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Increasing the Probability of Project Success

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This means having a set of Principles, Process, and Practices to test the suggestion against. These Five Immutable principles are time phased into Processes that provide answers to the Five Principles. and the connections between each Process are made to form a Closed Loop control systems needed to manage any project. With some details for each process area. To support these Principles and Processes, a set of Practices are needed. Hope is not a Strategy.

2017 69

How to Talk About Estimates

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We can't talk about estimates or estimate, without also talking about the precision and accuracy of the estimate (the noun) after we have performed the estimate (the verb). . Every month there is a Month End reports, both showing cumulative cost to date, cumulative schedule performance, and Physical Percent Complete. What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something.

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A Compendium of Works to Increase the Probability of Project Success

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Managment Processes. 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. Making the Impossible Possible: Applying Heliotropic Abundance for creating Program and Project Management Processes. Forming, Storming, Norming, Performing, and Adjourning. Project Performance Management. Measures of Product Value is Exchange for Its Cost.

2008 45

Definition of Done

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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? These are attributes to assure the system has the capability and capacity to perform.

2017 38

Compendium of Works to Increase Probability of Project Success

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Management Processes (#MP). Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Strategy (#Strategy). The overarching theme is focused on defining what Done looks like, assessing progress toward Done in units of measure meaningful to the decision makers. Those units always start with Measures of Effectiveness and Measures of Performance.

2015 37

Integrated Master Plan - Revisited

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Plans are Strategies. A Strategy is a Hypothesis. The role of the Integrated Master Plan is to provide the Strategy for the successful completion of the program. Transparent – Comprehensible display of what needs to be done and how completion is measured. It is essential that the IMP represent the work that must be performed. The IMP shows the Accomplishments and the measures of Accomplishments that are essential to get through a design review.

Five Immutable Principles of Project Success

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No matter the engineering processes used to produce the outcomes from the project. Without these measures, Done will usually mean . Without these measures, Done will usually mean we ran out of time and money. . Plans are strategies for success. Strategies are hypotheses. Measuring the effectiveness of these resources is needed to take corrective actions to assure we have enough to finish the project on time. No matter the size of the project.

2017 35

Deconstructing the Hertz and Accenture Debacle

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Of course, No Root Cause analysis has been performed by these advocates, but it makes good click bait for their followers. This approach is guided by the processes for Root Cause Analysis on Software Intensive System of Systems project I've worked. It assessed the current state of its e-commerce activities, defined goals, and strategy for its digital business, and developed a roadmap that would allow Hertz to realize its vision. Were there: Measures of Effectiveness.

Biases in Project Management and How to Remove Them

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Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. Because of that, we don't separate the thinking processes into a dual-system. And of course, those are biased, filtered are fed back into System One at a later date, creating more bias to the decision-making process in the future.

Biases in Project Management and How to Remove Them

Herding Cats

Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. Because of that, we don't separate the thinking processes into a dual-system. And of course, those are biased, filtered are fed back into System One at a later date, creating more bias to the decision-making process in the future.

Microeconomics and Risk Management in Decision Making for Software Development

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Take for example the deployment of an ERP system, the installation, and startup of a process control system, the release of a suite of embedded software controllers for a car, aircraft, petrochemical plant. risks that may prevent the end item from performing as intended or not meeting performance expectations. Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters describe the measures of these expectations.

2007 32