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Because software, unlike a major civil engineering construction project, is often easy and cheap to change after it has been constructed, a piece of custom software that fails to deliver on its objectives may sometimes be modified over time in such a way that it later succeeds—and/or business processes or end-user mindsets may change to accommodate the software.
Lucidchart is a web-based diagramming application [2] that allows users to visually collaborate on drawing, revising and sharing charts and diagrams, and improve processes, systems, and organizational structures. [3] [4] [5] It is produced by Lucid Software Inc., based in Utah, United States [3] [6] and co-founded by Ben Dilts and Karl Sun. [7]
The program was initially developed as standalone software in 2004 by Jesse Mecham, while he was in college pursuing his master's degree in accounting, after an experience where he and his wife had no money and needed to improve their budgeting. [1] [2] It evolved from a spreadsheet that he created for the budgeting process. [3]
MicroStrategy Incorporated is an American development company that provides business intelligence (BI), mobile software, and cloud-based services.Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps.
A burndown chart is a run chart of remaining work. It is useful for predicting when all of the work will be completed. It is often used in agile software development methodologies such as Scrum. However, burndown charts can be applied to any project containing measurable progress over time.
Often used in scrum, a burndown chart is a publicly displayed chart showing remaining work. [36] It provides quick visualizations for reference. The horizontal axis of the burndown chart shows the days remaining, while the vertical axis shows the amount of work remaining each day. During sprint planning, the ideal burndown chart is plotted.
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A pie chart or bar chart can show the comparison of ratios, such as the market share represented by competitors in a market. Deviation: Categorical subdivisions are compared against a reference, such as a comparison of actual vs. budget expenses for several departments of a business for a given time period.