Strategy Execution | PMO Perspectives
MAY 28, 2020
The recent UK Government’s enquiry into the management of major projects was cut short by world events, but the interim report and oral evidence make for interesting reading. [1] Download our course catalogue to learn more. [1] This post first appeared on PMO Perspectives Blog.
Herding Cats
MARCH 11, 2017
This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. All project work has uncertainty. Uncertainty comes from the lack of precision and accuracy about the possible values of a measurement of a project attribute.
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Herding Cats
MAY 10, 2019
Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., The Chaos & Complexity of Mega Projects,” Michael Bensussen, PM.2128, 1, March 2014.
Herding Cats
MAY 11, 2019
Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. The Chaos & Complexity of Mega Projects,” Michael Bensussen, PM.2128,
Herding Cats
MARCH 11, 2018
A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Aleatory uncertainty ? and Dutta, P., Alleman, G. Coonce, T. and Price, R.
Herding Cats
APRIL 16, 2019
Measuring the performance of deliverables, at the planned delivery date, for the planned cost is the best measure of progress to plan. Increasing the Probability of Success - Projects are one-off events. Project Performance Management. Event-Based Scheduling , Failed or underperforming projects are more common than not.
Herding Cats
MAY 7, 2019
“Cost Modeling Agile Software Development,” Maarit Laanti and Petri Kettunen, International Transactions on Systems and Applications, Volume 1 Number 2, pp. Markovian Stochastic Event Graphs,” Pierre H. A Project–Product Model-Based Approach to Planning Work Breakdown Structures of Complex System Projects,” A.
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