Monthly Archives: December 2008

• Resampling Stats

  Posted on December 28, 2008 by hudgeon in VendorManagement

  Good online resource on Monte Carlo simulations and resampling techniques useful in estimating the probability of outcomes with small samples or a number of variables with a broad range of potential values. “Resampling: The New Statistics” by Julian L. Simon Second Edition published October 1997 This text grew out of chapters in the 1969 edition [...]

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• Unintended consequences of measurement: Boomerang Measurements

  Posted on December 20, 2008 by hudgeon in VendorManagement

  Donald Gray posts a good example of measurement gone wrong. A software development team manager implemented a measurement system that penalised the team if they had unfinished work at the end of a work cycle, even if the reason they had unfinished work was that they finished their existing work early and started the next [...]

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• Agile in Practice – Procurement in practice

  Posted on December 15, 2008 by hudgeon in VendorManagement

  I believe there’s a lot purchasing professionals can learn from agile software development; which values iterative development and process adaptability over large-scale, long-term locking down of requirements – imagine a vendor relationship that is actively managed and can be easily dismantled vs a 15 year outsourcing agreement. The theory is that the additional effort that [...]

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