Remove 2017 Remove Lean Remove Project Cost Remove Risk
article thumbnail

5 Stats You Need to Know from the 2017 State of Project Management in Manufacturing Report

LiquidPlanner

To better understand how manufacturers practice project management, we surveyed more than 100 executives, engineers, and project managers, resulting in the 2017 State of Project Management in Manufacturing report. Work smarter, not harder” could be manufacturers’ motto in 2017. As we move into Industry 4.0,

article thumbnail

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Making these decisions in the presence Uncertainty ?

article thumbnail

What is project scope? (Plus 7 steps to help you define project scope)

Resource Guru

Project scope is the project manager’s best friend. It’s what we lean on throughout the project life cycle. It keeps us on the straight and narrow all the way to project success. We might think that “oh, I don’t need a project scope, I’ve done thousands of projects like this!”. Manage project cost.

article thumbnail

Monte Carlo Risk Analysis in Project Management

Project Pulse Journal

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? Do you find yourself overcome by the inherent uncertainty of project variables like cost or schedule and worried about how they might impact your project's success?

article thumbnail

100+ Project Management Statistics & Facts To Remember in 2019

ProProfs Project Management

There is not one reason why projects fail, and with the above mentioned project failure statistics, it is important to understand the need for a well-defined and streamlined project management system that helps in streamlining workflow and ensuring proper project execution. Reasons for Project Success” Statistics.

article thumbnail

Software Estimating Resources

Herding Cats

Cost Modeling Agile Software Development,” Maarit Laanti and Petri Kettunen, International Transactions on Systems and Applications, Volume 1 Number 2, pp. Why Monte Carlo Simulations of Project Network can Mislead,” Terry Williams, Project Management Journal 35(3), pp. How I Estimate Software Development Projects,” Alvin J.