by David | Feb 27, 2018 | Architecture Definition, Business or Mission Analysis, Design Definition, Implementation, Stakeholder Needs and Requirements, System Requirements
In a previous post, Frank emphasized the challenges of product development and the importance of pre-planning and having an A-Team involved. We put his assertions to the test over the past 2 months by developing a product that allows a non-hazardous tool to be safely...
by Frank | Feb 18, 2018 | Stakeholder Needs and Requirements, System Analysis
I heard some depressing commentary last week regarding FMECAs (Failure Mode, Effects, and Criticality Analysis). The commentary went something like this: the FMECA process is expensive, it ties up a lot of resources and offers little value. Further, on a...
by David | Feb 14, 2018 | Business or Mission Analysis, Stakeholder Needs and Requirements
During a lunch conversation last week, I offhandedly mentioned that Monte Carlo analysis should be a risk management tool for only the most mature of organizations. My remark led to an interesting conversation which leads to this tip. What’s Monte Carlo anyway?...
by Frank | Jan 3, 2018 | Business or Mission Analysis, Design Definition, Implementation, Stakeholder Needs and Requirements
We have found that the best projects typically have sufficient planning up front. This has been accomplished with a handful of the right people, most of the time. This “A-Team” is typically diverse, with decades of experience. The team is capable of:...
by David | Dec 12, 2017 | Business or Mission Analysis, Stakeholder Needs and Requirements
Making no judgement about whether or not Bitcoin is a good investment, the following chart got me thinking about exponential growth, the Laws of Nature, and project success: The graph overlays Bitcoin’s exponential rise on top of previous “bubbles”. One thing we can...
by David | Nov 28, 2017 | Business or Mission Analysis, Stakeholder Needs and Requirements, System Requirements
A few weeks ago I started the “Assess Your Schedule” series in response to a client who asked me what things I look for when I see a schedule for the first time. This week, for my final post in this series I’m going to talk about cost. Sorry, this is...