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Predictive Analytic Approaches for Estimating the Lifecycle Cost of Agile Programs
The transition to agile management approaches for Software development has introduced even more challenges for cost estimating teams, especially as they support long-term budget development and program execution. Learn about how Unison Cost Engineering is internalizing an agile program into TruePlanning.
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But We’re Agile, We Don’t Have to Estimate (Or Do We?)
The conundrum around software estimation is that at the point at which initial estimates are expected, the information about the project is often incomplete, and software intensive which increases the estimate complexity, since software is hugely malleable. Being “agile” makes an estimate easy, if your team is actually agile.
Read MoreFrom Grand to Granular, Estimating Agile Project Costs in TruePlanning
In the federal government, budgets require a multi-year planning cycle. Therefore, any effort to reduce the uncertainty of future year program costs leads to better and more defensible budgets for those years. But Agile programs focus on near term workload and activities with only limited future planning cycles identified. Future cycles are only activated as their start date nears. So any model-based cost estimate or predictive analysis for the budget needs to be flexible, responsive and adaptive to the daily dynamics of Agile program planning and execution.
Read MoreAgile Estimation – What are we Really Looking For?
Agile development requires a mind shift on the part of both the developers and consumers of software to accept the reality that things will change over the course of the project.
Read MoreWhy Benchmarking is the Right Thing to Do!
Benchmarking supports better cost estimates, leveraging analysis on your financial and project knowledge, and industry data.
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