This is the webinar I did through the ITMPI today covering estimation and project success as well as estimation process and best practices. Estimation, Planning & Control Can Make The Difference Between Project Success and Failure…
I had the privilege of presenting "IT Risk Management Through Process, Estimation and Measurement" at the Manila ITMPI conference on the topic of IT risk management. There was a large, savvy audience, eager to further explore this topic. As we have seen in other countries, many don't look at estimation, planning, measurement, and control as critical processes. Those organizations often have less than successful projects, late, over cost, and with missing functionality. Conversely, those organizations that do spent mind-share on these critical planning and management functions perform much better. Of course not all their projects are successful, but many more …
I was pleased to present at the joint CAST / Galorath event. My paper, "Understanding Cost & Affordability Using SEER as a Common Benchmark, Driven By Facts," covers use of parametrics as a common language for describing estimation problems and solutions. It also points out how parametrics can be the basis of affordability trade-offs even when the final cost may be produced bottoms-up. Additionally it illustrates how SEER parametrics combine with data and provide traceability and confidence by the facts of prior systems. The following graphic illustrates the savings in time as well as the potential number of …
GAO Cost Estimating and Assessment Guide: Best Practices for Developing and Managing Capital Program Costs
The CAST / Galorath meeting in the Washington DC area included excellent presentations and speakers. Thanks to GAO's Karen Ritchie for her presentation covering the GAO Cost Estimating and Assessment Guide.
Karen's presentation: GAO Cost Estimating and Assessment Guide: Best Practices for Developing and Managing Capital Program Costs covered the need for repeatable estimating process, and the concepts and lessons learned from the cost assessment guide.
Purpose of the Guide is to
- Address best practices for ensuring credible program cost estimates for both government and industry
- Provide a detailed link between cost estimating and Earned Value Management (EVM)
Here are the slides from the Galorath / David Consulting Group estimating clinic held in New York City. There were interesting discussions encompassing dealing with impossible demands, understanding risk and risk management, sizing, and a number of other topics. Note: The Galorath slides and the DCG slides are combined in the one PDF file.
Concepts of IT providing business value to the organization were also discussed in detail.
Thanks to all who attended and especially to Mike Harris and David Herren for their insights.…
Lee Fischman's article on data driven estimating follows:Summary
- Galorath constantly collects data from many sources, both public and private.
- Data must be processed to be useful, using methods that Galorath routinely and openly discusses.
- In addition to data, numerous other sources play an important role in maintaining the accuracy of SEER for Software estimates.
- As important as data is, innovation is equally so. The core SEER model has been improved and extended over time, and new features have been added, to make estimating ever easier, more applicable, and more accurate.
- Data Driven Estimating Part 2: Data Driven Estimating Features
Dan Galorath briefed the Galorath estimate maturity model, a method of evaluating where the organization is in estimation practice and where it wants / needs to go.
This paper discusses poor estimates and their impact on projects as well as how to improve estimate maturity as a means to more successful projects.
The presentation concludes:
- Estimation and estimation process are core for successful software projects
- Improving estimate maturity can improve your project success rate
- Gartner says even SEER use improves estimate vs. actual variance by 50%
- A good guess is not a substitute for a viable estimate
- Looking at
Dan will be speaking at the Chicago SPIN on November 12, 2009 on the topic of controlling software projects. Estimation, planning, control, metrics, and maintenance for a total ownership cost view will be discussed.
The presentation is here: Chicago SPIN November 2009 Galorath Presentation Controlling Software Projects Development Is Only Job 1
PS Dan looks forward to his short visit to Chicago, his home town. And is going to carefully avoid pizza, hot dogs, and Italian beef while he is there.
The flyer follows:…
I was asked today for a SEER-SEM 10 Step estimate review checklist. Of course there are checklists in my book:
105 – 107; Step Seven: Estimate Validation and Review
108 – 109; Estimate Review Activities
117 – 128; Estimate Process Questionnaire
432 – 434; SEER-SEM Estimation Process Step 7: Review, Verify and Validate Estimate
And a blog that includes some of the checklists
There are also a number of other useful checklists:
It has been rewarding working with the Computer Aid (CAI) people, the people who sponsor the ITMPI in tying together best practice approaches (SEER for Estimating, Planning and Control and Computer Aid's Tracer for metrics, reporting and root level management). I am always inspired when I hear the CAI people explain their process and success in fixed price software development and maintenance. They do it by a number of methods and processes. But the one that always makes me the most excited is their Tracer software. Tracer allows root level tracking of tasks and progress, providing near real time feedback …