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In today’s fast-paced business environment, the importance of efficient informationtechnology (IT) and engineering teams can’t be overstated. Use project management software to estimate project timelines and identify potential bottlenecks.
In the estimating business, like many things in project management, there is confusion about principles, practices, and processes. A good estimation approach should provide estimates that are within 25% of the actual results, 75% of the time. SoftwareEngineering Metrics and Models. Dunsmore and V.Y.
What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . If your project has no uncertainty, there is no need to estimate. All estimates have precision and accuracy. Deciding how much precision and accuracy is needed for a credible estimate is critical to the success of that decision.
There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. What are the measures of physical percent complete needed to inform the decision makers of progress to plan in order to take corrective or preventive actions to stay on plan?
Estimation locks down choices early through upfront t decision making, #NoEstimates preserves options. This is the same paradigm of Agile software development where responding to change over following the plan is part of the original manifesto. Aligning Software Investment Decisions with the Markets ," Hakan Erdogmus. "
40 - Estimation is a Problematic Practice of Companies Doing Dangerous Things. A #Noestimates advocate makes the claim that having a ±10% accuracy for estimates of cost and duration is a dangerous thing. Define the probabilistic ranges of the work in a single point estimate manner. There are databases for Function Points .
The conjecture that we can make decisions in the presence of uncertainty without estimating the impacts of those decisions is without any principles that can be tested beyond personal anecdotes of I know people who spend other peoples money without providing estimates. We need to learn how to predict with credible methods.
There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. What are the measures of physical percent complete needed to inform the decision makers of progress to plan in order to take corrective or preventive actions to stay on plan?
In all engineering worlds, from softwareengineering to bending metal for money, there is really nothing new under the sun. Rarely are softwareengineers working on science experiments. maybe a read of the resources of Estimating Agile Software Development may help. Almost impossible?
Estimating is a learned skill, used for any purpose from every-day life to management of projects. When I left for the airport this morning to catch my flight to a customer site I estimated, given the conditions, how much time I need to get to my favorite parking spot at DIA. So when you hear we can't estimate you'll know better.
This blog page is dedicated to the resources used to estimatesoftware-intensive systems using traditional and agile development methods. Cost Modeling Agile Software Development,” Maarit Laanti and Petri Kettunen, International Transactions on Systems and Applications, Volume 1 Number 2, pp. Performance Evaluation of non?Markovian
requires making estimates) ? This blog page is dedicated to the resources used to assess risks, their impacts, and handling strategies for software-intensive systems using traditional and agile development methods. IEEE Transactions on SoftwareEngineering , Vol. SoftwareEngineering Institute, January 1996.
requires making estimates) ? Taxonomy-Based Risk Identification,” Marvin Carr, Suresh Konda, Ira Monarch, Carlo Ulrich, and Clay Walker, Technical Report, CMU/SEI-93-TR-6, SoftwareEngineering Institute, June 1993. IEEE Transactions on SoftwareEngineering , Vol. SoftwareEngineering Institute, January 1996.
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