Tuesday, January 15, 2013

Software development projects frequently fail -- why?

I have great respect for software developers. Because software is abstract, invisible and runs at extreme speeds, the people who are good at building it have to possess a particular talent at visualization and a willingness to use complex tools.

When software developers become project managers (PMs), they tend to rely on software tools to monitor, control and report on projects, just as non-technical PMs do. The problems that technologists have in management have to do with inexperience in people interaction, including conflict, collaboration and just plain old ability to listen well. If you?re a technologist in management, you can find more ideas on what to do about this in my book Get Out of the Way.

For the rest of PMs, there are lots of good tools,such as PERT and Gantt charts, but simply having good tools will not make your project succeed. Software development projects frequently fail to produce results that the customer or end-user wants. Why?

Here are three factors that contribute to the unruliness of software development projects:

1. Estimating the effort and time required to complete a task is difficult. Even when reasonable-looking requirements and specifications of a software package are provided, understanding the difficulty of development may require architecting multiple layers and investigating interactions with a complex environment. Since requirements are generally high-level items, and design has to be done at multiple levels, it is difficult to break down the work into ?pebble-sized? tasks and then to keep to a schedule with those tasks.

2. Designing an algorithm often takes experimentation. Engineering a software system requires trying out some things to see if they work, or testing multiple possible ways to implement something to find one with reasonable performance, for example. This aspect of software engineering is so prevalent that Fred Brooks in The Mythical Man-Month advised us to ?plan to throw one away.? He meant that at the completion of a complex software implementation (such as an operating system), the designers have learned so much that it is often best to start over and re-implement everything.

3. Assuring that a software implementation functions properly under all conditions may take as long as the design phase. In fact, you may never be able to prove proper functioning, because testing all combinations of conditions is impossible. At best, using test-automation tools and good intuition about where to look for errors, a software team can reduce the number of bugs at the time of a software release, but almost never to zero.

Scheduling a software project is made more difficult by the fact that additional tasks are always discovered during implementation. This is so prevalent that I learned long ago always to ask ?What remains to be done?? in addition to ?What have you completed?? You can count on the list of tasks to be done growing during the project.

One of the best countermeasures to all of these problems is to use Agile development methods. Iterative development with regular demonstrations of working software having incrementally greater functionality will help reduce uncertainty and increase the ability of a development team to adapt to a changing world. It also shortens the time between the initial charter of the project and the point where the customer says, ?but that?s not what I wanted.?

Even Agile will not save all projects. If you?d like to learn more about why not, join me for a free webinar, Why Agile Won?t Fix All Your Problems, or simply download the slides here
.
And good luck. The world needs software, so we all have to keep on trying to deliver it the best we can.

Source: http://svprojectmanagement.com/software-development-not-by-pert-alone

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Video: Burning Rubber at the Detroit Auto Show

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Tax Treatment of Leases Still a Vexed Issue ? World Leasing News

Tax Treatment of Leases Still a Vexed Issue

The proposals in tax accounting standards on leases has given rise to new set of controversies and practical difficulties particularly as regards joint confirmations on lease classification.

A committee formed by Central Board of Direct Taxes or CBDT to harmonise the Accounting Standards and the tax rules of computing taxable income, recently proposed 14 Tax Accounting Standards or TAS.

While significant deviations have been proposed impacting the computation of taxable income, one significant area is the arrangement of right to use assets or lease.

CURRENT POSITION ON LEASES

In terms of AS-19, transfer of significant risks and rewards related to the assets to the lessee is the primary basis for classification of leases into finance and operating lease. AS-19 gives the following indicative situations wherein a lease may be classified as finance lease:

Transfer?of eventual ownership of the asset;

availability?of purchase option, which is likely to be exercises;

tenure?of the lease covering major part of the life of the asset;

present?value of lease rentals being close to the fair value of the asset;

specialised?nature of asset enabling only the lessee to use without substantial modifications;

leases?other than finance leases are regarded as operating leases.

For finance lease, the lessee capitalises the asset and provides for depreciation in his books. However, for tax purposes, no depreciation claim is preferred. Moreover, the arrangement is treated as operating lease for tax purposes with a deduction equivalent to the lease rental charge (including principal and interest component) being claimed. This tax treatment is in lines of the circular issued by the CBDT.

In case of finance lease, although the asset is de-recognised by the lessor in its books, tax depreciation is claimed by him. Corresponding lease rentals (including principal and interest) are taxable.

For operating lease, income/ expense from leases are recognised over the period of the lease on a straight line basis. However, for tax purposes, lease rentals are offered to tax/ claimed as tax deduction in the year in which the contractual liability accrues.

TAS-12 PROPOSALS

TAS-12 mandates uniformity in classification of leases between lessor and lessee through a joint confirmation. According to AS-19, there may be scenarios wherein classification may be different from the different parties? viewpoints.

For finance lease, TAS-12 proposes that the classification should be based on the substance of the lease rather than the form. However, contrary to this principle, it also provides for deeming finance lease in case of any of the prescribed scenarios. Moreover, since the prescribed scenarios are highly subjective, it would provide ample scope for litigation.

The lessee would be entitled to tax depreciation on the leased asset if a joint confirmation on the lease classification has been executed.

The aspect of correlative adjustments by the other party in an event of reclassification, and tax positions on non-production of the confirmation, have not been spelt out.

On the part of the lessor, the asset should be de-recognised as sale at ?fair value? (except where the lessor is not a dealer or manufacturer and the asset has been immediately acquired and leased).

However, in the absence of valuation norms, it may lead to litigation. The finance income component, both in case of lessor and lessee, should be apportioned over the lease tenure.

For operating lease, in line with AS-19, TAS-12 recommends that income/ expense be recognised on a straight line basis. Tax depreciation would be claimed by the lessor, subject to execution of joint confirmation on classification.

This move puts impending litigation regarding classification and tax treatment of lease arrangements to rest.

However, the proposals give rise to a new set of controversies and practical difficulties, especially for joint confirmations on lease classification.

Pallavi Singhal is Associate Director, Tax & Regulatory Services, PwC

SOURCE:?http://www.thehindubusinessline.com/industry-and-economy/taxation-and-accounts/tax-treatment-of-leases-still-a-vexed-issue/article4302067.ece

Source: http://www.worldleasingnews.com/news/tax-treatment-of-leases-still-a-vexed-issue/

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White House Rejects Texas Secession

(Newser) ? White House to Texas: You're staying in America. The Obama administration has officially rejected a petition signed by more than 125,000 people demanding that the Lone Star State be allowed to leave the union, the Houston Chronicle reports. Similar petitions from Alabama, Florida, Georgia, Louisiana, North Carolina, South Carolina and Tennessee, all started within a few days of President Obama's re-election, were also nixed. The White House said the Founding Fathers who created the US "did not provide a right to walk away from it."

"In a nation of 300 million people?each with their own set of deeply-held beliefs?democracy can be noisy and controversial. And that's a good thing," wrote the director of the Office of Public Engagement. "Free and open debate is what makes this country work, and many people around the world risk their lives every day for the liberties we often take for granted." The Obama administration received secession petitions from all 50 states, but only responded to the ones that gained more than 25,000 signatures.

Source: http://www.newser.com/story/160974/white-house-rejects-texas-secession.html

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Multi-American : What to expect as Obama, Rubio float immigration ...

Mark Ralston/Getty Images

Janitors hold a candlelight vigil calling for federal immigration reform in response to Arizona's SB 1070 anti-illegal immigration law.

Both the Obama administration and U.S. Sen. Marco Rubio (R-FL) are floating different reform plans, though?neither has appeared in writing yet.

President Barack Obama is expected to begin pushing Congress in the near future on a promised plan that would include a path to citizenship for the estimated 11 million undocumented immigrants in the United States. Administration officials have said it will be broad in nature as opposed to the more targeted approaches seen so far.

Rubio, who last year suggested?a plan for young immigrants that had yet to take shape before he was beaten to the punch by Obama's deferred action program, is also reportedly back at the drawing table. Rubio?told the Wall Street Journal this weekend that he wants to lead a GOP overhaul to?"modernize" legal immigration and how visas are issued, including a guest worker program and more skilled worker visas.

What to make of either approach? ABC News has a thorough side-by-side comparison based on what both the White House and Rubio have revealed so far. For example, here's how prospects for a path to citizenship for the undocumented compare:

Citizenship for the 11 million undocumented immigrants: The White House has said that it will reject any bill that doesn't include a pathway to citizenship for the millions of people in the country without papers. The path to citizenship would be earned, meaning immigrants would need to pay back taxes along with "other hurdles," according to The New York Times. The White House's 2011 blueprint for reform says those other hurdles could involve criminal background checks, learning English and paying a processing fee.

Citizenship for the 11 million undocumented: Rubio supports legal status for the undocumented, but he hasn't endorsed a special pathway to citizenship. The Journal calls his version of legal status "a form of temporary limbo." According to Rubio, immigrants should earn legal status through a process similar to Obama's approach to citizenship by paying back taxes, learning English and passing a background check. After that, they could apply for a green card and potentially pursue citizenship.

The best details on Obama's planned reform push are in the New York Times, which had this:

The White House will argue that its solution for illegal immigrants is not an amnesty, as many critics insist, because it would include fines, the payment of back taxes and other hurdles for illegal immigrants who would obtain legal status, the officials said.

The president?s plan would also impose nationwide verification of legal status for all newly hired workers; add visas to relieve backlogs and allow highly skilled immigrants to stay; and create some form of guest-worker program to bring in low-wage immigrants in the future.

Rubio, meanwhile, laid out his general thoughts in the Journal's opinion section:

"Here's how I envision it," he says. "They would have to come forward. They would have to undergo a background check." Anyone who committed a serious crime would be deported. "They would be fingerprinted," he continues. "They would have to pay a fine, pay back taxes, maybe even do community service. They would have to prove they've been here for an extended period of time. They understand some English and are assimilated. Then most of them would get legal status and be allowed to stay in this country."

The special regime he envisions is a form of temporary limbo. "Assuming they haven't violated any of the conditions of that status," he says, the newly legalized person could apply for permanent residency, possibly leading to citizenship, after some years ? but Mr. Rubio doesn't specify how many years.?

The competing plans are something of a post-deferred action rematch. Early last year, Rubio touted?the possibility?of a GOP bill similar to the Development, Relief and Education for Alien Minors (DREAM) Act.?It would have provided relief for undocumented college students, only it would lack direct path to U.S. citizenship.

Before Rubio could introduce his bill, though, Obama introduced what's now known as Deferred Action for Childhood Arrivals, which launched in August. That also offers no path to citizenship or permanent legal status for recipients, who obtain only a two-year renewable reprieve from deportation and a work permit if they qualify.

The path-to-citizenship component to an immigration overhaul has long been a sticking point, with Republican critics saying it would reward illegal entry. But such a plan could also come from a bipartisan Senate coalition that has been crafting its own immigration reform proposal, the details of which haven't been revealed.

Source: http://www.scpr.org/blogs/multiamerican/2013/01/14/12009/whats-store-obama-rubio-talk-immigration-reform/

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The Outcast Pack

We are the wolf pack that accept the outcasts. Even the sick. but we can't promise that we can save them.

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a wolf pack RP with a unique situation. I like the concept; looks like it's interesting and fun :)

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Waffle_Ninja
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Now, now, now we must behave. Said the Captor

Now, now, now we must behave. Said the Kepper

In a far off dugen, in a far off lays a casle were in the dugens lay humans waiting for escape. Will you join them or hold them.

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Message me if u love Doctor Who, Artims Fowl, or Warrior Cats

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Hey bud, not to be mean or anything, but you should really work on your spelling. Use a spell check system or something. It'll attract people a lot better if correct grammar and spelling is used. Like Dungeon, please, guards, and obey. Add a little more of an intro, and give a character sheet outline so your players know how to create a character. Get creative when making the intro, describe the cell the characters find themselves in, or give some kind of small scene where the keeper or one of the guards is beating and/or killing another prisoner for not obeying the rules.

These are just some things you may want to consider in order to create a flourishing RP on this website.

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