Extracted from the book “Software Estimation – Demystifying the Black art” by Steve McConnell
What is an estimate?
Tip #1 Distinguish between estimates, targets, and commitments.
Tip #2 When you're asked to provide an estimate, determine whether you're supposed to be estimating or figuring out how to hit a target.
Tip #3 When you see a single-point "estimate," ask whether the number is an estimate or whether it's really a target.
Tip #4 When you see a single-point estimate, that number's probability is not 100%. Ask what the probability of that number is.
How good an estimator are you?
Tip #5 Don't provide "percentage confident" estimates (especially "90% confident") unless you have a quantitatively derived basis for doing so.
Tip #6 Avoid using artificially narrow ranges. Be sure the ranges you use in your estimates don't misrepresent your confidence in your estimates.
Tip #7 If you are feeling pressure to make your ranges narrower, verify that the pressure actually is coming from an external source and not from yourself.
Value of accurate estimates
Tip #8 Don't intentionally underestimate. The penalty for underestimation is more severe than the penalty for overestimation. Address concerns about overestimation through planning and control, not by biasing your estimates.
Tip #9 Recognize a mismatch between a project's business target and a project's estimate for what it is: valuable risk information that the project might not be successful. Take corrective action early, when it can do some good.
Tip #10 Many businesses value predictability more than development time, cost, or flexibility. Be sure you understand what your business values the most.
Note: This entry contains some tips from the above book. For the complete list of tips from the book, click here
Sunday, August 30, 2009
Monday, August 17, 2009
Agile Estimation!
Have a look at the presentation that I prepared on Agile Software Estimation using planning poker.
This presentation is based on some great presentations on slideshare. I provided the references in one of the last slides.
This presentation is based on some great presentations on slideshare. I provided the references in one of the last slides.
Agile Software Estimation
View more presentations from jssunil.
Sunday, July 5, 2009
Unveiling my blog!
After a lot of deliberation and many false initiations, I made a conscious decision to compose this blog. Hopefully, I intend to keep this space as latest as possible filling it with my "cogitations" on life in general, technologies i love, etc.
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