Remove 2017 Remove Budget Remove Data Remove Performance Measurement
article thumbnail

Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Establishing the Foundation and the Pillars of Project Governance In project management, success isn't merely about meeting deadlines or staying within budget constraints; it's about delivering tangible value that aligns the project objectives with organizational goals. Innovation is good but there will be times when it's just gold-plating.

article thumbnail

Modeling the Future is the Basis of Project Success

Herding Cats

The book that contains that paper and provides the specific approach to modeling the future is Statistics for Experimenters: An Introduction to Design, Data Analysis, and Model Building , Georg E. Data from the past is useful but that data is just that - data from the past. Performance Analysis and Prediction .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

System One is an unconscious system that is automatic, fast, efficient at using the data or experience it already knows. The business draws upon microeconomic data to make a variety of critical choices – any one of which could mean the success or failure of their enterprise. System One - automatic. System Two - deliberative .

article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

System One is an unconscious system that is automatic, fast, efficient at using the data or experience it already knows. The business draws upon microeconomic data to make a variety of critical choices – any one of which could mean the success or failure of their enterprise. System One - automatic. System Two - deliberative .

article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Project Performance Management. Building a Credible Performance Measurement Baseline - without a good foundation, nothing can be built. Risk Management (#RM).

article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

When buffers are made visible, trust is crucial; without it, their presence can reinforce negative stereotypes, painting them as budget inflators rather than strategic tools. This data is not just a reflection but a predictive tool, embedding lessons from the past to enrich future planning strategies.

2016 52
article thumbnail

Deconstructing the Hertz and Accenture Debacle

Herding Cats

Accenture committed to delivering an updated, redesigned, and re-engineered website and mobile apps that were ready to “go-live” by December 2017. You can be late, over budget, and have technical problems, but it can't be a surprise. What is data and process workflow is exchanged between each Capability? Why was this a surprise?