Estimating the time needed to execute an IT project has turned out to be a major challenge in daily praxis. Despite high inaccuracies, these estimations are important as they can be used to determine the cost for offering an IT project and in deciding whether to execute it at all. In this study we focused on the estimations for user stories created within an agile work setting, averaging 5 hours of work. Although not shining a positive light on current estimation accuracy, the research does give some interesting insights and provides several ideas for future steps to improve it.
Machine Learning
Canceling ideas and projects is an important part of the Innovation Portfolio Management (IPM) process as stopping the unsuccessful ones avoids sunk costs and sets free resources for successful ideas and projects.
Escalation of commitment in NPD and COST SAVING IT projects
Stopping unsuccessfull IT projects is high on the agenda of senior management. Learn from the natural experiment we published on how to influence project approvals and rejections in waterfall environments just by changing the governance setup.
Cloudify Your Reports
Are you tired of searching, copying and pasting project information in recurring status updates? Would you like your team to use their time more effectively as to reformatting slides or spread sheets for senior management updates over and over again?
