Estimates, Schedules, Assumptions and Risks

“Though life is made up of mere bubbles, ‘Tis better than many aver, For while we’ve a whole lot of troubles, The most of them never occur.”                                                                                                 – Nixon Waterman With this post I conclude the series on scheduling and estimating that started with the basics of scheduling.  I …

Estimate Confidence Buffers, Risk Buffers and Management Reserve

“If confusion is the first step to knowledge, I must be a genius.”                                                                                                 – Larry Leissner We’re nearing the conclusion of this series that started with the basics of scheduling.  I want to tie up a few loose ends, maybe clarify some inaccuracies and address some confusion I may …

Estimates & Buffers

“A clever person turns great troubles into little ones and little ones into none at all.” – Chinese Proverb If you’ve been following the series on the well-formed schedule and the subsequent series of posts, you are aware that from the WBS you create estimates and iteratively refine those estimates …