The IIL Blog

OCTOBER 17, 2023

Earned Value Management (EVM) A systematic approach to project performance measurement assessing schedule and cost performance. Project Closure The formal process of closing a project, completing any remaining deliverables, and obtaining stakeholder acceptance. initiation, lanning, execution, and closing).

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

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. Managing software development projects is a Closed Loop control system.

Closing 28

Closing Estimate Controlling Process 28

Wrike

JULY 24, 2023

Implementing organizational performance models is essential for driving success and growth within an organization. However, many organizations face challenges in successfully implementing performance models, often falling into common pitfalls that hinder their effectiveness. Move beyond metrics with Wrike.

Performance Measurement 36

Performance Measurement Technical Review Software Review Innovation 36

UPQODE

APRIL 7, 2023

Whether you’re a marketing operations professional, marketer, or business owner, this article provides valuable insights into how marketing operations can help you achieve your goals and drive success for your organization. What Is Marketing Operations? How Do Marketing Operations And B2B Attribution Relate to Each Other?

Technical Review 52

Technical Review Finance Performance Measurement Closing 52

Herding Cats

MARCH 17, 2019

Here are my collected works, presentations, briefings, journal papers, articles, white papers, and essays, used to increase the Probability of Project Success (PoPS) I've developed and applied over my career in the software-intensive system of systems domain. Open Loop / Closed Loop Project Controls. Project Performance Management.

2003 54

2003 2011 2008 Performance Measurement 54

Herding Cats

DECEMBER 4, 2017

In the Project Controls paradigm, Value is a measurable attribute of the project controls process - a Closed Loop Control measure. The units of measures of Cost and Time are straightforward. The Measures of Effectiveness. Measures of Performance. The Technical Performance Measures.

2005 37

2005 Performance Measurement Closing Controlling 37

MPUG

SEPTEMBER 21, 2020

In this article, we are going to explore Earned Value Management (EVM), a widely used traditional management technique, but we are going to look at it within the context of an Agile domain. In EVM terminology, baseline is further defined as the performance measurement baseline (PMB). Performance Measurement Baseline (PMB).

Underperforming Technical Team 59

Underperforming Technical Team Agile Performance Measurement PMI 59

ProProfs Project Management

MARCH 18, 2020

The performance measurement data that is sent out to stakeholders comes from this phase. . Perform Integrated Change Control . The project manager can close off a project when the final deliverables are presented to the customer, and the customer has validated and signed them off. Finalizing and closing project accounts.

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

MPUG

JULY 10, 2023

In this article, we’ll review some of the common terminology you’ll come across when working with project controls, especially from an earned value environment perspective. You can use that to track performance over time: run the numbers every month and see how performance changes.

Budget 40

Budget Controlling Performance Measurement Finance 40

Wrike

JUNE 11, 2023

Furthermore, effectiveness is closely linked to innovation. Quality vs Quantity: Another Perspective Effectiveness is closely related to the quality of outcomes, as it emphasizes achieving objectives with a high level of quality and meeting customer expectations. Note: This article was created with the assistance of an AI engine.

Software Review 36

Software Review Technical Review Innovation Performance Measurement 36

Project Pulse Journal

MARCH 18, 2024

In this article, we will dive deep into organizational and project governance and systems in project management. With the insights gained from this article, you will turn these into reality; by implementing project governance components, you will transform your project management practices and elevate your organization.

Governance 52

Governance Government Risk Management 2015 52

Herding Cats

MARCH 5, 2017

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? Related articles. Close Loop Thinking.

Software Review 28

Software Review Technical Review Performance Measurement Estimate 28

Herding Cats

JANUARY 5, 2017

and the connections between each Process are made to form a Closed Loop control systems needed to manage any project. These charts are an extract from the book Performance-Based Project Management: Increasing the Probability of Project Success and the abstracted training materials Handbook. Related articles. Doing the Math.

Estimate 81

Estimate Closing Controlling Defining 81

Herding Cats

AUGUST 14, 2016

In the Systems Engineering world where we work, there are four critical units of measure for all we done. Measures of Effectiveness - these are operational measures of success that are closely related to the achievements of the mission or operational objectives evaluated in the operational environment, under a specific set of conditions.

Performance Measurement 49

Performance Measurement Engineering Lean Software Developers 49

International Institute for Learning

OCTOBER 4, 2022

Forms, guidelines, templates, and checklists from published textbooks and journal articles that can affect the execution of projects. Step 5: Be able to implement the steps necessary to close the performance gap between your company and other companies/organizations. Step 1: Know Your Own Processes.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

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

Herding Cats

JANUARY 22, 2017

When actual measures of cost, schedule, and technical performance are outside the planned cone of uncertainty, corrective actions must be taken to move those uncertanties inside the cone of uncertanty, if the project is going to meet it's cost, schedule, and technical performance goals. .

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

JANUARY 14, 2017

This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM). There can be cost and schedule performance measures as well. As the program progresses each of the weight measurements for each of the models through to a final article is compared to the planned weight.

Technical Review 28

Technical Review Software Review Underperforming Technical Team Risk Management 28

Herding Cats

JANUARY 17, 2017

When actual measures of cost, schedule, and technical performance are outside the planned cone of uncertainty, corrective actions must be taken to move those uncertanties inside the cone of uncertanty, if the project is going to meet it's cost, schedule, and technical performance goals. .

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

JULY 24, 2017

But a more important idea is missing in the article. Don't toss out the notion that reducing risk and uncertanty and all other performance measures doesn't follow the plan. . Related articles. In all software development businesses, showing up late and over budget has a direct impact on the bottom line. .

2007 42

2007 2012 2006 2008 42

Herding Cats

AUGUST 19, 2016

Is this macroeconomic model a correct operational model for software development processes - measuring changes the target ? Setting targets and measuring performance against that target is the basis of all closed loop control systems used to manage projects. No measures of effectiveness. Related articles.

Performance Measurement 28

Performance Measurement Estimate Software Developers Software Development 28

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). This article serves as a simple statement; a reminder of the actions taken within company operations and projects.

Governance 52

Governance Government Technical Review Sustainability 52

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

Scrum.org

FEBRUARY 25, 2024

Shall I notify you about articles like this one? Misaligned Incentives : Tying management incentives to traditional performance measures incompatible with Scrum or agile principles​​. Let’s close this first excursion of how to set up a useful Scrum Anti-Patterns GPT with a final deep dive prompt.

SCRUM 183

SCRUM ChatGPT Technical Review Development Team Review 183

Rebel’s Guide to PM

JANUARY 15, 2018

This article, How to Delegate Tasks With More Confidence and Less Stress , first appeared on Girl's Guide to Project Management. This is a guest article from Simon Harris from Logical Model. Read this article on delegating tasks first. Be Clear on Requirements and Confirm Performance Criteria. Simon Harris.

Prince2 265

Prince2 Technical Review Closing Defining 265

Herding Cats

MARCH 4, 2017

This is an immutable principle that impacts planning, execution, performance measures, decision making, risk, budgeting, and overall business and technical management of the project and the business funding the project no matter the domain, context, technology or any methods. Related articles. Complex, Complexity, Complicated.

2010 28

2010 2007 Estimate Aerospace 28

MPUG

APRIL 29, 2021

Microsoft have released a feature as part of the Office 365 suite, and very closely integrated with Microsoft Teams, something called My Analytics. Before we close out, did you want to share your contact info or anything if anyone’s interested in reaching out? Kyle: Okay. Well, that does it for questions, Dharmesh. Dharmesh: Yes.

Technical Review 52

Technical Review Performance Measurement Software Review PMI 52

MPUG

JUNE 27, 2022

This article is the fifth in my series, “A Better Microsoft Project,” You can find the earlier articles here: Introduction , Time Modeling , D * U – W fields , and Workload Leveling. In project management, the real challenge is to keep or move the schedule to align as closely as possible to the static baseline.

Governance 52

Governance Government Estimate Performance Measurement 52

Herding Cats

JANUARY 23, 2018

Determination of physical percent complete is rooted in performance measurement, the comparison of actual performance against an integrated baseline plan consisting of integrated cost, schedule, and technical goals. Earned Value Management (EVM) often anchors such a performance measurement system in DoD programs.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44

Epicflow Blog

OCTOBER 16, 2023

The article is based on the webinar “Fighting Uncertainty in Organizations, Including Matrix Ones, to Achieve Excellent Reliability” with TOC experts Eli Schragenheim and Albert Ponsteen. This article explores managing uncertainty in organizations. Albert is the co-founder of Epicflow, an AI-driven multi-project management system.

2016 52

2016 Monitoring Risk Management Healthcare 52

MPUG

APRIL 23, 2021

Because it’s so close to a party date, this is urgent task. I just can here, close those things and I can see everything here. And then we’ll begin our next three part course on May 5th, Project Performance Measurements. You have… I will give you an example. What I have? I have my Teams.

Software Review 52

Software Review PMI 2011 Risk Management 52

Herding Cats

NOVEMBER 29, 2017

The close tie between the IMP and IMS has been discussed throughout this document. Written - Substantiated by analysis and/or test performed independently of builder/preparer. Related articles. The IMS is often the next artifact to follow the IMP development. Here's the Step-By-Step Guidance for Implementing the IMP/IMS.

Planning 42

Planning Software Review Governance Government 42

Epicflow Blog

APRIL 25, 2024

The article is based on the webinar “Fighting Uncertainty in Organizations, Including Matrix Ones, to Achieve Excellent Reliability” with TOC experts Eli Schragenheim and Albert Ponsteen. This article explores managing uncertainty in organizations. Albert is the co-founder of Epicflow, an AI-driven multi-project management system.

2016 52

2016 Monitoring Risk Management Healthcare 52

MPUG

JUNE 1, 2022

The planning, the executing, the monitoring, controlling, and hopefully you’re getting it right and refining and improving until bam, closing. Now you’re looking at this and you’re like, now you’re squinting and looking very close at your monitor. Now, bear in mind, this is all iterative, right?

PMI 59

PMI Software Review Estimate Risk Management 59