Herding Cats
MARCH 17, 2019
Business, Technical, Systems, Risk, and Project Management. Project Performance Management. Connecting the 5 Principles and 5 Practices of Performance-Based Project Management ® To Increase the Probability of Project Success. Building a Credible Performance Measurement Baseline. Risk Management.
Project Pulse Journal
MARCH 7, 2024
Functions Associated with Projects A system for value delivery encompasses a range of knowledge areas associated with the project lifecycle, including initiating, planning, executing, and closing (PMBOK, 2017). Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.
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Project Pulse Journal
MARCH 18, 2024
Imagine navigating project risks confidently with efficient resource utilization, managing projects for maximum efficiency, and promoting a culture of transparency and accountability within your project team and organization. However, it's not merely about mitigating risks; it's about transforming them into opportunities for value creation.
Herding Cats
DECEMBER 8, 2017
It can be the needed performance of a measure - Effectiveness, Performance, Key Performance Parameter, or a Technical Performance Measures. The specifics of the Technical Performance Measures applied to inform Physical Percent Complete and the Cone of Uncertainty around the TPM are shown here.
Herding Cats
OCTOBER 16, 2018
In ISO 15288 this is the role of the Risk Management Processes. A second Critical Success Factor is the ability to predict what will happen in the future given the model of the project's activities and risks and the alternative designed as well as emerging designs and external processes. . This is the desired outcomes model.
Herding Cats
NOVEMBER 14, 2018
Using this method, the performance, cost, time, and risks of alternatives can be articulated as ratios that can then be compared with one another. This decision model for software development projects addressed: performance, cost, time, and risk. Mathematically, the value equals performance over cost plus time.
Herding Cats
JUNE 9, 2018
Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. The success of a software product, service, and solution depends on good business, financial, and risk management. 2] "The effect of fast and slow decisions on risk taking," M.
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