The IIL Blog

OCTOBER 17, 2023

Earned Value Management (EVM) A systematic approach to project performance measurement assessing schedule and cost performance. Project Closure Report A document summarizing the project’s overall performance, outcomes, and lessons learned. Feasibility Study An analysis of a project’s viability. a project).

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

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. Related articles.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

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. Gap can also exist for performance improvement expectations such as: Reduction in risk by a certain percentage, cost, or time. Identification of governance and leadership effectiveness.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

nTask

APRIL 28, 2021

In this article, you’ll learn how to document your business processes, and why this documentation is important for driving your sustainability agenda. This includes identifying process risks or sustainability measures to monitor the process. JIT is pull-system meaning investments are governed by process demand.

Sustainability 120

Sustainability Process Underperforming Technical Team Lean 120

Herding Cats

DECEMBER 5, 2017

We're working on a White Paper for the Joint Space Cost Council which is an organization composed of government (NRO, NASA, USAF, and others) and industry representatives with an interest in space. Our topic is Increasing the Probability of Program Success Thorugh Continuous Risk Management. . Risk-Adjusted Plans. Cost Impacts.

Aerospace 37

Aerospace Estimate Governance Government 37

Herding Cats

DECEMBER 4, 2017

The technical measures are a set of attributes used to provide the supplier (developer) and the acquirer (customer) with insight into the progress of the definition and development of the technical solution, the ongoing assessment of the associated risks and issues, and the likelihood of meeting the critical objectives of the acquirer (customer).

2005 37

2005 Performance Measurement Closing Controlling 37

Herding Cats

JUNE 4, 2016

I spent the week speaking at the College of Performance Management conference where government and industry come together to work on the issues of cost, schedule, and technical performance management process improvement needed to increase the probability of program success. Related articles. IT Risk Management.

Software Engineering 28

Software Engineering Performance Measurement Finance Manufacturing 28

Herding Cats

JANUARY 14, 2017

Aleatory and Epistemic uncertainties, which create risk to the success of the project. Since all project work contains uncertainty, reducing this uncertainty - which reduces risk - is the role of the project team and their management. A critical success factor for all project work is Risk Management. So the question is? -

Technical Review 28

Technical Review Software Review Underperforming Technical Team Risk Management 28

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

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

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. . Related articles.

Estimate 46

Estimate Risk Management Risk SCRUM 46

Herding Cats

FEBRUARY 9, 2018

We can estimate the total cost, total duration, and the probability that all the Features will be delivered on the program we are working for the US Government. In the project domain, an estimate is a calculated approximation of some desired measurement. Kahneman is speaking about risk-taking when we put it in the project context.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

Herding Cats

JANUARY 29, 2018

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. Related articles. IT Risk Management. I'll attend with a follow-up. .

Manufacturing 40

Manufacturing Estimate Risk Management Budget 40

Herding Cats

AUGUST 12, 2016

Here's an article, recently referenced by a #NoEstimates twitter post. The headline is deceiving, the article DOES NOT suggest we don't need deadline, but that deadlines without credible assessment of their credibility are the source of many problems on large program. Both these cause risk to cost, schedule, and technical outcomes.

Technical Review 28

Technical Review Estimate 2003 Aerospace 28

Herding Cats

OCTOBER 1, 2016

For software, this can be value produced (assuming we have a unit of measure for that value in the for of effectiveness, performance, key performance parameters, or technical performance measures ). It can be the cost, schedule, and technical performance measures of the software project. https://goo.gl/DP6Jw

Closing 28

Closing Estimate Controlling Process 28

Herding Cats

JUNE 4, 2017

Risk Management is How Adults Manage Projects - Tim Lister. No risk management plan with mitigations, the risks are still there, and we're not managing other people's money like adults. Since all risks come from uncertainty, we have to estimate those uncertainties, their impacts, their residual risks after mitigation.

Estimate 39

Estimate Risk Management Risk Engineering 39

Herding Cats

AUGUST 27, 2017

This notion shows that governance is not considered a requirement for the business. Related articles. IT Risk Management. Don't Do Stupit Things On Purpose. I need an estimate because… I need one to prioritize my backlog. This is no different when the development processes are agile or traditional.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

JANUARY 5, 2017

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. How to Avoid the "Yesterday's Weather" Estimating Problem. Hope is not a Strategy. Complex, Complexity, Complicated.

Estimate 81

Estimate Closing Controlling Defining 81

Herding Cats

AUGUST 5, 2017

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Risk management is essential to the success of any significant project. Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway.

Risk Management 42

Risk Management Risk Estimate Underperforming Technical Team 42

Herding Cats

NOVEMBER 29, 2017

Designing, building, testing, and deploying complex systems is fraught with risk. And as always risk comes from uncertainty. Much has been written about the sources of risk and how to Manage in the Presence of Uncertainty (This briefing describes how risk is managed for each element of the Integrated Master Plan). .

Planning 42

Planning Software Review Governance Government 42

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. Carrying an Umbrella (Risk Buffer). Having Insurance (Risk Buffer).

2016 52

2016 Monitoring Risk Management Healthcare 52

Herding Cats

JANUARY 23, 2018

The goal of every program manager is to have a set of practices that connect all the programmatic planning, risk, and performance information in a single unified view needed to support the decisions that increase the probability of success of any project or program. Cost is measured in dollars and schedule is measured in time.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44

Wrike

NOVEMBER 7, 2018

Need up-to-date facts and figures for a project management report, article, or infographic? 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]. How Project Success is Measured: 20% — Satisfied stakeholders.

2015 60

2015 Technical Review Underperforming Technical Team Software Review 60

Herding Cats

APRIL 5, 2016

In our domain this is the Performance Measurement Baseline, which is a time-phased budget plan for accomplishing work against which contract performance is measured. Related articles. IT Risk Management. Risk Management is How Adults Manage Projects. Risk Management is How Adults Manage Projects.

Software Developers 28

Software Developers Software Development Software Review Software 28

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. Carrying an Umbrella (Risk Buffer). Having Insurance (Risk Buffer).

2016 52

2016 Monitoring Risk Management Healthcare 52

MPUG

JUNE 1, 2022

Meaning to say creating value, organizational governance and systems, functions associated with projects, the project environment, and product management considerations all provide the context for how project management could be conducted. Jeff: You know, employees consistent risk evaluation. Where’s the talk about risk?

PMI 59

PMI Software Review Estimate Risk Management 59