Remove Estimate Remove Project Cost Remove Software Engineering
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Kanban History: Origin & Expansion Across Industries

ProjectManager.com

While kanban systems were once analog, they have since moved into the digital space and are often found in project management software. ProjectManager is award-winning project and portfolio management software that has powerful kanban features that can estimate project costs and track resource allocation.

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Project Budget Example: How to Create an Accurate Project Budget for Junior Project Managers

PM Basics

We’ll review the project budget example in just a minute. When you think about the project budget, what comes to your mind? I need accurate estimates. To create an accurate project budget, you need to identify 100% of project work. You can guess and make the high-level estimation that has a bullet-proof buffer.

Budget 82
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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

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. Turns out in the real world there is no such project. All estimates have precision and accuracy. Accuracy - how close is the estimate to the actual value?

2003 46
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Two Parallel Processes of Project Success - Both Value and Delivery are Needed

Herding Cats

For software development, those scarce resources are people, time, and money. Software engineering economics is a topic that addresses the elements of software project costs estimation and analysis and project benefit-cost ratio analysis. This is the foundation for estimates.

Process 45
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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Software engineering economics." IEEE Transactions of Software Engineering, 1 (1984): 4-21.

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The Beginner’s Guide to Using Project Planning Software

Paymo App

Knowing what to do, how a task should be completed, and when your deadline is up can be essential for any project’s evolution. Planning before moving on to work on a task can also keep your team’s work organized, help you save time during execution, and cut down on project costs. When should the project be completed?

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A Wrap Up of the #NoEstimating Conjecture Analysis to Date

Herding Cats

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.