Abstract
In this chapter we will look at a tool providing additional insight into the financial health and progress of a project. We will also look at a few situations that can be expected on a typical project and how we can manage them and the associated risks.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
For projects with a fixed scope and fixed budget contract, the planned cost is clear. For projects with time and material contracts, there is no agreed-upon cost, but that does not prevent us from planning or establishing a desired cost, or at least indicating the projected cost.
- 2.
As a scrum master or project manager, it is our responsibility to talk to managers and find out whether overtime is being paid and at what rate, or whether people get compensated in other ways like extra vacation or training.
- 3.
Sprint is the name for an iteration in one of the more popular frameworks for running agile development projects—Scrum. Scrum claims to be project and product framework, but in reality it is more of a product framework ( www.scrumalliance.org ).
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2020 Dimitre Dimitrov
About this chapter
Cite this chapter
Dimitrov, D. (2020). Financial Performance and Managing Risks. In: Software Project Estimation. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-5025-9_7
Download citation
DOI: https://doi.org/10.1007/978-1-4842-5025-9_7
Published:
Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4842-5024-2
Online ISBN: 978-1-4842-5025-9
eBook Packages: Business and ManagementApress Access BooksBusiness and Management (R0)