• Predictive Analytics for Improved Cost Management  



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The Capability Maturity Model Integration – Development (CMMI-Dev) is a model designed to help organizations achieve and institutionalize process maturity. CMMI specifies the goals that need to be achieved to reach a specific maturity or capability level – it is neither rigid nor prescriptive with how exactly these goals are to be met.   Agile is a philosophy and set of tenets  for software projects that are characterized by highly collaborative, cross-functional teams who work closely with their customers to deliver regular increments of functional software capability that the customers and end users are happy with.  Neither the agile philosophy ...
It is common for consumers of TruePlanning Cost Analysis to request some type of uncertainty analysis and this is frequently a request for an 80% confidence level report. TruePlanning can produce an uncertainty report and provide confidence levels, but some organizations have a prescribed method for generating uncertainty analysis based on the use of Monte Carlo. Many of these organizations use @Risk to perform Monte Carlo analysis. TruePlanning has an integration with TruePlanning so TruePlanning users can satisfy the development of an 80% confidence level base on inputs in TruePlanning projects. Recently a customer contacted PRICE and indicated that ...
TruePlanningXL is the new Excel based interface to TruePlanning. TruePlanningXL gives uses the ability to work with TruePlanning projects in Excel. This includes allowing users to update inputs, calculate, calibrate and even create new projects. Much of the work performed in Excel on TruePlanning projects involves setting input values. The majority of inputs are single values and are available on the PBS sheet provided by TruePlanningXL. There are, however, some inputs that do not fit well on the PBS sheet: temporal inputs. Temporal inputs are inputs that contains multiple values to reflect values over time. In the TruePlanning application, ...
The 2017 Crash Report is now available.   This is a report of CAST’s Research on application software health.  The results are based on a study of the structural quality of 1850 applications totaling more than one billion lines of code from around the world based on five health factors that measure: Robustness – measuring the likelihood of outages and time to repair based on poor implementation practices Security – measuring violations of secure coding practices which can lead to security breaches and data theft Performance Efficiency – measuring potential performance  ...
Field Programmable Gate Arrays (FPGA) are integrated circuits designed to be configured by a designer after manufacturing.  In recent years, FPGA usage has been increasing at a rapid pace, as their capability (speed, energy efficiency, amount of logic that can fit on the chip, etc.) has come to rival ASICs.  As both the number and size of FPGA projects has increased, improving methods of cost estimation of these projects is becoming more critical for project success. FPGA development combines aspects of both hardware development and software development.  These projects begin with architectural design and writing code in a Hardware Description ...
Check out this article on “The History and Purpose of the Capability Maturity Model (CMM)” (https://toughnickel.com/business/The-History-and-Purpose-of-the-Capability-Maturity-Model-CMM) It provides an interesting and thought provoking accounting of how the Carnegie Mellon University’s (CMU’s) Software Engineering Institute (SEI) came to be and how the quest of NASA and the US Air Force lead the charge to improve software quality.  According to the article – “The Capability Maturity Model was developed to ensure success when success really matters – at NASA and in the military where lives are on the line and success is survival”.  The problem the industry had with this quest ...
In my previous blog, I discussed the newly available in TP2016.0 (16.0.6187.2) API feature of calibration. Now reliable and repeatable calibrations can be set up through the TruePlanning API easily and quickly. For most users the standard calibration usage will be all they need. That said, there are some users who would like to use a feature that is available the TruePlanning Calibration GUI: the ability to calibrate multiple inputs in one calibration.  The most common reason to use a constant in a calibration is to find a single value, such as Organizational Productivity, across multiple Cost Objects that yields ...
Of the many features that help TruePlanning stand out as the premier predictive cost analytics tool, TruePlanning’s ability to calibrate is frequently cited by users as the most important feature in TruePlanning. Users can create models that are highly tuned to the organizations and processes that they are modelling. The 50,000-foot description of calibration is to increase the fidelity of a model to a known process or organization by using ‘actuals’ (known result data) and driving TruePlanning inputs so that the known values are obtained. A concrete example would be knowing the number of hours it took create a ...
Check out the November/December issue of Crosstalk (http://www.crosstalkonline.org/issues/novdec-2016.html) “Beyond the Agile Manifesto.”  Here you will find several really great articles on the uses and the future of agile development.  As usual I started at the end with David Cook’s Backtalk article – “Too Agile for my Own Good”( http://static1.1.sqspcdn.com/static/f/702523/27309805/1477697823283/201611-Cook.pdf?token=ayD00sE4rcknGJpn6XEk1O08YBk%3D).  Cook not only shared whimsical information about his favorite grocery items along with his curmudgeon-like  frustration with the stores insistence on changing things up occasionally by moving familiar items to unfamiliar locations throughout the store.  Cook admits however that this behavior – while originally annoying has resulted in improvements in the ...
Crowdsourcing is the practice of harnessing the power of the crowd to solve problems or accomplish certain tasks.  The expression Crowdsourcing was coined as a portmanteau of the words crowd and outsourcing.  While advances in technology have pushed this practice to the forefront recently – the notion has been around for a long time. It is a participative online activity where questions and tasks are proposed by an individual or organization via a particular crowdsourcing platform.  Individuals or groups of individuals who belong to that community – accept the challenge and attempt to answer the question or complete the proposed ...