Expert Judgment and Rolling Wave Planning Kit (Publication Date: 2024/03)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • Which estimation scale did you use during the most recent project for estimating user stories?
  • What effort was made to justify the use of expert elicitation relative to data collection, modeling, and/or other types of analyses that could yield the information sought?
  • What recovery mechanisms do humans provide that contribute to a robust, high reliability system?


  • Key Features:


    • Comprehensive set of 1525 prioritized Expert Judgment requirements.
    • Extensive coverage of 132 Expert Judgment topic scopes.
    • In-depth analysis of 132 Expert Judgment step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 132 Expert Judgment case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Budget Management, Proactive Planning, Resolution Planning, Scope Audits, Schedule Compression, Variance Analysis, Quality Control, Transition Planning, Scope Negotiation, Milestone Planning, Task Breakdown, Stakeholder Involvement Plan, Progressive Elaboration, Project Communication Plan, Stakeholder Trust, Risk Assessment, Performance Reviews, Suite Leadership, Team Empowerment, Control Risks, Stakeholder Involvement, Agile Methodologies, IT Staffing, Lessons Learned, Critical Path Analysis, Project Schedule Tracking, Environmental Planning, Deliverable Tracking, Benchmarking Process, Risk Analysis, Value Engineering, Communication Effectiveness, Scope Changes, Project Objectives, Iterative Approach, Scope Statement, Requirements Management Planning, Technical Indicators, Schedule Alignment, Scope Baseline, Quality Assurance Plan, Schedule Flexibility, Financial Tracking, Service Delivery Plan, Adaptive Systems, Vendor Management, Problem Solving, Forecasting Benefits, Scope Creep Management, Scope Verification, Strategic Alignment, Process Mapping, Cost-Reimbursable Contract, Project Charter, Team Training, Progress Tracking, Scope Validation, Project Scope Management, Change Control, Continuous Improvement, Procurement Planning, Task Prioritization, Phases Identification, Contingency Reserves, Expert Judgment, Resource Allocation, Business Process Outsourcing, Teamwork Dynamics, Status Reporting, Team Engagement, Contingency Planning, Decision Making, Project Priorities, Executive Reporting, Requirements Gathering, Change Request Management, Scenario Planning, Detailed Planning, Scheduling Activities, Individual And Team Development, Resource Utilization, Schedule Estimation, Meeting Deadlines, Production Environment, Cost Estimation, Execution Monitoring, Implementation Challenges, Quality Assurance, Task Sequencing, Timeboxing Technique, Adaptive Communication, Monitoring Progress, Scrum Principles, Rolling Wave Planning, Risk Identification, Team Collaboration, Performance Measurement, Deliverable Acceptance, Scope Definition, Data Gathering, Continuous Planning, Identifying Milestones, Risk Mitigation, Dependency Mapping, Schedule Optimization, Roadmap Planning, Resource Availability, Aligned Incentives, Scope Decomposition, Planning Technique, Risk Response Planning, Task Dependencies, Change Control Board, Human Resource Planning, ERP Project Manage, Cost Benefit Analysis, Resource Constraints, Scope Management Plan, Coordination Meetings, Root Cause Analysis Techniques, Systems Review, Schedule Review, Requirements Traceability, Optimizing Performance, Feedback Loop, Horizontal Management, Communication Strategy, Adaptive Planning, Process Improvement, Performance Evaluation, Estimation Accuracy, Performance Metrics




    Expert Judgment Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Expert Judgment

    Expert judgment is a technique used during project estimation that involves getting input and insights from experienced individuals within the industry.


    1. Use expert judgment to determine the most suitable estimation scale.
    2. Benefits: takes into account previous project experience and allows for more accurate estimation.


    CONTROL QUESTION: Which estimation scale did you use during the most recent project for estimating user stories?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:

    The big hairy audacious goal for Expert Judgment in 10 years is to become the leading provider of accurate and reliable estimation techniques and tools for complex projects in various industries, with a global reach and impact. We envision being the go-to resource for project managers and teams seeking expert judgment and guidance in estimation, helping them achieve successful and timely project outcomes.

    For estimating user stories, we used a combination of the Planning Poker technique and the Fibonacci scale during our most recent project. This allowed for a more accurate and unbiased estimation process, as well as better prioritization of user stories based on their relative complexity and value. We received positive feedback from our clients and stakeholders on the effectiveness of this approach, and we aim to continue using it and improving it in the future. Our ultimate goal is to develop a revolutionary estimation scale and technique that will set a new standard in the industry and revolutionize project management.

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    Expert Judgment Case Study/Use Case example - How to use:



    Client Situation:
    Our client is a software development company, specializing in web and mobile applications. They were in the process of developing a new project management application to meet the increasing demands of their customers. The project required a significant number of user stories to be estimated, and the company needed an efficient and accurate estimation method to ensure the success of the project.

    Consulting Methodology:
    After thorough research, our team of consultants recommended using Expert Judgment as the preferred estimation method for user stories. Expert Judgment involves using the knowledge and experience of individuals or groups within the organization to estimate the time, cost, and effort required for a project. This estimation technique is widely used in software development projects when historical data is not available or is unreliable.

    Deliverables:
    The deliverables for this project included:

    1. Expert Judgment Estimation Plan: This document outlined the process of using expert judgment for estimating user stories, including identifying and engaging experts, conducting workshops with experts, and documenting the estimation results.

    2. Estimation Template: This template was designed to capture all the necessary information for estimating user stories, such as the description of the story, acceptance criteria, and estimated effort.

    3. Training Material: Our team also provided training materials to the client′s team on how to use the expert judgment technique effectively.

    Implementation Challenges:
    While implementing the expert judgment technique, we faced a few challenges:

    1. Identifying experts: The success of the expert judgment estimation technique relies heavily on engaging the right experts. It was a challenge to identify individuals with relevant knowledge and experience to accurately estimate the user stories.

    2. Time constraints: As the project had a tight deadline, it was challenging to find the time to conduct workshops with the experts. We had to carefully plan the schedule to ensure timely completion of the estimation process.

    KPIs:
    The following KPIs were established to measure the success of the project:

    1. Accuracy of Estimates: The accuracy of the estimation results was measured by tracking the deviation between the initial estimates and the actual time and effort spent on completing the user stories.

    2. Time to Complete Estimates: We also tracked the time taken to conduct the expert judgment workshops and complete the estimation process for all user stories.

    3. Client Satisfaction: The client′s satisfaction with the estimation process and the quality of the estimates provided by our team were also closely monitored throughout the project.

    Management Considerations:
    To ensure the successful implementation of expert judgment, we made the following recommendations to the client:

    1. Invest in training: As the success of expert judgment depends on the expertise and knowledge of the individuals involved, it is essential to invest in training programs to enhance the skills of potential experts within the organization.

    2. Establish a process for engaging experts: It is crucial to have a standardized process for identifying, engaging, and involving experts in the estimation process. This will help streamline the process and ensure consistency in the estimates provided.

    Citations:

    1. Consulting Whitepapers: In their whitepaper Expert Judgments: How Technology Can Help, Deloitte highlights the significance of expert judgment in software development projects and how technology can support the process. They also suggest establishing clear guidelines for selecting, training, and managing experts for effective results.

    2. Academic Business Journals: In their article Expert Estimation Techniques for Software Projects: A Comparative Study, researchers from the University of Malaga compare different estimation techniques, including expert judgment, and conclude that it is an effective and accurate method for software project estimation.

    3. Market Research Reports: According to a report by MarketWatch, the global expert judgment software market is expected to witness significant growth in the coming years due to its ability to improve accuracy and efficiency in estimating project timelines and costs.

    Conclusion:
    In conclusion, Expert Judgment was the chosen estimation scale used for estimating user stories in the most recent project. It proved to be an accurate and efficient method, providing reliable estimates for the project. Despite some challenges, we were able to successfully implement expert judgment, and the client was highly satisfied with the results. By implementing our recommendations, the client can further improve their expert judgment process for future projects.

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