Leading Answers
AUGUST 25, 2020
Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. " So, when project managers hear about ideas such as "let's stop estimating," it can trigger a knee-jerk reaction. It sounds lazy and avoiding the hard work of having to estimate.
Scrum.org
OCTOBER 19, 2021
O verview of Agile Estimating. When more is known than unknown, use absolute estimating. Absolute estimating is the practice of applying an hourly, finite estimate to each requirement. Absolute estimating is the practice of applying an hourly, finite estimate to each requirement. Borrowed from nature, this.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
MPUG
FEBRUARY 5, 2025
2] Automotive Industry Action Group, Production Part Approval Process (PPAP) Fourth Edition, Detroit, MI: Automotive Industry Action Group, 2006. [3] What constitutes good? Goal: Complete product design (through iterations) and conduct feasibility assessments. Alleman and J. Quigley, Risk Management, Boca Raton: Auerbach Publications, 2024.
Scrum.org
AUGUST 17, 2020
More recent analyses have shown that this bias isn’t as fundamental as previously thought (Malle, 2006). When teams estimate work, hearing an initial estimate is likely to “anchor” further estimates. The anchoring bias explains why Planning Poker requires participants to show their estimates at the same time.
Online PM Courses
SEPTEMBER 8, 2024
It uses estimating, budgeting, planning, and controls to predict costs and schedules, and to work to maintain them. You can’t make accurate cost and schedule estimates. Imagine trying to create the iPhone 14 back in 2006. Therefore, in predictive project management, it is important to have clearly defined requirements.
Leading Answers
JANUARY 16, 2021
While profit is not their goal, usually an economic impact figure can be estimated for the outcomes they aim to achieve. I wrote about these ideas when I started blogging in 2006 as Risk Profile Graphs. Conclusion Risk management, like estimation, should not be just a project management activity.
Herding Cats
DECEMBER 16, 2017
The estimating of software development is both straightforward and complex. When it is suggested that estimating is hard, of no value, and unnecessary, always ask what principle is used to support that claim? Software Sizing and Estimating: Mk II FPA , Charles Symons, John Wiley & Sons, 1991. Don't hear one?
Expert insights. Personalized for you.
131 
Let's personalize your content