of MicroEconomics of software development demand we know both cost and value produced. For software development, those scarce resources are people, time, and money. Software development is Micro, not Macro. IT Risk Management.

Process 45
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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

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. Software engineering economics." Boehm, Barry W.

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Software Estimating Resources

Herding Cats

Why Monte Carlo Simulations of Project Network can Mislead,” Terry Williams, Project Management Journal 35(3), pp. Monte Carlo Schedule Risk Analysis,” Intaver Institute, Inc. Software Development Effort Estimation using Fuzzy Bayesian Belief Network with COCOMO II,” B. 61, September 2004. Chakraborty and K.

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21 Types Of Project Management Software (With Examples)

Teamweek

Project managers, following Six Sigma, use qualitative and quantitative techniques or tools to drive process improvement. Tools include: Statistical process control tools Analytical tools for studying failure modes and their effects. Let’s take a look at how project management software can support specific industries.