Remove 2013 Remove Performance Measurement Remove Software Development
article thumbnail

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Take for example the deployment of an ERP system, the installation, and startup of a process control system, the release of a suite of embedded software controllers for a car, aircraft, petrochemical plant. A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. Now To Risk Management.

article thumbnail

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Performance Management. Connecting the 5 Principles and 5 Practices of Performance-Based Project Management ® To Increase the Probability of Project Success. Building a Credible Performance Measurement Baseline. Measures of Product Value is Exchange for Its Cost. Technical Performance Measures.

2003 54
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Product Development (#ProdDev). Agile Software Development (#ASD). Those lessons are directly transferable to the management of software development teams.

article thumbnail

Deconstructing The Cone of Uncertainty

Herding Cats

Landmark’s measure of success over these three years had much more to do with customer satisfaction and market share than with meeting knowingly aggressive targets. It's suggested from observations, the Cone of Uncertainty (CoU) is not a valid model of how uncertainty behaves in software development projects. Laird and M.

2007 42
article thumbnail

Cone of Uncertainty - Part Cinq

Herding Cats

When actual measures of cost, schedule, and technical performance are outside the planned cone of uncertainty, corrective actions must be taken to move those uncertanties inside the cone of uncertanty, if the project is going to meet it's cost, schedule, and technical performance goals. . IEEE Software, March-April 2009, pp.

article thumbnail

Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

The Measures that are modeled in the Cone of Uncertainty are the Quantitative basis of a control process that establishes the goal for the performance measures. This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM). IEEE Software, March-April 2009, pp.

article thumbnail

Why Johnny Can't Do The Math

Herding Cats

In software development, those managing the project have some understanding the market forces (from their marketing departments), the technology (from their engineering department), and how to manage in the presence of Aleatory and Epistemic risk (the managers running a successful firm). Software development is a non-ergodic process.