Project Estimation with Critical Chain: Third-Generation Risk Management

by Richard E. Zultner

Why are so many software organizations interested in estimating projects better? Because they want their projects to be on time -- and perhaps in the recent past they've had at least one major failure in doing so? Why are so many software organizations interested in risk? Risk covers a multitude of causes, but ultimately risk affects the likelihood of your project schedule being delayed. We consider risks that threaten the deadline of a project to be major risks. So to improve our ability to deliver projects on time, we must improve project estimation and risk management. But before we can improve, we need to understand the problem we face in this area.

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Project Estimation with Critical Chain: Third-Generation Risk Management July 1999