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TFA uses a lot of words to say very little. I don't care if your estimate is drawn from the hip or projected using a state of the art Monte Carlo or machine learning model. It's still an estimate. Still, any number of things that weren't in your model could shift the deadline: people getting sick for a long time, people quitting, people getting promoted out of their critical role, organizational dependencies not delivering on time (other dev teams, legal etc), all of these things have happened to me, and when they do, they can throw off your project for months. No model can take these things into account, and if it does, it will yield an estimate like "three weeks up to a year" which is useless, and I didn't need your SOTA model to get that answer. Unless you're really only doing cookie cutter stuff, the best form of estimate I've seen used is continuous estimation + being willing to cut features to make it to deadlines with something usable, even if incomplete (build a bike, not half a car). This isn't always possible, but when it is, it saves a lot of headache and makes everything run smoother. But it starts with accepting the fact that you don't know everything from the start. |
It usually goes without saying that most forecasts do not include provisions for black swan events. It's generally assumed that going bankrupt or other project externalities will have an impact on the delivery.