Tag Archives: Monte Carlo simulator

Guesstimate

In my summary of Monte Carlo Simulators (May 2015), I said that they were good because they grant the use of ranges and allow you to see how changing the inputs affects the project; but the biggest problem was that they can take quite a bit of time to set up. Well, Guesstimate has changed this: you can now… Read More »

We’ve been doing it all wrong!

I can hear myself saying it now: “If you count up the number of work items in each column, and keep a record of each item’s start and end date, then you can create a CFD [Cumulative Flow Diagram], control chart and histogram”. Apparently I was wrong. Apparently nearly all of us are doing it… Read More »