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

Project Pulse Journal

APRIL 25, 2024

Take control of your projects and programs today and start seeing the benefits of strategic project management. Controlling PMO Industry Application - A controlling PMO is common in regulated industries like pharmaceuticals, healthcare, and finance. Discover how a PMO can be a game-changer for your organization.

PMO 52

PMO Governance Government 2014 52

ProjectManager.com

APRIL 24, 2019

Corporate governance is a system of rules, practices and processes that are used by a corporation to direct and control its actions. That includes action plans , internal controls, OKRs , performance measurements and corporate disclosures. Money can be a difficult valve to open when controlled by a board of directors.

Governance 275

Governance Government Influencer Executing 275

The IIL Blog

OCTOBER 17, 2023

Activity An activity is the actual, specific task that must be performed in a project, i.e., the tactical level of work. Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Agile team A cross-functional group of individuals (e.g.,

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Herding Cats

MARCH 17, 2019

Open Loop / Closed Loop Project Controls. 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. Building a Credible Performance Measurement Baseline. Agile Project Management.

2003 54

2003 2011 2008 Performance Measurement 54

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.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

Herding Cats

APRIL 16, 2019

Project Performance Management (#PPM). Agile Project Management (#APM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Agile Software Development (#ASD). Integrating Agile and Earned Value Management (#AEVM). Project Performance Management.

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Herding Cats

OCTOBER 1, 2016

For any closed loop control system ‒ let’s assume we want to manage our project with such a system ‒ has a signal representing the current state of the system. For your Honeywell or Nest controller on the wall, that sample rate is measured in seconds. Stochastic process control is the field of study. https://goo.gl/DP6Jw

Closing 28

Closing Estimate Controlling Process 28

Rebel’s Guide to PM

JANUARY 15, 2018

Be Clear on Requirements and Confirm Performance Criteria. Requirements matched to agreed performance measurement criteria are a pair (or the same thing stated twice). Before establishing an agreed supervisory regime, we must assess ‘how well suited is this request to pro-active versus reactive styles of control.

Prince2 267

Prince2 Technical Review Closing Defining 267

Herding Cats

MAY 12, 2018

This quote is typically the basis of proposing agile software development over traditional software development. But if the development work is a Project is a fixed period of performance, for a fixed (with margin) budget, and a fixed set of Capabilities, then the question is can agile be used to develop the software?

Agile 44

Agile Finance Software Developers Software Development 44

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

International Institute for Learning

JANUARY 4, 2023

Unless billable hours are a key performance measure, being in the office just to be seen does not increase value. We have control over the meetings we organize. Kanban boards are increasingly used to manage the flow of work on agile teams. That leaves much room for improvement.

Transportation 52

Transportation PMI 2016 Certification 52

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. In Earned Value Management paradigm, progress is always measured as physical percent complete. Technical Performance Measures.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

International Institute for Learning

JUNE 28, 2022

Unless billable hours are a key performance measure, being in the office just to be seen does not increase value. We have control over the meetings we organize. Kanban boards are increasingly used to manage the flow of work on agile teams. That leaves much room for improvement. Website: [link]. LinkedIn: [link].

Transportation 59

Transportation PMI 2016 Certification 59

Project Pulse Journal

MARCH 7, 2024

Instilling project management practices, especially the Agile framework , contributes to the business agility capabilities of the organization. Organizational changes should empower business value creation through business agility. Customer value or the desired outcomes are established at the start of projects.

Governance 52

Governance Government Technical Review Sustainability 52

Project Pulse Journal

MARCH 18, 2024

We will explore how the project management control process and systems are the backbone of project success, providing structure, oversight, and direction to ensure that projects are executed and aligned with organizational goals and values.

Governance 52

Governance Government Risk Management 2015 52

Rebel’s Guide to PM

SEPTEMBER 26, 2016

Project management practitioners are looking for new lean and agile project management tools to support their day-to-day work and often seek them outside the tools that their organisations offer them. the desired level of monitoring and controlling. a people culture. existing contracts and agreements.

Software Review 150

Software Review Software Technical Review PMI 150

Wrike

DECEMBER 15, 2020

Developing a schedule management plan is a critical phase in project planning that ensures you start, monitor, control, and complete projects successfully. Baselines enable you to assess the performance of your project over time. Identify performance measures. Identify schedule change control procedures.

Planning 68

Planning Software Review Underperforming Technical Team Performance Measurement 68

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. . Performance Measurement Baseline. This creates a point of comparison of all the other baselines to evaluate project performance. Overall Change Control. X-Bar Control Charts.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

The Strategic Project Manager

APRIL 22, 2022

Productivity and Performance should be improved from the Late Status Quo. It is critical to monitor and control especially during the early New Status Quo phase to ensure that people do not revert back to old familiar ways, or otherwise veer off course. Help people take ownership of the new way.

Underperforming Technical Team 98

Underperforming Technical Team Leadership Performance Measurement Executing 98

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.

Performance Measurement 35

Performance Measurement Technical Review 2017 2008 35

Epicflow Blog

OCTOBER 8, 2019

It contains all the details about the tasks a project team has to perform. . is initial data for your project performance measurement necessary for the start. is used to define configurable items of a project and those requiring formal change control. Control Account (CA) . Control Account Manager (CAM) .

Software Review 45

Software Review Project Life Cycle Estimate Technical Review 45

Wrike

JUNE 11, 2023

In particular, the ability to produce more with fewer resources leads to an increase in output and revenue while keeping costs under control. This agility is crucial in a dynamic business environment where market conditions can change rapidly. Also, efficiency allows businesses to respond quickly to market changes and customer demands.

Software Review 36

Software Review Technical Review Innovation Performance Measurement 36

Herding Cats

JUNE 19, 2017

The Cone of Uncertainty as a Technical Performance Measure. Closed Loop Stochastic Adaptive control in the presence of Evolving Uncertainty. Management of this reduction work and measurement of the progress is a Close Loop Control System paradigm. The Cone of Uncertainty as a Technical Performance Measure.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Epicflow Blog

OCTOBER 8, 2019

It contains all the details about the tasks a project team has to perform. . is initial data for your project performance measurement necessary for the start. is used to define configurable items of a project and those requiring formal change control. Control Account (CA) . Control Account Manager (CAM) .

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

Herding Cats

APRIL 4, 2019

All making things smaller dos is show that you're late, over budget, and what you're building (Technical Performance Measures) doesn't work faster. PM Sourcebook Integrated Project Management Sourcebook A Technical Guide to Project Scheduling, Risk and Control, Mario Vanhoucke, Springer. It just closed the loop faster.

Risk Management 43

Risk Management Risk 2003 2011 43

Herding Cats

APRIL 30, 2019

If both parties didn't have a status reporting process that was 0ne-half the distance between that time, they're going to lose control of the project. This is a foundational principle of program planning and controls just as it is a principle of closed-loop control systems. If they're using Agile every 2 to 3 weeks.

Software Review 41

Software Review Technical Review Engineering 2018 41

Herding Cats

JANUARY 22, 2017

The Measure that is modeled in the Cone the variable is the Quantitative basis of a control process that establishes the goal for the performance measure. Analyzing trends that help focus on problem areas at the earliest point in time - when the variable under control starts misbehaving, intervention can be taken.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

FEBRUARY 4, 2017

- How much variance reduction needs to take place in the project attributes (risk, effectiveness, performance, cost, schedule - shown below) at what points in time, to increase the probability of project success? This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM).

Technical Review 28

Technical Review Estimate 2005 Software Review 28

International Institute for Learning

OCTOBER 4, 2022

Therefore, it will be necessary to benchmark the metrics use as part of performance measurement. The environment can include the corporate culture, the project culture, the interaction with the organization’s business model, the impact of executive command and control from the top floor of the building, and political factors.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

Herding Cats

AUGUST 19, 2016

Here's two recent ones I've encountered with some Agile and #NoEstimates advocates. Is this macroeconomic model a correct operational model for software development processes - measuring changes the target ? In our domain this control system is the Risk Adjusted Earned Value Management System (EVMS). No measures of performance.

Performance Measurement 28

Performance Measurement Estimate Software Developers Software Development 28

Herding Cats

JANUARY 17, 2017

The Measure that is modeled in the Cone the variable is the Quantitative basis of a control process that establishes the goal for the performance measure. Analyzing trends that help focus on problem areas at the earliest point in time - when the variable under control starts misbehaving, intervention can be taken.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

MARCH 11, 2018

By the way, the pure conjecture that agile enables late changing requirements to not have a significant impact on the cost and schedule of the development project is completely lacking any testable evidence outside of personal anecdotes of agile advocates. risks that affect the cost and schedule measures of the program.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

ActiveCollab

SEPTEMBER 11, 2017

Controlled company culture. Controlled culture requires order and alignment based on clear data-driven goals and objectives. Often focused on finance or manufacturing, companies that opted for this kind of culture rely heavily on annual business plans and key performance measurements. Controlled culture.

Underperforming Technical Team 39

Underperforming Technical Team Controlling Performance Measurement Finance 39

Herding Cats

SEPTEMBER 28, 2018

Hyndman - in our program planning and controls domain ARIMA (Autoregressive Integrated Moving Average) is a powerful tool for forecasting future project behaviors based on past performance. This is found many times in project work around risk management and other performance measures that are ordinal rather than cardinal.

Engineering 52

Engineering Performance Measurement Risk Management Risk 52

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. Let's look at one example.

Software Developers 28

Software Developers Software Development Software Review Software 28

Workamajig

JANUARY 11, 2021

Agile: A project management methodology that focuses on delivering work in an iterative fashion. The agile approach is usually used in software projects where the scope is not always known and adaptability is prioritized. Change Control System: A formal system for managing changes to a project's deliverables, deadlines, and scope.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78