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Lean Product Management

You're reading from   Lean Product Management Successful products from fuzzy business ideas

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Product type Paperback
Published in May 2018
Publisher
ISBN-13 9781788831178
Length 240 pages
Edition 1st Edition
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Author (1):
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Mangalam Nandakumar Mangalam Nandakumar
Author Profile Icon Mangalam Nandakumar
Mangalam Nandakumar
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Toc

Chapter 9. Eliminate Waste – Don't Estimate!

Estimations are an integral part of software development. They are required for understanding the costs and effort involved in development, to analyze the impact of scope on time and budgets. When we try to arrive at accurate delivery timelines, we tend to attach a lot of importance to estimates. We try to get very specific and accurate with our estimates. However, an accurate estimate sounds like an oxymoron. Product teams surely need a way to understand costs, complexity, risks, resources, people with specific skills, and so on in order to be able to plan the smartest way to deliver the impact-driven product. It's not just about meeting timelines and staying within budgets. Are product teams wasting their effort and time by focusing on the wrong details (such as accurate estimates)? Are we compromising on individuals and interactions by focusing on tools and processes? How do we keep our focus on outcomes and eliminate...

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