The bare essentials 4

Question 1

What is the Estimated Monetary Value (EMV)?

Answer 1

It is a way to estimate risks of a project.

You have a total amount of money per project.
Each project has a view outcomes, that also have probabilities.

The EMV per project = the probability per outcome * the amount.

You add these up.

Question 2

What is scope grope?

Answer 2

Inability to define the scope

Question 3

What is scope creep?

Answer 3

Tendency to increase features

Question 4

What is scope leap?

Answer 4

Fundamental change in scope

Question 5

On what is software complexity based?

Answer 5

Number of interactions between entities;

Question 6

4 principles of agile PROJECT management (DYBA)

Answer 6

1. Minimal critical specification
2. Autonomous teams
3. Redundancy -> people can do more tasks
4. Feedback and learning.