18 Questions
What is the average overrun in weeks that Schlumberger was able to reduce to?
35 weeks
What percentage of projects does one of the author's client companies deliver on time and within budget?
97%
What is the concept missing from Jones's and Conte, Dunsmore, and Shen's definitions of estimation?
Effective project control
What is the principle that is applied to software estimation, according to the author?
Heisenberg's Uncertainty Principle
What is the result of Telcordia's project delivery, according to Pitterman (2000)?
98% of projects on time and within budget
What is the common misconception about software estimation, according to the author?
It is a purely predictive activity
What is the significance of the word 'estimate' being in quotation marks in the context of project delivery?
It indicates that the project that was estimated is not the same project that was ultimately delivered
What is the primary reason for focusing on the art of estimation rather than the science in project management?
Project assumptions can change significantly over time
What is the definition of a good estimate in project management?
An estimate that provides a clear view of the project reality to make good decisions
What is the criteria for evaluating estimation models discussed in Conte, Dunsmore, and Shen's book?
Within 25% of actual 75% of the time
What is the consequence of having project results close to the original estimates when project assumptions change significantly?
The accuracy of the estimates is irrelevant
What is the purpose of estimation in project management?
To provide a clear view of the project reality to make good decisions
What is a major challenge in evaluating the accuracy of project estimates?
The project's scope and assumptions change during its execution
What is the primary criterion for a 'good' estimate in software project management?
Its ability to support project success
Why is it difficult to make a clean analytical assessment of a project's estimation accuracy?
The project's deliverable is not the same as the one originally estimated
What is the implication of the 'analytical impurities' in project estimation?
Estimation is an imperfect process
What is the purpose of estimation in software project management?
To support project success
What is the implication of the project's scope and assumptions changing during its execution?
The project's estimation is uncertain and prone to change
Test your understanding of project management concepts, including estimation and timeliness, with examples from companies like Schlumberger and Telcordia. Learn how to improve project delivery accuracy and reduce overruns. Evaluate your knowledge of project management techniques and best practices.
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