SlideShare une entreprise Scribd logo
1  sur  52
Project Estimation:Demystifying the Black Art
How good an estimator are you?
For the following questions… ,[object Object]
 Do not make your ranges either too wide or too narrow
 Make the range so you believe there is a 90% chance of      including the right value
What is the surface temperature of the Sun?
What is the weight of the heaviest blue whale ever recorded?
Quiz Results
We stink at estimation.
Psychology works against us.
Psychology works against us. ,[object Object]
 Protection of pride
 Influence from expectations,[object Object]
 We don’t plan accordingly
 We don’t execute correctly
 We don’t reflect properly,[object Object]
 We don’t plan accordingly
 We don’t execute correctly
 We don’t reflect properly,[object Object]
Probability of correct estimation 100%
Quiz Expectations 90%
Business Expectations 25%
Single Point Estimations > 1%
Under-estimation ,[object Object]
 Reduced chance of on-time completion
 Destructive late-project dynamics,[object Object]
 Student Syndrome,[object Object]
My Business Expectations 50% 25% 75%
We don’t like ranges
Put uncertainty into your estimation practices
The Golden Spiral
Planning Poker
Tainting estimates with customer expectations
We don’t know what  we are estimating
“Build me a house.”
Find your project’s estimation cornerstones
How Many Bedrooms? ,[object Object],   1 stall garage, small or shared yard. ,[object Object],  2 bathrooms, 2 stall garage, yard
How Many Bedrooms? ,[object Object],   defensive responses ,[object Object],   (i.e. size and complexity will fit inside details)
2 Day Crutch Method
2 Day Crutch Method ,[object Object],  of unknown or large features
2 Day Crutch Method ,[object Object],  of unknown or large features ,[object Object],   lengthy known features
2 Day Crutch Method ,[object Object],  of unknown or large features ,[object Object],   lengthy known features ,[object Object],   when something is really unknown
Modifying estimates  with “control knobs”
Psychology works against us. ,[object Object]
 We don’t plan accordingly
 We don’t execute correctly
 We don’t reflect properly,[object Object]
Estimation = Planning “Plans are worthless — but planning is everything.”  —Dwight D. Eisenhower
Psychology works against us. ,[object Object]
 We don’t plan accordingly
 We don’t execute correctly

Contenu connexe

Similaire à Project Estimation: Demystifying the Black Art

Software estimation is crap
Software estimation is crapSoftware estimation is crap
Software estimation is crapIan Garrison
 
Get to Oz by Making Better Strategic Decisions v5
Get to Oz by Making Better Strategic Decisions v5Get to Oz by Making Better Strategic Decisions v5
Get to Oz by Making Better Strategic Decisions v5leepublish
 
Magically predictable software delivery ralf westphal
Magically predictable software delivery   ralf westphalMagically predictable software delivery   ralf westphal
Magically predictable software delivery ralf westphalRenald Wittwer
 
Ryan Ripley - The #NoEstimatesMovement
Ryan Ripley - The #NoEstimatesMovementRyan Ripley - The #NoEstimatesMovement
Ryan Ripley - The #NoEstimatesMovementProjectCon
 
Agile Software Estimation
Agile Software EstimationAgile Software Estimation
Agile Software EstimationSunil Jakkaraju
 
Anti-MOOCs: The design of MACROSIMs
Anti-MOOCs: The design of MACROSIMsAnti-MOOCs: The design of MACROSIMs
Anti-MOOCs: The design of MACROSIMsdws1d
 
Esteem and Estimates (Ti Stimo Fratello)
Esteem and Estimates (Ti Stimo Fratello)Esteem and Estimates (Ti Stimo Fratello)
Esteem and Estimates (Ti Stimo Fratello)Gaetano Mazzanti
 
Shields Capstone Project
Shields Capstone ProjectShields Capstone Project
Shields Capstone ProjectMatt Shields
 

Similaire à Project Estimation: Demystifying the Black Art (10)

Software estimation is crap
Software estimation is crapSoftware estimation is crap
Software estimation is crap
 
Get to Oz by Making Better Strategic Decisions v5
Get to Oz by Making Better Strategic Decisions v5Get to Oz by Making Better Strategic Decisions v5
Get to Oz by Making Better Strategic Decisions v5
 
Magically predictable software delivery ralf westphal
Magically predictable software delivery   ralf westphalMagically predictable software delivery   ralf westphal
Magically predictable software delivery ralf westphal
 
Ryan Ripley - The #NoEstimatesMovement
Ryan Ripley - The #NoEstimatesMovementRyan Ripley - The #NoEstimatesMovement
Ryan Ripley - The #NoEstimatesMovement
 
Agile Software Estimation
Agile Software EstimationAgile Software Estimation
Agile Software Estimation
 
Anti-MOOCs: The design of MACROSIMs
Anti-MOOCs: The design of MACROSIMsAnti-MOOCs: The design of MACROSIMs
Anti-MOOCs: The design of MACROSIMs
 
Esteem and Estimates (Ti Stimo Fratello)
Esteem and Estimates (Ti Stimo Fratello)Esteem and Estimates (Ti Stimo Fratello)
Esteem and Estimates (Ti Stimo Fratello)
 
Shields Capstone Project
Shields Capstone ProjectShields Capstone Project
Shields Capstone Project
 
PDC+++ Module 2 Class 3 Visioning
PDC+++ Module 2 Class 3 VisioningPDC+++ Module 2 Class 3 Visioning
PDC+++ Module 2 Class 3 Visioning
 
Enchant at BIMTECH
Enchant at BIMTECHEnchant at BIMTECH
Enchant at BIMTECH
 

Dernier

A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdftbatkhuu1
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insightsseri bangash
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...Suhani Kapoor
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 DelhiCall Girls in Delhi
 

Dernier (20)

A305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdfA305_A2_file_Batkhuu progress report.pdf
A305_A2_file_Batkhuu progress report.pdf
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insights
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
VIP Call Girls Gandi Maisamma ( Hyderabad ) Phone 8250192130 | ₹5k To 25k Wit...
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
9599632723 Top Call Girls in Delhi at your Door Step Available 24x7 Delhi
 

Project Estimation: Demystifying the Black Art

Notes de l'éditeur

  1. 10,000 F / 6,000 C
  2. 380,000 lbs170 metric tons
  3. Budget, Timelines,
  4. What materials should we use?What is your budget?What is your time frame?What about details X,Y,Z?
  5. By asking how many “bedrooms” you should be able to make a huge amount of assumptions up until you get hit with a modification that breaks the norm. These “normality breakers” however are commonly very out in the open (nobody expects a house builder to come in on time and under budget if you neglected to mention the swimming pool and sun room, therefore it gets mentioned).How many Epics / Themes can I detect early on? (for those using user stories)How many Roles / Persona have been mentioned?How many integration points are needed?Depending on your environment, there might be a completely different set of criteria you might look at as a “bedroom”; however, I do believe that you will always be able to find at least one. The client budget and time frame is always on the forefront of the discussion; however, those are variables that [regardless of what they say] are mutable, their need for a 3 bedroom house is not.
  6. How many Epics / Themes can I detect early onHow many Roles / Persona have been mentioned?How many integration points are needed?Depending on your environment, there might be a completely different set of criteria you might look at as a “bedroom”; however, I do believe that you will always be able to find at least one. The client budget and time frame is always on the forefront of the discussion; however, those are variables that [regardless of what they say] are mutable, their need for a 3 bedroom house is not.
  7. - Estimation : Unbiased, analytical process - Planning: Biased, goal seeking activity Estimates form foundation for plans, not vice versa Hazardous to want the estimation to come out to a particular result Result: Bad estimates *and* bad plans
  8. “Plans are worthless — but planning is everything.” —Dwight D. Eisenhower
  9. - Premature commitments routinely sabotage projects [McConnell 2005]- Meaningful commitments are not possible in the wide part of the cone Effective organizations delay their commitments until they have forced the cone to narrow
  10. Hofstadter's Law: It always takes longer than you expect, even when you take into account Hofstadter's Law.
  11. progress is never linear is the first step in understanding why projects are never under budget
  12. One of the best reasons [from a management perspective] to adopt Scrum is the fact that iterations are “accountable commitments” to what the team could accomplish in a week…nobody should ever be held accountable for estimationsBeing a responsible estimator is important, but being responsible for your estimates is not. You have to build the solution, you should not also have to manage the budget. Put your estimations in ranges with probabilities and let your manager manage the costs and risks of the project.