Estimates, uncertainty, and risk

The authors discuss the sources of uncertainty and risk, their implications for software organizations, and how risk and uncertainty can be managed. Specifically, they assert that uncertainty and risk cannot be managed effectively at the individual project level. These factors must be considered in...

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Bibliographic Details
Published in:IEEE software 1997-05, Vol.14 (3), p.69-74
Main Authors: Kitchenham, B., Linkman, S.
Format: Article
Language:English
Subjects:
Cost estimates
Estimates
Input variables
Mathematical model
Measurement errors
Probability
Probability distribution
Product development
Productivity
Queueing analysis
Queuing theory
Risk exposure
Risk management
Software
Uncertainty
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Description
Summary:The authors discuss the sources of uncertainty and risk, their implications for software organizations, and how risk and uncertainty can be managed. Specifically, they assert that uncertainty and risk cannot be managed effectively at the individual project level. These factors must be considered in an organizational context.
ISSN:0740-7459
1937-4194
DOI:10.1109/52.589239