Project Pulse Journal

MARCH 7, 2024

Each knowledge area plays a role in value delivery by enabling effective project governance, resource management, risk mitigation, and stakeholder engagement. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

Governance 52

Governance Government Sustainability Technical Review 52

Herding Cats

OCTOBER 11, 2016

I work in the Software Intensive System of Systems domains in Aerospace, Defense, Enterprise IT (both commercial and government) applying Agile, Earned Value Management, Productive Statistical Estimating (both parametric and Monte Carlo), Risk Management, and Root Cause Analysis with a variety of capabilities. Department of Energy.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

Herding Cats

OCTOBER 12, 2018

It's been said by an agile voice that. The original agile author's quote shows that systems engineering is missing from his development of software using Agile. Progress and Value are measured with the same in Earned Value Management. To connect What with How we start with the Technical Performance Measures.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

ProProfs Project Management

JANUARY 21, 2020

Agile projects usually do not have set or fixed scope, making this method extremely adaptive to changes proposed by clients. . The amount of money allocated to a specific project is referred to as the project budget. Performance Measurement Baseline. Qualitative Risk Analysis. Quantitative Risk Analysis.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

Wrike

DECEMBER 15, 2020

Improved schedule management planning helps with forecasting time-related costs, budget and resource allocation, and personnel availability. . Baselines enable you to assess the performance of your project over time. Identify performance measures. Certain project methodologies work best for specific projects.

Planning 68

Planning Software Review Underperforming Technical Team Performance Measurement 68

Herding Cats

APRIL 29, 2017

The best starting point for determining the NEEDED precision and accuracy is to determine the Value at Risk. . If I'm risking two weeks of work for the Scrum team of 5 people it's a much different need from the risk of a $10B manned spaceflight program being supported to congress for budget authorization. .

Estimate 46

Estimate Risk Management Risk SCRUM 46

Herding Cats

JANUARY 29, 2018

There's a popular notion in Agile that says Focus on Value. In both cases, these create a risk to the success of the project. These risks - aleatory and epistemic - must be handled in some way if they are to not have an undesirable impact on the outcome of the project. IT Risk Management. Related articles.

Manufacturing 40

Manufacturing Estimate Risk Management Budget 40

Herding Cats

JULY 9, 2018

The development of the software and sometimes the development of the hardware is done in an agile manner, using one of several Agile development methods - SAFe, Scrum for example. Cost, Schedule, and these measures are tightly interconnected. No not to exceed budgets. No Deadlines.

Software 31

Software 2001 Estimate Performance Measurement 31

Herding Cats

JUNE 19, 2017

The Cone of Uncertainty as a Technical Performance Measure. Uncertainty creates Risk. Risk management requires active reduction of risk. Active reduction requires we have a desired reduction goal, perform the work, and measure progress toward the rduction goal. Measure of Effectiveness.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

JULY 9, 2018

The development of the software and sometimes the development of the hardware is done in an agile manner, using one of several Agile development methods - SAFe, Scrum for example. Cost, Schedule, and these measures are tightly interconnected. No not to exceed budgets. No Deadlines.

Software 28

Software 2001 Estimate Performance Measurement 28

Wrike

JULY 1, 2020

Using formal project management processes, procedures, and tools can help lower risk and increase success on all of these long-term HR activities. Establishing productivity and performance measures for the team. Tracking hiring costs against budgets and forecasts. Training and development programs.

Underperforming Technical Team 36

Underperforming Technical Team Software Review Performance Measurement Executing 36

Herding Cats

JANUARY 22, 2017

Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. A critical success factor for all project work is Risk Management.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

FEBRUARY 4, 2017

Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. A critical success factor for all project work is Risk Management.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

MPUG

MAY 21, 2021

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 3: Using MS Project to Track and Report on Performance, being provided by MPUG for the convenience of our members. This one’s titled using MS Project to track and report on performance.

Performance Measurement 52

Performance Measurement Technical Review Software Review Budget 52

Herding Cats

JANUARY 17, 2017

Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. A critical success factor for all project work is Risk Management.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

AUGUST 19, 2016

Here's two recent ones I've encountered with some Agile and #NoEstimates advocates. Setting targets and measuring performance against that target is the basis of all closed loop control systems used to manage projects. In our domain this control system is the Risk Adjusted Earned Value Management System (EVMS).

Performance Measurement 28

Performance Measurement Estimate Software Developers Software Development 28

Herding Cats

FEBRUARY 9, 2018

In the project domain, an estimate is a calculated approximation of some desired measurement. This is usually a cost, a completion date, a performance measure used in a closed loop control system to keep the project GREEN while delivering the needed Capabilities to produce the Value for the customer at the needed time for the needed cost.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

Herding Cats

AUGUST 27, 2017

This is a recurring theme of #NoEstimates it's a waste to me the developer, I'd rather be coding , I'm not good at estimating , I see no value in my making estimating when you're just going to use them against me when I'm late and over budget. Agile development works best when there is a trust but verify paradigm. Related articles.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

APRIL 16, 2019

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Technical Performance Measures (#TPM). Agile Software Development (#ASD). Project Performance Management.

Technical Review 42

Technical Review Performance Measurement 2003 Underperforming Technical Team 42

Herding Cats

APRIL 4, 2019

In a recent exchange in social media, it was clear the notion of risk and the sources of risk, the consequences or risks and managing in the presence of risk was in very unclear, when it was conjectured , we can simply slice the work into small bits and REDUCE risk. . This is good, but it doesn't reduce risk.

Risk Management 43

Risk Management Risk 2003 2011 43

Epicflow Blog

OCTOBER 8, 2019

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. It contains all the details about the tasks a project team has to perform. . Budget at Completion (BAC) . Budgeting .

Software Review 45

Software Review Estimate Project Life Cycle Technical Review 45

Herding Cats

MARCH 30, 2019

Agile software development is framed by a manifesto , a set of 12 principles, several methods. The customer is accountable for knowing what Done Looks Like (in Unity of measure meaningful to their domain). Anything less results in systems not worth having or fail to function or perform. [3],

Software Developers 39

Software Developers Software Development Agile Software 39

Workamajig

JANUARY 11, 2021

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. All work is divided into short bursts called "sprints".

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Epicflow Blog

OCTOBER 8, 2019

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. It contains all the details about the tasks a project team has to perform. . Budget at Completion (BAC) . Budgeting .

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

Epicflow Blog

OCTOBER 16, 2023

Carrying an Umbrella (Risk Buffer). Keeping a Spare Tire (Risk & Resource Buffer). Having Insurance (Risk Buffer). While time buffers are most common, there are several types to know, each targeting specific risks. Most vehicles come with a spare tire. Dressing in Layers (Flexibility Buffer).

2016 52

2016 Monitoring Risk Management Healthcare 52

Herding Cats

APRIL 30, 2019

Root Cause Analysis is Risk Management, that asks the question what is the condition or activity that will create a risk to the success of our project? What was the risk-adjusted date? To develop that schedule margin a risk model is needed. Risk Management is Project Management for Adults - Tim Lister.

Software Review 41

Software Review Technical Review 2018 Engineering 41

Wrike

NOVEMBER 7, 2018

Agile Project Management. Organizations that use a methodology: 38% meet budget. VS. Organizations that don’t use a methodology: 31% meet budget. More than 90% of organizations perform some type of project postmortem or closeout retrospective. [9]. 64% of organizations say they frequently conduct risk management. [6].

2015 60

2015 Technical Review Underperforming Technical Team Software Review 60

Herding Cats

JULY 17, 2017

There are several partitions of this information that are common in building the Performance Measurement Baseline (PMB). The PMB is a time phased, budgeted description of the project. In traditional programs, this is an Integrated Master Plan and Integrated Master Schedule, with budgets laid into the Work Packages.

Estimate 34

Estimate Logistics Performance Measurement Governance 34

Herding Cats

APRIL 5, 2016

There a popular notions in the agile development world that authors like Hayek and Taleb speak to how software development works. You Can’t Understand Agile Without Understanding Hayek. It includes the budgets assigned to scheduled control accounts and the applicable indirect budgets. IT Risk Management.

Software Developers 28

Software Developers Software Development Software Review Software 28

Resource Guru

JUNE 14, 2022

You’ll need to do some groundwork to figure out which one is best for your specific needs based on factors such as team size, budget, and the complexity of the projects you work on. In other tools, it’s hard to see how people’s workloads are stacking up across multiple projects, so it increases the risk of being double-booked.

Software Review 52

Software Review 2022 Software Technical Review 52

MPUG

JUNE 1, 2022

Especially when they released the Sixth Edition, giving this agile guide. And they say, well, you know, if all else fails, you could try this agile guide as well. You have your integration, scope, schedule, cost, quality, resources, communications, risk, procurement, stakeholders, right? Where’s the talk about risk?

PMI 59

PMI Software Review Estimate Risk Management 59