Description:
High-level planning is planning the initial budget and also the range of the time frame for that project. It does not include detailed project plans – these will be developed later. Management has to plan in order to make sure they have the financial means and the resources for all the projects the company has. We don’t plan in detail what is not absolutely necessary to plan. So, the plan itself is created with the appropriate buffers protecting the decisions that have to be included in the plan from the "common and expected uncertainty" aka common cause variation. The short-term details, like the scheduling, are done based on the immediate needs and capabilities - and we look on these schedules as the execution of the higher level plan. We propose a probabilistic approach for preparing high-level plans. Based on existing historical statistical data recorded about a software development organization/team, predictions can be made that could be used for planning new projects. Here are the SIPs for the baseline project http://modernmanagement.bg/data/SIPs_MonteCarlo_FVR.xlsx Here is the planing simulation in Excel http://modernmanagement.bg/data/High_Level_Project_Planning.xlsx The video http://youtu.be/GE9vrJ741WY on how to use the Excel files