ProjectManager.com

JUNE 23, 2021

The schedule performance index was created to eliminate the guesswork and give a specific, quantifiable answer to the question, as well as show where improvements need to be made for maximum efficiency. What Is the Schedule Performance Index? No more struggling with equations and risking mistakes.

Performance Measurement 425

Performance Measurement Planning Risk Management Closing 425

NimbleWork

APRIL 16, 2024

Planning: In this process, project managers develop a comprehensive project plan that outlines the scope, schedule, budget, resources, and risks associated with the project. Planning involves breaking down the work into manageable tasks, estimating resource requirements, and creating schedules and budgets.

Process 52

Process 2030 Software Review Estimate 52

The IIL Blog

OCTOBER 17, 2023

hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. Change Control A formal process of documenting, reviewing, approving, and managing a change to a project’s scope, schedule, budget, or quality parameters. Capacity Planning To identify the number of resources (e.g.,

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

SEPTEMBER 4, 2019

An abundance of information is created, transferred and stored over the life cycle of a project. Without a way of organizing all information a project is doomed to fail. That’s what PMIS comes in, which is an acronym for project management information system. It’s easy for something to get lost in the mix. What Is PMIS?

Software Review 213

Software Review Project Life Cycle Closing Budget 213

Project Pulse Journal

APRIL 25, 2024

By: Hajime Estanislao, PMP, CSM Are there projects missing deadlines, going over budget, or failing to meet expectations within your organization? This project office is important for organizations managing multiple projects simultaneously as it helps to ensure their completion on time, within budget, and within the scope required.

PMO 52

PMO Governance Government 2014 52

The Strategic Project Manager

MARCH 14, 2024

Risk Management – Project managers can leverage value innovation principles to inform risk management strategies. This can help them identify and mitigate risks associated with innovation. Stakeholder Engagement – Project and program managers need to engage stakeholders throughout the project lifecycle.

Innovation 52

Innovation Sustainability Performance Measurement Risk Management 52

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.

Governance 52

Governance Government Risk Management 2015 52

Herding Cats

SEPTEMBER 26, 2018

Establish a Performance Measurement Baseline (PMB) for performing the work that implements the requirements. This baseline can be a formal Integrated Master Schedule or it can be an informal Product Roadmap with a Release Plan. Execute the Performance Measurement Baseline. Follow the plan.

Performance Measurement 116

Performance Measurement Risk Management Defining Risk 116

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. Who's Budget is it Anyway?

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

Project Pulse Journal

MARCH 7, 2024

Whether you are a seasoned professional or just starting your journey, these insights will equip you with the information and tools necessary to drive projects successfully and contribute to organizational growth. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

Governance 52

Governance Government Technical Review Sustainability 52

Techno-PM

AUGUST 23, 2021

Performance reports provide an in-depth analysis of how well the company has done over time, its strengths, and weaknesses, and how it compares to other companies in its industry. This type of information can be used to make decisions about changing the company's strategy or direction for future success. When it comes to reporting.

Performance Measurement 36

Performance Measurement Budget Risk Management Risk 36

Techno-PM

AUGUST 23, 2021

Performance reports provide an in-depth analysis of how well the company has done over time, its strengths, and weaknesses, and how it compares to other companies in its industry. This type of information can be used to make decisions about changing the company's strategy or direction for future success. When it comes to reporting.

Performance Measurement 36

Performance Measurement Budget Risk Management Risk 36

Herding Cats

MAY 1, 2017

Performance–Based Project Management ® integrates five critical program management process areas with – Cost, Schedule, and Technical Performance Measures. The inclusion of Technical Performance Measures (TPM) separates this approach from conventional methods based solely on managing cost and schedule.

Performance Measurement 42

Performance Measurement Estimate Risk Management Budget 42

Herding Cats

OCTOBER 12, 2018

This is a serious mistake for any non-trivial project or product that operates in the presence of uncertainty, deadlines, not-t-exceed budgets, and mandatory sets of capabilities that are produced in exchange for money. Progress and Value are measured with the same in Earned Value Management. Technical Performance Measures.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

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. Measure project performance.

Planning 68

Planning Software Review Underperforming Technical Team Performance Measurement 68

Techno-PM

JULY 5, 2023

It also helps keep the project on budget and reduces the risk of project failure. Monitoring and documenting the project's progress Develop a project plan: Before starting any project, it's important to develop a detailed plan that outlines the project's scope, timeline, budget, and resources needed.

Technical Review 36

Technical Review Monitoring Software Review Defining 36

Techno-PM

JULY 5, 2023

It also helps keep the project on budget and reduces the risk of project failure. Monitoring and documenting the project's progress Develop a project plan: Before starting any project, it's important to develop a detailed plan that outlines the project's scope, timeline, budget, and resources needed.

Technical Review 36

Technical Review Monitoring Software Review Defining 36

Techno-PM

SEPTEMBER 2, 2021

To measure effectiveness, you need three things: quantitative data about performance measurements, qualitative data about stakeholder satisfaction with outcomes achieved (or dissatisfaction), and information on contextual factors affecting success or failure. Keep everyone informed about challenges 8.

Executing 36

Executing Monitoring Performance Measurement Controlling 36

Techno-PM

AUGUST 12, 2021

They measure the performance of an organization's processes and products and provide information about what needs to be improved to achieve better results. Key Performance Indicators for Managing a Project include: Project Status - The first KPI is project status. What metrics are essential when managing A Project?

Monitoring 36

Monitoring Budget Risk Management Performance Measurement 36

Techno-PM

AUGUST 12, 2021

They measure the performance of an organization's processes and products and provide information about what needs to be improved to achieve better results. Key Performance Indicators for Managing a Project include: Project Status - The first KPI is project status. What metrics are essential when managing A Project?

Monitoring 36

Monitoring Budget Risk Management Performance Measurement 36

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

Techno-PM

JULY 5, 2023

It also helps keep the project on budget and reduces the risk of project failure. Monitoring and documenting the project's progress Develop a project plan: Before starting any project, it's important to develop a detailed plan that outlines the project's scope, timeline, budget, and resources needed.

Technical Review 28

Technical Review Monitoring Software Review Defining 28

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

Often, these systems can readily exchange only information and knowledge with one another, and not substantial quantities of physical mass or energy. The system of systems performs functions and carries out purposes that do not reside in any component system. Cost, Schedule, and these measures are tightly interconnected.

2001 31

2001 Software Estimate Performance Measurement 31

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. Organizing, documenting and storing information on employees and potential hires.

Underperforming Technical Team 36

Underperforming Technical Team Software Review Performance Measurement Executing 36

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

JULY 9, 2018

Often, these systems can readily exchange only information and knowledge with one another, and not substantial quantities of physical mass or energy. The system of systems performs functions and carries out purposes that do not reside in any component system. Cost, Schedule, and these measures are tightly interconnected.

2001 28

2001 Software Estimate Performance Measurement 28

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.

Aerospace 41

Aerospace Engineering 2012 2014 41

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

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

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. Abstracted from [3].

2010 28

2010 2007 Estimate Aerospace 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

JUNE 9, 2018

Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. When System One works it is because of memories and past experiences inform the decision. System One is gut feel or intuition.

Transportation 39

Transportation Software Engineering Finance 2011 39

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. Technical Performance Measures.

Software Engineering 28

Software Engineering Performance Measurement Finance Manufacturing 28

Herding Cats

JULY 24, 2017

Shipping on time, to specifications, and within budget might be meaningless if a competitor is shipping software that has a greater value to the market. The notion of reducing uncertainty may be possible, but shipping on time and budget may be meaningless if a competitor ships greater value.

2007 42

2007 2012 2006 2008 42

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

JUNE 9, 2018

Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. When System One works it is because of memories and past experiences inform the decision. System One is gut feel or intuition.

Transportation 28

Transportation Software Engineering Finance 2011 28