#192: Estimation - Predictability vs Optimism

Better ROI from Software Development

This episode is part of a wider mini-series looking at Estimation in Software Development.

In the last episode, I talk about the short hand of a "valuable estimate" - an estimate that is desirable for the organisation asking for it.

While what constitutes "valuable" will differ from organisations to organisation, team to team, and maybe even piece of work to piece of work, I feel that it will mostly be related to acceptable level of accuracy and precision.

Accuracy is how close to the actual the estimate was - which realistically can only be assessed after the work - and precision is how broad a range is acceptable - which can be defined as part of providing the estimate - and if anything also indicates confidence in the estimate - a narrower range indicating a higher confidence, a wider range indicating a lower confidence.

In this episode I wanted to talk about how Predictability is part of this conversation

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Find this episodes show notes at: https://red-folder.com/podcasts/192

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