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Money Pit

 We just released the Money Pit: The True Cost of a Project. The purpose of this research note is to consider the true cost of a project. This research note also updates the original 2012 The True Cost of a Project white paper. For this report we examine the cost of two similar projects in the Standish database undertaken in two very different environments—a mature institutional environment (Fat) and an agile environment (Lean)—against the true… Read more
 

Fat versus Lean

A new research report coming out soon is titled Money Pit: the true cost of a project.  In this advanced research report we are using Fat and Lean for the names of the two projects profiled in the report. Let us first define what we mean by fat in the context of this paper.  Fat to us is the part in a project that provides little to no value.  Many people justify larger projects based… Read more

Two By Four

In the real estate business they use comps to price a house for sale. If the house next door sold for $300,000 and the house across the street sold for $350,000.  Then this data is used as a starting point for your home.  In the IT business we use thousand lines of code (KLOCS).  If you think about this it would be like pricing your home by the number of 2 X 4s used.  We… Read more
 

Tools for Fools

We just released the Tools for Fools research report. Tools for Fools looks at Enterprise Project and Portfolio Management Solutions (EPPMS).  Tools for Fools report is an advanced thinking research report.  The purpose of this report is to present five years of research on the value of EPPMS.  In this report we consider if EPPMS increases the value of project investments. In this report we consider if EPPMS increases customer satisfaction of your project investments. … Read more

Maxim of the Show

A maxim is a short, pithy statement expressing a general truth or rule of conduct.  During most CHAOS Tuesday Shows we have a maxim.  The show maxim bit started on May 14, 2013 with Show #5 titled Collaborating.  The  maxim was from Robert Holler, CEO and Founder of VersionOne.  Mr. Holler was our guest on the show and started the tradition. Robert’s maxim was “Communicate, colaborate, facilidate, and succeed”.   Since show #5 almost every CHAOS… Read more
 

Factors of Value

Mario Andretti, Formula One championship driver, once said, “If everything seems under control, you're just not going fast enough.” Is it possible for your organization to give up control to increase product delivery and gain higher values?We just released the “Factors of Value,” an advanced thinking research report.  The idea of this report is to define and explain the Factors of Value. In addition, we provide investment guidance and compare the value factors against the… Read more

Stanmets

It has been twenty years in the making. The Standish Group found that common measurements such as thousand lines of code (KLOCS) and function points (FPS) were neither consistent across organizations nor fully descriptive to form true normalization for effective cross organization or project comparatives.  In addition, sometime there is no code. For example, packages are purchased off-the-shelf.  Other times there is a mix of components and development. Yet, these projects are included in the… Read more
 

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