Principles, Process and Practice of Professional Number Juggling

Principles, Process and Practice of Professional Number Juggling

Jones, Alan

Taylor & Francis Ltd

09/2018

242

Dura

Inglês

9781138063969

15 a 20 dias

518

Descrição não disponível.
Contents, Foreword, 1 Introduction and Objectives, 1.1 Why write this book? Who might find it useful? Why Five Volumes? 1.1.1 Why write this series? Who might find it useful? 1.1.2 Why Five Volumes? 1.2 Features you'll find in this book and others in this series, 1.2.1 Chapter Context, 1.2.2 The Lighter Side (humour), 1.2.3 Quotations, 1.2.4 Definitions, 1.2.5 Discussions and Explanations with a Mathematical Slant for Formula-philes, 1.2.6 Discussions and Explanations without a Mathematical Slant for Formula-phobes, 1.2.7 Caveat Augur, 1.2.8 Worked Examples, 1.2.9 Useful Microsoft Excel Functions and Facilities, 1.2.10 References to Authoritative Sources, 1.2.11 Chapter Reviews, 1.3 Overview of Chapters in this Volume, 1.4 Elsewhere in the 'Working Guide to Estimating & Forecasting' Series, 1.4.1 Volume I: Principles, Process and Practice of Professional Number Juggling, 1.4.2 Volume II: Probability, Statistics and other Frightening Stuff, 1.4.3 Volume III: Best Fit Lines & Curves, and some Mathe-Magical Transformations, 1.4.4 Volume IV: Learning, Unlearning and Re-Learning Curves, 1.4.5 Volume V: Risk, Opportunity, Uncertainty and Other Random Models, 1.5 Final Thoughts and Musings on this Volume and Series, References, 2 Methods, Approaches, Techniques and Related Terms, 2.1 What is the Difference between a Method, Approach and Technique? 2.2 Estimating Process, 2.3 Estimating Approaches, 2.3.1 Top-down Approach, 2.3.2 Bottom-up Approach, 2.3.3 Ethereal Approach, 2.4 Estimating Methods, 2.4.1 Analogical Method, 2.4.2 Parametric Method, 2.4.3 'Trusted Source' Method, 2.4.4 Methods that are arguably not Methods (in their own right), 2.5 Estimating Techniques, 2.6 Estimating Procedures, 2.7 Combining Approaches and Methods, 2.7.1 Choice of Estimating Approach for a Chosen Estimating Element, 2.7.2 Choice of Estimating Method for a Chosen Estimating Approach, 2.7.3 Choice of Estimating Technique for a Chosen Estimating Method, 2.8 Chapter Review, References, 3 Estimate TRACEability and Health Checks, 3.1 Basis of Estimate, TRACEability and Estimate Maturity, 3.1.1 Building Bridges Between Two Estimates, 3.2 Estimate and Schedule Maturity Assessments, 3.2.1 Estimate Maturity Assessment (EMA), 3.2.2 Schedule Maturity Assessment (SMA), 3.2.3 Cost and Schedule Integration Maturity Assessment (CASIMA), 3.3 Good Practice Spreadsheet Modelling (GPSM), 3.3.1 Level of Documentation (T, M), 3.3.2 No Hidden Worksheets, Columns or Rows (T, M), 3.3.3 Colour Coded Cells and Worksheet Tabs (U, S), 3.3.4 Locked Calculation Cells and Protected Worksheets and Workbooks (S), 3.3.5 No Hard-Coded Constants unless Axiomatic (M), 3.3.6 Left to Right and Top to Bottom Readability Flow (U), 3.3.7 Avoid Data Generated by Macros ... unless there is a genuine benefit (S, T), 3.3.8 Avoid Array Formulae (T, U, M), 3.3.9 Avoid Dynamic Links to External Data (S), 3.3.10 Use Named Ranges for Frequently Used Table Arrays (M, U), 3.3.11 Use Full Syntax within Excel (M), 3.3.12 Break Complex Calculations into Smaller Simpler Steps (T, M), 3.3.13 Column and Row Alignment Across Worksheets (T), 3.3.14 Unambiguous Units of Measure (U), 3.3.15 Input Data Validation (U), 3.3.16 Independent Model Verification and Validation (S), 3.4 Inherent Risk in Spreadsheets (IRiS) , 3.5 Chapter Review, References, 4 Primary & Secondary Drivers; Accuracy & Precision, 4.1 Thank Goodness for Juran and Pareto, 4.1.1 What's the Drive behind the Drivers? 4.2 Primary Drivers, 4.2.1 Internal and External Drivers, 4.3 Secondary Drivers, 4.4 Practical Issues with Drivers, 4.4.1 Sub-Classification of Primary Drivers, 4.4.2 Avoid Pseudo-Drivers, 4.4.3 Things are rarely Black or White, 4.5 Accuracy and Precision of Primary and Secondary Drivers, 4.5.1 Accuracy, Precision and Drivers - A Pareto Perspective, 4.5.2 Cone of Uncertainty, 4.6 3-Point Estimates as a Measure of Relative Accuracy and Uncertainty, 4.7 Precision as an Expression of Appropriate or Inappropriate Exactness, 4.8 Chapter Review, References, 5 Factors, Rates, Ratios, and Estimating by Analogy, 5.1 Estimating Metrics, 5.1.1 Where to use them, 5.1.2 The Views of Others, 5.1.3 Underlying Linear Relationship, 5.2 Rates, 5.3 Factors, 5.4 Ratios, 5.5 Dealing with Multiple Rates, Factors (and Ratios), 5.5.1 Anomalous Analogies, 5.5.2 Analogies with an Additive Model, 5.5.3 Analogies with a Multiplicative Model, 5.6 Sensitivity Analysis on Factors, Rates and Ratios, 5.6.1 Choosing a Sensitivity Range Quantitatively, 5.6.2 Choosing a Sensitivity Range around a Measure of Central Tendency, 5.6.3 The Triangulation Option, 5.6.4 Choosing a Sensitivity Range around a High-end or Low-end Metric, 5.6.5 Choosing a Sensitivity Range when all else fails, 5.7 Chapter Review, References, 6 Data Normalisation - Levelling the Playing Field, 6.1 Classification of Data Sources - Primary, Secondary and Tertiary Data, 6.1.1 Primary Data, 6.1.2 Secondary Data, 6.1.3 Tertiary Data, 6.1.4 Quarantined Data, 6.2 Types of Normalisation Methods and Techniques, 6.3 Normalisation can be a Multi-Dimensional Problem, 6.3.1 Error Related, 6.3.2 Volume, Quantity or Throughput Related - Economies of Scale, 6.3.3 Scale Conversion - Fixed and Variable Factors, 6.3.4 Date or Time Related, 6.3.5 Life Cycle Related, 6.3.6 Key Groupings - Role Related, 6.3.7 Scope Related (Subjective), 6.3.8 Complexity - Judgement Related (Subjective), 6.4 The Estimator as a Time Traveller, 6.4.1 Use of Time-based Indices Now and Then, 6.4.2 Time-based Weighted Indices, 6.4.3 Time-based Chain-Linked Weighted Indices, 6.4.4 The Doubling Rule for Escalation, 6.4.5 Composite Index: Is that not just a Weighted Index by another Name? 6.4.6 Using the Appropriate Appropriation Approach, 6.4.7 Use of Time as an Indicator of Other Changes, 6.5 Discounted Cash Flow - Normalising Investment Opportunities, 6.5.1 Discounted Cash Flow - A Form of Time Travel for Accountants, 6.5.2 Net Present Value (NPV), 6.5.3 Internal Rate of Return (IRR), 6.5.4 Payback Period, 6.5.5 Strengths and Weakness of Different DCF Techniques, 6.6 Special Types of Formulaic Normalisation Techniques, 6.7 Layering of Normalisation for differences in Analogies, 6.8 Chapter Review, References, 7 Pseudo-Quantitative Qualitative Estimating Techniques, 7.1 Delphi Technique, 7.2 Driver Cross-Impact Analysis, 7.3 A Brief Word or Two About Solution Optimisation, 7.4 Chapter Review, References, 8 Benford's Law as a Potential Measure of Cost Bias , 8.1 Scale Invariance of Benford's Law, 8.2 Potential Use of Benford's Law in Estimating, 8.3 Chapter Review, References, Glossary of Estimating Terms, Index
Vice Versa;Estimating;Secondary Driver;Forecasting;Benford's Law;Estimating Process;Trusted Source;Estimating Approach;Good Practice Principles;Estimating Method;Cost Driver;Estimating Technique;Functions Microsoft Excel;Estimate Maturity;Driver Metrics;Data Normalisation;Potential Cost Drivers;Spreadsheet Design;Leading Digit;Alan R. Jones;VBA Code;Estimate Drivers;Cycle Time;working guide to estimating and forecasting;Paasche Indices;Benford's Law;Low Positive Impact;Array Formulae;Factor Metrics;Monthly Discount Rate;Rate Metrics;Tertiary Data;Interquantile Ranges;Cross-Impact Analysis;Net Present;Delphi Technique;Kerb Weight;QFD