Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management is Project Management for Adults - Tim Lister. Risk Management Papers. “A 2, 2004.

Risk 35

Risk Management is How Adults Manage Projects

Herding Cats

In a recent exchange in social media, it was clear the notion of risk and the sources of risk, the consequences or risks and managing in the presence of risk was in very unclear, when it was conjectured , we can simply slice the work into small bits and REDUCE risk. . First, the only risk that can be reduced is the risk created by Epistemic Uncertainty. Making things small does not reduce the risk it may make the uncertainty smaller.

2003 38
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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs. Effective Risk Management 2nd Edition, Edmund Conrow, AIAA, 2003. Risk a Feelings,” George F.

2012 33

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Now To Risk Management. Risk is the effect of uncertainty of objectives. All risk comes from Uncertainty.

2007 32

PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

PRINCE2 is a project management method. It’s structured, and experience-based, created from the lived experience of thousands of project managers and successful projects. It’s a customizable way of managing and controlling the work. I took my first Practitioner course in 2004.

The Glass Cliff in Project Management

Rebel’s Guide to PM

Women working in project management have come a long way in shattering glass ceilings and revolutionizing the workforce. Once high-performing women in project management are introduced to the glass ceiling, they are likely to meet the glass cliff. It’s the phenomenon where high-achieving women are promoted during times of company turmoil or strife, when risk of failure is highest. It’s when stakes are high and the risks are great.

2019 220

Clarifying Misconceptions of the Big Launch

Rebel’s Guide to PM

What really works might surprise you – it’s definitely something to work on when you are thinking about positive project risk! Specifically, Movable Type’s May 2004 decision to change the terms of its license. Books change management This article contains affiliate links

2022 300

Kanban Project Management Everything you Need to Know

ProProfs Project Management

A lot of managers and project ideation teams face the same challenge. In case you’re new to this project management methodology, then we’re here to help you out. What is Kanban Project Management & its Origin. Why Use Kanban Project Management Methodology.

2021 71

Requirements Management Panel Discussion – Transcription

MPUG

Please find below a transcription of the audio portion of Walter Stinnett’s Requirements Management Panel Discussion, being provided by MPUG for the convenience of our members. We are doing requirements management Q&A. I’m still a program manager.

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management. Managment Processes. Nine Best Practices of Project Management , Software Program Managers Network (SPMN). Top Habits of Successful Project Managers. Integrated Master Plan: The Foundation of Program Success , College of Performance Management, May 21, 2014. The Nine "I's" of Program Success ," College of Performance Management. Ten Rules for Common Sense Program Management.

2008 45

Agile. Creativity. Innovation.

International Institute for Learning

During the last two decades there has been the emergence of a number of software development methods as a response to the inefficiency of existing software development methods in rapidly changing environments (Highsmith, 2004). How Does Agile Project Management support creative projects?

Webinar Recap: Project Managers are Change Managers

MPUG

Please find below a transcription of the audio portion of Walter Stinnett’s Project Managers are Change Managers webinar being provided by MPUG for the convenience of our members. Project Managers are Change Managers. What is change management?

Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Cost, Schedule, and Technical Performance Management (#CSTPM). Earned Value Management (#EVM). Integrating Agile and Earned Value Management (#AEVM). Business, Technical, Systems, Risk, and Project Management.

2019 37

PRINCE2 and PMBOK: How They Compare

Rebel’s Guide to PM

I have updated my responses in order to better reflect the PRINCE2 and A Guide to the Project Management Body of Knowledge — PMBOK® Guide , as at October 2021 as the PMBOK® Guide has been updated since this interview first took place, and PRINCE2 US was launched in 2020.

Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Uncertainty is related to three aspects of the management of projects: The external world - the activities of the project itself. The risk is created when we have not accounted for this natural variances in our management plan for the project. Dealing with Aleatory (irreducible) uncertainty and the resulting risk requires we have margin. An aleatory risk is expressed as a relation to a value. One starting point is the value at risk. Embrace Risk!

The Online Entrepreneur’s Guide to Payment Processors

ProjectManager.com

Starting an ecommerce business can be incredibly rewarding if you can manage to create a valuable offering that your customers will be glad to pay for. It’s time for you to get a share of that pie, and you can with the right business idea and the tools to manage it , including the ideal payment processor. In operation since 2004, NMA offers risk-protection, chargeback control, QuickBooks integration, and recurring billing. Entrepreneurship The Project Manager Blog

2018 184

The Top 7 Management Styles: Which Ones Are Most Effective?

Workzone

In the past, managers were viewed by their employees and organizations as valuable commodities. They were seen as capable leaders with distinct management styles who guided their organization’s teams to success. Unfortunately, over the last few years , the opinion on managers’ value seems to have eroded. Negative articles abound, claiming middle managers are useless and unnecessary. . Why are so many managers viewed unfavorably? Authoritarian management styles.

4 Awesome Teamwork Examples for Agile Teams

nTask

A renowned athlete, Trotter won her first Olympic gold medal in the 2004 Olympics. On Brown’s part, there was an exhibition of risk-taking and present-mindedness. The coach did not take the risk and took an important decision in the team’s best interests. Bruce Jenkins, a San Francisco Chronicle columnist, states, “Manager Bruce Bochy called a team meeting in the clubhouse, said a few choice words, and then Pence took it upon himself to address the team.

2019 85

Basis of Estimating Software Development

Small Business CEO

Software Sizing, Estimation, and Risk Management: When Performance is Measured Performance Improves , Daniel Galaorath and Michael Evans , Auerbach, 2006. Agile Project Management: Creating Innovative Products , Jim Highsmith, Addison Wesley, 2004. IT Risk Management. The estimating of software development is both straightforward and complex.

How to Create a Project Team Culture with Colin Ellis

Rebel’s Guide to PM

Sign up for the Facebook Project Management Cafe and join in the discussion. Colin: It’s one of those things, when I first started out as a project manager I was hired because I was good with people and I could create good teams.

2022 303

In-Depth: How To Create Better Work Agreements For Your Team

Scrum.org

This is the ability of team members to act in concert without explicit coordination (MacMillan, Entin & Serfaty, 2004). This effect has been observed with flight crews (Orasuna, 1990), nuclear plant control crews (Waller, Gupta & Giambatista, 2004), and work teams (Urban et. 2004).

2022 74

How to Create a Project Team Culture with Colin Ellis

Rebel’s Guide to PM

This article, How to Create a Project Team Culture with Colin Ellis , first appeared on Girl's Guide to Project Management. Sign up for the Facebook Project Management Cafe and join in the discussion. Colin: It’s one of those things, when I first started out as a project manager I was hired because I was good with people and I could create good teams. Project managers have three jobs; to build a team, build the plan, deliver the project.

2018 166

Clarifying Misconceptions of the Big Launch

Rebel’s Guide to PM

What really works might surprise you – it’s definitely something to work on when you are thinking about positive project risk! Specifically, Movable Type’s May 2004 decision to change the terms of its license. After Movable Type’s owners decided to charge users in 2004, WordPress attracted a deluge of incensed refugees fleeing the company. You'll also like: Launch of Project Management in the Real World!

2016 157

Institutional Knowledge Fuels Project Success

Redbooth

Security and task management features make it more appealing to enterprise customers, ensuring steady revenue growth. launched in 2004. When your whole team values learning, you can take more risks, help others (and ask for help), and try things outside of your job description. While a culture of learning enables innovation, a central record of learning helps managers and employees move forward on a day-by-day basis.

2018 60

Institutional Knowledge Fuels Project Success

Redbooth

Security and task management features make it more appealing to enterprise customers, ensuring steady revenue growth. launched in 2004. When your whole team values learning, you can take more risks, help others (and ask for help), and try things outside of your job description. While a culture of learning enables innovation, a central record of learning helps managers and employees move forward on a day-by-day basis.

2018 60

Institutional Knowledge Fuels Project Success

Redbooth

Security and task management features make it more appealing to enterprise customers, ensuring steady revenue growth. launched in 2004. When your whole team values learning, you can take more risks, help others (and ask for help), and try things outside of your job description. While a culture of learning enables innovation, a central record of learning helps managers and employees move forward on a day-by-day basis.

2018 60

Software Estimating Resources

Herding Cats

One of our clients, a retired USAF Col Program Manager at an NNSA Weapons Testing Site has a statement that is applicable here: If you lack academic basis and validated experience, your advice is simply unsubstantiated opinion without any basis in fact or principle. Flint, School of Management, Working Paper Series, September 2005.”. Why Monte Carlo Simulations of Project Network can Mislead,” Terry Williams, Project Management Journal 35(3), pp. 61, September 2004.

Misinterpretations of the Cone of Uncertainty

Herding Cats

Uncertainty creates Risk. Risk management requires active reduction of risk. Management of this reduction work and measurement of the progress is a Close Loop Control System paradigm. The creation and management of the Plan is usually performed by the Program Planning and Controls group where I work. . Here's a workshop that I give twice a year at the College of Performance Management's conference. All risk comes from uncertainty.

2017 32

How can Agile Leaders create the right context for Ownership?

Scrum.org

The core responsibilitie of the agile leader is creating the right context for the agile teams so they can thrive and self-manage. Low quality and high risk will result. The team actually needs more space, and the manager should let go a lot more. On the other hand, it also does not work if a newly formed team still figuring out how to collaborate (a starting team) gets too much freedom from the manager. How can the manager know for certain?

2019 55

Estimating is a Learned Skill

Herding Cats

Estimating is a learned skill, used for any purpose from every-day life to management of projects. Group Processes in Software Effort Estimation,” Kjetil Moløkken-østvold and Magne Jørgensen, Empirical Software Engineering, 9, 315–334, 2004. Overconfidence in Judgment Based Software Development Effort Prediction Intervals,” Magne Jørgensen, Karl Halvor Teigen, and Kjetil Moløkken-Østvold, Journal of Systems and Software , February 2004. 449-462, July 2004.

The Long Tail of Project Management

Wrike

Demos, a British think tank, described this in a 2004 report as a key moment in the arrival of a “Pro-Am” era, a time when professionals and amateurs work side by side: “Astronomy used to be done in ‘big science’ research institutes. Chris points to the astronomy example, while I, in this blog, try to prove that it is also true for project management. Construction and industrial projects are the backbone of traditional project management as we know it.

2009 28

#NoEstimates Book Review - Part 1

Herding Cats

I got the Kindle version, so I have a $10 investment at risk. This graph is from old 2004 numbers. IT Risk Management. I've started reading Vasco's book #NoEstimates and will write a detailed deconstruction. Let's start with some graphs that have been around and their misinformation that forms the basis of the book. The Chaos Report graph. That's 12 year old numbers.

2016 39

Why Today’s Leaders are Seeking Executive Coaching

Appfluence

In 2004, Stratford Sherman and Alyssa Freas published an article on executive coaching in the Harvard Business Review. Here they characterized the executive coaching terrain as a frontier that was “chaotic, largely unexplored, and fraught with risk, yet immensely promising.” The survey also shared that at that time, concrete skills like delegation, conflict management and talent development outweighed softer skills like empathy, persuasion or motivational skills.

2004 28

What is Taylorism, and why Waterfall is just the tip of the iceberg!

Scrum.org

For many people, the traditional project management methodologies (see PMI / PRINCE2) are the root of the problems that birthed Waterfall. Frederick Winslow Taylor is a controversial figure in management history. Managers were needed to tell workers what to do and how to do it.

2021 67

Agile Unplugged: EP01 | Mike Cottmeyer and Brian Sondergaard

Leading Agile

What was that, probably 2004, or ’05 or something in that kind of range, I think? – And I was a project manager. – And you were a project manager in a different part of the organization. – The Agile management stuff, right?

2020 90

Webinar Recap: SIPOC Workshop Facilitation – Part 2: SIPOC Workshop Strategies

MPUG

The idea though with systems and project management theory were drawn… Our attention is drawn to the fact that hey you know what, if there are risks, if there are issues that need escalation, there has to be a certain level of governance. Jeff Bongiovani: Per the risk register.

2021 52

The Relationship Between Stress, Nutrition, and Emotional Well-Being - Sheryl Puterman

PM That Works

She's an internationally trained and certified Mind Body nutrition and wellness practitioner, and also an expert in stress relief management and conscious relationships. My family and I are survivors of the 2004 Asian tsunami. Breathing is the cornerstone of stress management. VoiceAmerica 13:41 Are you frustrated with the overall productivity of your project management processes? Are you getting the most out of your project management software?

2020 40

Daily Habits of Successful Leaders: Examples and Lessons

ActiveCollab

The most successful people in the business have 5 things in common: They have laser focus; They are excellent short and long term organizers; They learn from their mistakes; They adapt easily; They take calculated risks. Steve Jobs](([link] used to spend his mornings in meetings with his product and management teams. Take risks - like Mark Zuckerberg. However, Mark did not become a leader just by playing it safe: he took risks when needed, and it paid off.

2017 31