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Project Management, Performance Measures, and Statistical Decision Making

Herding Cats

There is a current rash of suggestions on how to improve the performance of software projects. Figure 1 - Planned Estimates versus Actual Performance from [1]. Each of these, while well meaning, are missing the means to confirm their credibility. References below. . The growth of cost and schedule is not unique to commercial development. A Few References and Resources .

Increasing the Probability of Project Success

Herding Cats

These charts are an extract from the book Performance-Based Project Management: Increasing the Probability of Project Success and the abstracted training materials Handbook. Capabilities Earned Value Estimating Governance Management Performance-Based Project Management® Principles Requirements Risk Root Cause Analysis Technical Performance MeasuresRelated articles.

Definition of Done

Herding Cats

These Measures have Little meaning to the Decision Makers. Do those capabilities meet the Measures of Effectiveness needed to accomplish the mission of the system in operational units of success closely related to the achievements of the mission or operational objectives evaluated in the operational environment, under a specific set of conditions? And many more. When will we fly?

SCRUM 24

Work Performance Data, Work Performance Information, and Work Performance Reports

Deep Fried Brain

In 2009, I did a series of posts on Work Performance Information, Work Performance Measurements and Performance Reports, highlighting how the PMBOK® Guide, Fourth Edition was utterly confusing. Commonly Confused Concepts Executing Monitoring and Controlling PMBOK Process Groups Study Notes

2009 15

Does your organization truly support project management?

Kiron Bondale

Organizational project management support can be either a blocker in lower maturity companies or an accelerator to project performance in higher maturity ones. Objectives and performance measures for these staff should include a healthy balance between operational and project success metrics. Tagged: improving project management , Project performance.

Value and the Needed Units of Measure to Make Decisions

Herding Cats

Without units of measure of Value beyond time and money, there can be not basis of comparison between one value based choice and another. In the Systems Engineering world where we work, there are four critical units of measure for all we done. MOE's are stated in units of measure meaningful to the buyer. MOP's are attributes that assure the systems to capability to perform.

Acting Like an Adult in the Presence of Uncertainty

Herding Cats

For customers paying for the development of software, these things include - cost, schedule (time cost of money), market timing, and performance of the product to name a few. Herding Cats: Project Management, Performance Measures, and Statistical Decision Making. Risk Management is how Adults Manage Projects - Tim Lister. Decision-Making in the Presence of Uncertainty.

2009 28

Governance models for Non for Profit Organisation: From theory to Practice

IPMA

The aim is not to improve performance but to secure legitimacy and access to financial donations (Abzug & Galaskiewicz, 2001). Holistic long term performance evaluation by shareholders, customers employees, the public. Exemplary board team, constructive board culture and processes, stakeholder-oriented board performance criteria. Table: New Corporate Governance. Dimension.

The Problems with Schedules

Herding Cats

Unrealistic performance expectations missing Measures of Effectiveness and Measures of Performance. There is a common chart used to show poor performance of projects that compares Ideal project performance with the Actual project performance. Here's how we think about cost, schedule, and technical performance modeling. †. Just the estimate.

2003 28

Do you know, really know….?

Ron Rosenhead

The project manager had no view at all of his performance and no development needs were discussed. He told me that he had not had the usual performance management review nor sat with anyone to produce a personal development plan. Set it up with a questionnaire which asks some key questions including some regarding your performance. How do I know? How can you get more feedback?

Cone of Uncertainty - Part Cinq

Herding Cats

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Estimates of cost, schedule, technical performance on the left side of the cone have a lower probability of being precise and accurate than estimates on the right side of the cone. OR .

Invoking "Laws" Without a Domain or Context

Herding Cats

Its most popular formulation is: "When a measure becomes a target, it ceases to be a good measure." What this says is again when the measure becomes the target, that target impacts the measure, changing the target. . Is this macroeconomic model a correct operational model for software development processes - measuring changes the target ? Setting targets and measuring performance against that target is the basis of all closed loop control systems used to manage projects. No measures of effectiveness. No measures of performance.

Systems Engineering and Software Intensive System of Systems

Herding Cats

Technical Performance Measures. There was a Twitter post mentioning Russell Ackoff YouTube about systems. A system is never the sum of its parts, it's the product of their interactions. This is a good start, but it needs to produce actionable outcomes , not just principles, but practices and processes. How do you define, design, represent, assess, analyze, and manage these interactions. The notion that systems are somehow unmanageable is fine in some domains. Finance, social, political. I come to this systems domain from the Software Intensive System of Systems paradigm.

Managing in Presence of Uncertainty

Herding Cats

This is an immutable principle that impacts planning, execution, performance measures, decision making, risk, budgeting, and overall business and technical management of the project and the business funding the project no matter the domain, context, technology or any methods. Do we have measures of Effectiveness, Performance, all the .ilities. ilities. Inverted Logic.

Human Resources needs to be part of your company’s agile transformation!

Kiron Bondale

Companies are often organized into departments of distinct, specialized skills and performance measurement programs emphasize the individual instead of teams. Traditional recognition programs reward individual performance with team celebration or recognition getting short shrift when it comes to budgets. As with other hot skills, retention can be as challenging as procurement.

Next Generation Project Management Software

Girl's Guide to PM

It covered identifying requirements, interconnecting tasks, resources, planned values, actual values, baselines, performance measures, forecast techniques and timesheets. Digitalization and Collaboration. The project and portfolio management (PPM) software market is changing. It is changing so fast that it’s hard for practitioners to keep up with the latest offerings. Stick or Twist?

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

For software, this can be value produced (assuming we have a unit of measure for that value in the for of effectiveness, performance, key performance parameters, or technical performance measures ). For your Honeywell or Nest controller on the wall, that sample rate is measured in seconds. It can be the cost, schedule, and technical performance measures of the software project. These measures, corrective actions, and resulting outcomes operate in the presence of statistical and probabilistic processes. https://goo.gl/DP6Jw cUcXNj.

Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Estimates of cost, schedule, technical performance on the left side of the cone have a lower probability of being precise and accurate than estimates on the right side of the cone. OR .

Cone of Uncertainty - Part Deux

Herding Cats

The Cone is a project management framework describing the uncertainty aspects of estimates or any other project attribute (in this post, cost, schedule, and technical performance parameters). Estimates of cost, schedule, technical performance on the left side of the cone have a lower probability of being precise and accurate than estimates on the right side of the cone.

Is Macroeconomics and Social Science the Same as Software Development?

Herding Cats

In our domain this is the Performance Measurement Baseline, which is a time-phased budget plan for accomplishing work against which contract performance is measured. There a popular notions in the agile development world that authors like Hayek and Taleb speak to how software development works. Let's look at one example. You Can’t Understand Agile Without Understanding Hayek. Let's look at Hayek's paper. " The Use of Knowledge in Society ," F. Hayek , The American Economic Review , Vol. 35, No. 4, September 1945, pp. 519-530. Hayek was a social scientist.

Cone of Uncertainty - Part Trois

Herding Cats

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Estimates of cost, schedule, technical performance on the left side of the cone have a lower probability of being precise and accurate than estimates on the right side of the cone. OR .