Archive for the
‘Business’ Category

Queuing Theory Queuing theory is the study of waiting lines and is associated with business in determining resources needed to achieve service business throughput objectives, but it does not just apply to services and material handling. Queuing Theory and Billable Hours I have worked at companies that had a target for billable hours, that well […]

Poor Process or Poor Execution I have used both conventional approaches to projects, as well as agile.  In fact, i have used some of the agile techniques in conventional projects with success. I know, anecdotal but perhaps an interesting anecdote. Conventional projects have had considerable high failure reported (Standish Group Studies for example).  The problem […]

Variation! Though sometimes we may refuse to recognize it, the world is a full of variation, even in the things we think or believe are constant. For example, my wife has been known to say, “you always do…” or “you never do…”, to which I retort, I am human and I am not that repeatable.  […]

In our earlier posts, we explored abuses of estimates, and then the need for the estimates in the business prioritization or what projects shall we undertake, and securing the resources to accomplish the objective. Business Case In the prior blog we discussed the connection between the estimates and the business case for the work.  The […]

Instead of  No Estimates Instead of no estimates, we should consider adjusting our approach to estimates that eliminate the abuse, and still allows for the answers to the business questions, “does this project improve our bottom line” allowing the business to determine if the company really wants to undertake the project, and if so, do […]

Estimating and Business Case Our last post explored the abuses of estimates. I thought it best to recognize the abuses, thinking acknowledging these thoughts from the no estimate crowd, may make them amenable to a discussion of how other see the problem and perhaps, eventually, a movement toward a solution that all find acceptable. Individuals […]

I would like to start off with has anybody seen an appropriate study of estimating when it comes to doing the work? Not a study that already knows the conclusion they want, but an actual scientific study.  The thoughts below are not based upon anything like that but, having seen many estimating boondoggles. I have […]

To really find the areas for cost improvement we must let go of our mental impediments to uncovering these opportunities. It is very probable that there are plenty of cost improvement possibilities. However, in our daily work execution we may not find the time to free our minds to consider these possibilities. A brainstorming exercise can go far to fuel the imagination, to open a “space” to think laterally at what may be possible. We have successfully employed this technique to: