Herding Cats

Cost and Value Management for Software Development

There's a popular notion going around the agile community that says ... we focus on Value and don't need to worry about Cost. This, of course, is a violation of the principles of Managerial Finance and Microeconomics of software development... Read more →

Six Steps of Risk Management

Risk Management has six steps: Planning risk management - decides how to approach and plan the risk management activities for the project. Identifying the Risks - determines with risk are likely to affect the project and documenting the characteristics of... Read more →

3 Questions That Must Be Asked at Every Project Management Meeting

I came across a post on Twitter that led me to the blog post 3 Questions You Need to Ask at Your Next Meeting. Please subscribe to their newsletter The three questions are the foundation for any meeting, but they're... Read more →

Managing in the Presence of Risk

Information technology project risk often comes from non-technical aspects of the initiative. Assessing the impact of technology on people, management systems and other initiatives is essential to assure project success. "We automate problems" This department slogan was posted on an... Read more →

Quote of the Day

"Uncertainty management is not just about managing perceived threats, opportunities, and their implications; it is about identifying and managing all the many sources of uncertainty that give rise to and shape our perceptions of threats and opportunities. It implies exploring... Read more →

Why Johnny Can't Do The Math

A previous post, Why Johnny Can't Estimate, mentioned some resources for estimating, the principles of business and technical management that demand estimates be made to make decisions, and background on the sources of uncertainty, that create risk, that require estimating... Read more →

Quote of the Day

"Would you tell me, please which way I ought to go from here? 'That depends a good deal on where you want to get to,' said the Cat. 'I don't much care,' said Alice. 'Then it doesn't matter which way... Read more →

The CIO's Contribution to Project Failure

IT project failure starts with demanding the project maintain its budget and delivery times in the absence of a Plan to go along with the Schedule of the work. Failure starts with the lack of an adequate description of what... Read more →

Quote of the Day

Every person takes the limits of their own field of vision for the limits of the world. — Arthur Schopenhauer What does that mean? Each of us has our limits. For some, the limit is in the seeing, for others,... Read more →

Modeling the Future is the Basis of Project Success

There's a notion going around that ... “I don’t believe you can make a model of a possible future.” This ignores the principles of predictive analytics, and the direct management actions taken to produce outcomes from those analytical models found... Read more →

Connecting "What" with "How" - and the Failure to Understand the Principles of Systems Engineering and Systems Management

It's been said by an agile voice that ... Progress and value delivery are not the same thing. In the end, of course, value (to someone) is important. And in the standard-for-today structure of programming for money, we divide what... Read more →

Reading List for the Cone of Uncertainty

The Cone of Uncertainty is a useful approach to defining the expected range of uncertainty at specific stages in a project. The primary purpose of software estimation is not to predict a project’s outcome; it is to determine whether a... Read more →

Why Johnny Can't Estimate? (Update)

I work in a domain where engineered systems are developed for complex software-intensive system of systems. These systems are engineered with a variety of development methods. Ranging from traditional to agile and combinations in between. These systems are developed for... Read more →

Quote of the Day

I am not much given to regret, so I puzzled over this one a while. Should have taken much more statistics in college, I think - Max Levchin, Paypal Co-Founder Probability and statistics is the basis of all decision making... Read more →

Quote of the Day

No sensible decision can be made without taking into account not only the world as it is, but the world as it might be — Isaac Asimov To make sensible decisions, in the presence of uncertainty - reducible and irreducible... Read more →

Don't Be Fooled

This is a new Category on Herding Cats that comes from my finishing of the book Standard Deviations: Flawed Assumptions, Tortured Data, and Other Ways to Lie with Statistics, Gary Smith. Of late I've encountered many people on the web... Read more →

Classification of Different Types of Uncertainty

From "Facets of Uncertainty: Epistemic Uncertainty, non-Stationarity, Likelihood, Hypothesis Testing, and Communication," Keith Beven, Hydrological Sciences Journal, Volume 61, No. 9, pp. 1625-1665. Type of uncertainty Description Aleatory Uncertainty with stationary statistical characteristics. May be structured (bias, autocorrelation, long-term persistence)... Read more →

Book of the Month

The standard way of thinking about decisions is backward, says Ralph Keeney: People focus first on identifying alternatives rather than on articulating values. A problem arises and people react, placing the emphasis on mechanics and fixed choices instead of the... Read more →

Quote of the Day - Sample Errors

Observational studies are inherently challenging because of the potential for self-selection bias and confounding factors. Always be wary of studies the use the data to discover the theory. - Standardd Deviations: Flawed Assumptions, Tortured Data, and Other Ways to Lie... Read more →

Monte Carlo Simulation

Estimation is part of project management. The most important estimates for the project manager are related to time and cost. And remember you're High School Economics class - The Value of something cannot be determined alone, you need to know... Read more →