Herding Cats

DECEMBER 30, 2017

One of the 4 summary root causes of project performance failures is Unrealistic Cost and Schedule Estimates based on inadequate risk-adjusted growth models. One notion in a governance paradigm is It's Not Your Money . If you have no uncertainty, then estimates provide no value. This is how business works.

Estimate 61

Estimate Governance Government Risk Management 61

Project Bliss

FEBRUARY 21, 2018

Budget – estimated cost of the project. Technology – this could cover software development, platforms, environments, and infrastructure. Budget – estimated cost of the project. Project will follow team governance guidelines and requirements. Delivery – what’s intended to be delivered.

Technical Review 208

Technical Review Software Review Finance Monitoring 208

Herding Cats

NOVEMBER 21, 2018

This, of course, is a violation of the principles of Managerial Finance and Microeconomics of software development in the presence of uncertainty and scarce resources. Software Project Cost Estimation . There are numerous horror stories about software development cost and schedule overruns.

Software Developers 60

Software Developers Software Development Software Finance 60

Herding Cats

JULY 8, 2016

There appears to be a resurgence in the No Projects conversation, similar to the No Estimates notion that has been around for awhile. I’m going to suggest that most of the disconnects around ideas of software development ‒ from No Estimates to No Projects to whatever ‒ starts with Developers and the assumption It’s their money.

Software Developers 44

Software Developers Software Development Software 2015 44

Planview

JUNE 28, 2019

Adopting Lean-Agile budgeting practices helps to decrease funding overhead and friction while maintaining financial governance, helping to align budgeting practices with Lean-Agile goals. IT provides cost and time estimates and executives prioritize funding based on perceived value delivery in 12-18 months or longer.

Lean 103

Lean Budget PMO Underperforming Technical Team 103

Herding Cats

JANUARY 7, 2017

For example, about which software to buy, which Features in the development backlog should be implemented next, what prices to charge for products and services. Software development is an exercise in microeconomics, since it deals with limited resources - time, cost, and what value is produced in exchange for the time and money.

Software Developers 40

Software Developers Software Development Software Software Engineering 40

The IIL Blog

OCTOBER 17, 2023

Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. Project Governance The framework and guidelines for decision-making, responsibility, and accountability within a project.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Herding Cats

AUGUST 27, 2017

There's a recent post titled Four Fallacious Reasons to Estimate. It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. Let's look at each one in more detail.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

NOVEMBER 22, 2017

Paul Boos has a post about estimating and makes a case for the Principles of when NOT to estimate. This struck a cord around a bigger topic - the inversion of estimating. When should we NOT estimate? Then on to the original conjecture for No Estimates from Paul's post. That is, to make decision with “No estimates”.

Estimate 34

Estimate Governance Government Risk Management 34

Herding Cats

MAY 11, 2017

Signal processing is a domain of software development well suited to the paradigm of engineered systems. This domain has turned into the S oftware Intensive System of Systems (SISoS) paradigm that dominates software development activities today. Software-intensive systems include: . Related articles.

Software Developers 39

Software Developers Software Development Engineering Software 39

Leading Agile

JULY 18, 2023

Third, how are we reproducing working tests in software? Additionally, we need to consider how we organize teams in the presence of dependencies, how we orchestrate and govern those dependencies, and what we measure and control around the team. How are we orchestrating and governing those dependencies? How are we forming teams?

Agile 118

Agile Software Review Certification Technical Review 118

Herding Cats

SEPTEMBER 3, 2016

A nice conversation on twitter about estimates on software brought up the topic of estimates as commitments. The #NoEstimates advocates see estimates as making commitments. Yes, commitments are made when we estimate. oo (an estimate) with a 15% error band (an estimate). . Estimates are not needed.

Estimate 37

Estimate Software Governance Government 37

nTask

AUGUST 18, 2019

PERT or Project Evaluation and Review Technique is a statistical tool that is used in project management to estimating the minimum time required for a project to complete by analyzing all the tasks required and by calculating the minimum time it would take to complete each task in the project. Introduction. Critique of the PERT Methodology.

2005 100

2005 Underperforming Technical Team Technical Review Estimate 100

Herding Cats

MARCH 17, 2019

Nine Best Practices of Project Management , Software Program Managers Network (SPMN). Project Governance. Agile Software Development for Government Software Intensive System of Systems (SISoS) , Boulder Agile Meetup, 27 July 2016. How to Develop Credible Cost & Schedule Estimate.

2003 54

2003 2011 2008 Performance Measurement 54

Planio

NOVEMBER 6, 2023

This is especially important in software development projects, where terms such as deployment , release , go-live , and implementation get used interchangeably, causing endless confusion and misalignment. Identify tasks, estimate timings, and map a timeline Step 4. Unique to software development projects and product teams.

Planning 88

Planning Underperforming Technical Team Software Review Software Developers 88

LiquidPlanner

MAY 17, 2018

We know old concepts that govern agriculture do not apply to industry. Yet many project managers who work in the knowledge worker domain still apply project management approaches developed for the industrial era. Engineers do not consult the weather or growing seasons before designing machinery.

Engineering 84

Engineering Estimate Software Developers Software Development 84

Herding Cats

JUNE 18, 2017

Can you make a decision without an estimate? There are NO means of making a credible decision in the presence of uncertainty without estimating the outcome of that decision. Don't assume, Estimate. How can you assess the strategy without making estimates of the impact of the outcome of the hypothesis? First a principle.

Estimate 37

Estimate Risk Management Finance Risk 37

Leading Answers

JUNE 17, 2018

We know old concepts that govern agriculture do not apply to industry. Yet many project managers who work in the knowledge worker domain still apply project management approaches developed for the industrial era. Introduction. Engineers do not consult the weather or growing seasons before designing machinery.

Engineering 83

Engineering Estimate Software Developers Software Development 83

Herding Cats

MARCH 11, 2018

Making changes late in the development cycle has significant impacts on the verification and validation of the system no matter the software development method. . A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. Now To Risk Management. It's as simple as that.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Herding Cats

MARCH 30, 2019

Agile software development is framed by a manifesto , a set of 12 principles, several methods. These are all focused on developing software, delivering that software to those paying the developers. Why This Missing Concept is Important to Agile Software Development? .

Software Developers 39

Software Developers Software Development Agile Software 39

Leading Agile

DECEMBER 1, 2023

And how they are used in a changing software development and deployment structure. And how they are used in a changing software development and deployment structure. Rethinking Agile Principles for the Modern Business World In this video, Mike explores which Agile principles still apply today. Watch the Video 9.

2023 133

2023 Underperforming Technical Team Agile Executing 133

Planio

MAY 20, 2024

Behind the scenes, most companies have some level of project management structure in place, be it budget approval meetings, design workshops, software development cycles, and customer communication plans. This doesn’t just come from good organization but from knowing how to estimate work before timelines are committed.

Underperforming Technical Team 88

Underperforming Technical Team Risk Management Software Review Finance 88

Epicflow Blog

AUGUST 5, 2021

Software developer. Of course, AI will have a significant impact on software development. So, in the near future, software developers are not expected to be fully replaced by artificial intelligence, though the specifics of their work can change over time. . There have been attempts to write a code by AI.

Artificial Inteligence 98

Artificial Inteligence Technical Review 2025 Software Review 98

Herding Cats

MAY 8, 2016

ways to make decisions with No Estimates. Uncertainty of course is present in all software development work both reducible and irreducible uncertainty. can we make a decision in the presence of Uncertainty without making an estimate of the impact or outcome of that decision? An estimate is. It's a fallacy.

Estimate 28

Estimate Underperforming Technical Team Software Governance 28

Herding Cats

NOVEMBER 27, 2016

An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future.

Estimate 36

Estimate 2015 2017 Governance 36

Planview

JANUARY 19, 2023

However, many digital transformation initiatives struggle to deliver the expected financial value, with more than half lagging behind original estimates, according to a Gartner survey of CIOs. So what can technology organizations do to achieve a higher rate of return on investment (ROI)?

Underperforming Technical Team 97

Underperforming Technical Team PMO Initiating Risk Management 97

nTask

AUGUST 8, 2019

What Dr. Royce was describing was a flawed model for software development as he argued for a model with multiple iterations or runs. Due to the changing needs of the software development industry and the failure of the linearity of the Waterfall Model in providing early feedback, many version of the Waterfall Model have emerged.

Software Review 97

Software Review 2019 Development Team Review Technical Review 97

Herding Cats

SEPTEMBER 22, 2017

The #NoEstimates Manifesto - Actually restates Best Practice for estimating and making decisions with those estimates. . Deterministic estimates are point estimates and Point estimates without a Variance are of little value in the presence of uncertainty. Delivery Time over Development Time.

Estimate 50

Estimate 2017 Governance Government 50

WorkOtter

OCTOBER 25, 2024

Agile Methodology Agile is a flexible software development approach emphasizing continuous feedback, adaptability, and close customer collaboration. Rather than a rigid, linear process, Agile is characterized by: Iterative Development where work is broken into short, time-boxed (e.g. What are Agile and Waterfall Methodologies?

Underperforming Technical Team 78

Underperforming Technical Team Risk Management Agile Software Review 78

Herding Cats

SEPTEMBER 24, 2017

I've since lost my handbook issued at TRW for the Software Development Lifecycle processes used on the programs we worked, but the loop approach of plan, do, study, act was at the basis of that method. Those that objected to the early XP approaches were right to criticize the lack of governance and actionable outcomes.

2003 56

2003 Process Governance Government 56

Planio

JUNE 19, 2023

In fact, studies have shown that around 27% of projects fail because of inaccurate task estimates, with another 11% failing due to undefined task dependencies. navy in the 1950s, the Program Evaluation Review Technique (or PERT) helps project managers worldwide estimate, plan, and visualize their projects in a way that allows them to succeed.

Planning 15

Planning Development Team Review Estimate Software Review 15

Teamweek

FEBRUARY 11, 2025

To help businesses, governments offer research and development tax credits special deductions for research and innovation to offset income tax liabilities. Besides logging hours (or estimates,) youll need to assign them to different projects, tasks, and activities and keep some records (e.g.,

Technical Review 59

Technical Review 2025 2026 Underperforming Technical Team 59

Planio

MAY 8, 2023

In fact, the digital transformation market was estimated at a whopping $731.1 However, as IT projects often require a deeper understanding of technology, many IT PMs have a background in software development or IT support. Software Developers). billion in 2022 — with no signs of slowing down.

Technical Review 78

Technical Review Software Review Development Team Review Infrastructure 78

Herding Cats

APRIL 16, 2019

Product Development (#ProdDev). Governance (#Governance). Agile Software Development (#ASD). Six Business System Rule - defines the assessment of the integrated business systems for Federal procurement and their integrity in providing information to the Government contracting office. . Strategy (#Strategy).

Technical Review 42

Technical Review Performance Measurement 2003 Underperforming Technical Team 42

Planio

SEPTEMBER 6, 2018

Or is there an end date that coincides with some other event such as a change in government regulation (like GDPR ) that affects your business model? You might be able to estimate a timeline, but as you’re working iteratively it’s not as simple as picking dates on the calendar. In Agile companies, this can often be hard to do.

Software Review 116

Software Review Technical Review Agile Estimate 116

Herding Cats

APRIL 5, 2016

There a popular notions in the agile development world that authors like Hayek and Taleb speak to how software development works. Let's look at the thesis of Hayek in light of software development and the decisions that must be made when spending other people's money in the presence of uncertainty. What is a Team?

Software Developers 28

Software Developers Software Development Software Review Software 28

Planio

APRIL 24, 2023

In 2021, the Project Management Institute estimated that by 2030 the global economy would need 25 million more project managers to keep up with the demand for change. During this phase, there’s a lot of box-ticking and governance to ensure everyone understands their ongoing requirements. But there’s a problem.

Development Team Review 78

Development Team Review 2030 Underperforming Technical Team Risk Management 78