Epicflow Blog

OCTOBER 16, 2023

” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time. Beyond just time, buffers can cover finances, manpower, and more.

2016 52

2016 Monitoring Risk Management Healthcare 52

Herding Cats

MAY 12, 2018

When you hear that they are separate, and we need to move to a product point of view, you're likely talking to a coder, that hasn't taken that Managerial Finance class in his educational institution. For us in the Finance and Business Operations side of writing software for money, it's a moot point.

Agile 44

Agile Finance Software Development Software Developers 44

Herding Cats

NOVEMBER 14, 2018

No Credible Decision Can Be Made in the Presence of Uncertainty with making Estimates of the Impact of those Decisions. To suggest otherwise, willfully ignores the principles of Managerial Finance, Microecomoncos of Software Development, and Probabilistic Decision Making. And of course. References . [1]

Technical Review 47

Technical Review 2010 2014 Software Development 47

Herding Cats

APRIL 4, 2016

Finance, social, political. Technical Performance Measures. Estimating Guidance. This is a good start, but it needs to produce actionable outcomes , not just principles, but practices and processes. How do you define, design, represent, assess, analyze, and manage these interactions. Related articles.

Engineering 28

Engineering Software Performance Measurement Finance 28

MPUG

JULY 10, 2023

You can get this number from your finance analyst, budget spreadsheet, or report. Now we’ve looked at some cost performance measures, let’s look at a few more specifically aimed at managing schedule performance. There might be a good reason for that, but it could also tell you that your estimates were overambitious.

Budget 40

Budget Controlling Performance Measurement Finance 40

Workamajig

JANUARY 11, 2021

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

Underperforming Technical Team 60

Underperforming Technical Team Project Life Cycle Estimate Software Review 60

Herding Cats

JUNE 9, 2018

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. These principles originate in: .

Transportation 28

Transportation Software Engineering Finance 2011 28

Wrike

JUNE 11, 2023

These frameworks involve the use of statistical techniques, probability theory, and mathematical formulas to estimate the likelihood and impact of risks, calculate expected values, and determine risk exposure. Quantitative risk management frameworks, on the other hand, use quantitative data and mathematical models to analyze and assess risks.

Risk Management 36

Risk Management Risk Underperforming Technical Team Technical Review 36

Wrike

NOVEMBER 7, 2018

Estimated Project-Oriented Job Openings 2010-2020: . Popularity by Industry: Finance – 87%. Implement/enhance performance measurement process – 39%. [13]. Finance – 93%. Benefits of High-Performing PMOs: 45% more projects aligned with business objectives. Inadequate cost estimates – 29%. 387,560. .

2015 60

2015 Technical Review Underperforming Technical Team Software Review 60