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 IIL Blog

OCTOBER 17, 2023

Baseline An original plan for measuring performance and tracking changes. Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Business case An organization will develop a document to justify the investment in a project (i.e.,

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Herding Cats

OCTOBER 11, 2016

Here's a typical graph showing a core problem in the software development domain. . There are a collection of projects that started with an estimate at completion and as these projects are executed they didn't turn out as planned - and most importantly they didn't turn out as needed. . Who's Budget is it Anyway?

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

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. Let's look at the thesis of Hayek in light of software development and the decisions that must be made when spending other people's money in the presence of uncertainty. Of course not.

Software Developers 28

Software Developers Software Development Software Review Software 28

Herding Cats

APRIL 16, 2019

Project Performance Management (#PPM). Planning and Scheduling (#PS). Technical Performance Measures (#TPM). Integrated Master Plan and Master Schedule (#IMPIMS). Cost, Schedule, and Technical Performance Management (#CSTPM). Product Development (#ProdDev). Agile Software Development (#ASD).

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Herding Cats

OCTOBER 12, 2018

In most of the software development, this notion is missing - hence the quote that What is divided from How. 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.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

ProProfs Project Management

JANUARY 21, 2020

An assumption in project management refers to assuming about possible factors or situations that may occur in the project planning process that it may actually happen. The amount of money allocated to a specific project is referred to as the project budget. Performance Measurement Baseline. Human Resource Management Plan.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

Workamajig

JANUARY 11, 2021

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Herding Cats

JUNE 19, 2017

The Cone of Uncertainty is a framing assumption used to model the needed reduction in some parameter of interest in domains ranging from software development to hurricane forecasting. The Cone of Uncertainty as a Technical Performance Measure. The Cone of Uncertainty as a Technical Performance Measure.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

JULY 24, 2017

Traditional project management approaches, several of which are based on a strong belief in the cone of uncertainty, advocate stronger project control and greater planning. While controls and planning are useful, an overly strict focus can result in attempts to solve the wrong goal. This assumes of course the Plan is credible.

2007 42

2007 2012 2006 2008 42

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

Wrike

NOVEMBER 7, 2018

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]. How Project Success is Measured: 20% — Satisfied stakeholders. 18% — Delivered within budget.

2015 60

2015 Technical Review Underperforming Technical Team Software Review 60

Herding Cats

JANUARY 14, 2017

Here's some examples of Planned variances and managing of the actual variances to make sure the project stays on plan. In this case, the projected base weight is planned and the planned weights of each of the major subsystems are laid out as a function of time.

Technical Review 28

Technical Review Software Review Underperforming Technical Team Risk Management 28

Herding Cats

AUGUST 19, 2016

Rarely the case in software development, where Little's Law is misused often. The OP claimed Goodhart's Law was the source of most of the problems with software development. What this says is again when the measure becomes the target, that target impacts the measure, changing the target. .

Performance Measurement 28

Performance Measurement Estimate Software Developers Software Development 28

Herding Cats

JANUARY 22, 2017

Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. Inadequate assessment of risks and unmitigated exposure to these risks with proper handling plans. The Cone is NOT the result of the project's past performance.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

JUNE 9, 2018

With these business principles of software development and projects in general, we can ask and answer five principles of project success. What dos Done look like in units of measure meaningful to the decision makers? What is the Plan to reach done at the needed time for the needed budget, with the needed outcomes?

Transportation 39

Transportation Software Engineering Finance 2011 39

Herding Cats

FEBRUARY 4, 2017

Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. Inadequate assessment of risks and unmitigated exposure to these risks with proper handling plans. The Cone is NOT the result of the project's past performance.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

Herding Cats

AUGUST 27, 2017

It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. Thus, the common approach to "measure productivity" is to compare the estimates against what, in fact, happened.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

JANUARY 17, 2017

Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. Inadequate assessment of risks and unmitigated exposure to these risks with proper handling plans. The Cone is NOT the result of the project's past performance.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

JUNE 9, 2018

With these business principles of software development and projects in general, we can ask and answer five principles of project success. What dos Done look like in units of measure meaningful to the decision makers? What is the Plan to reach done at the needed time for the needed budget, with the needed outcomes?

Transportation 28

Transportation Software Engineering Finance 2011 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. Let's start with Mr. Bliss's chart.

2010 28

2010 2007 Estimate Aerospace 28

Herding Cats

OCTOBER 16, 2018

Modeling is at the heart of Program Planning and Controls. It's the Planning and Controls processes working together with the Technical Development processes that provide the ability to forecast what should happen in the future if we keep going like we are going now using a Model of the possible future outcomes.

Aerospace 41

Aerospace Engineering 2012 2014 41

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

MPUG

JUNE 1, 2022

Melanie: Jeff is currently the Training and Development Manager for Edwards Performance Solutions. As such, he oversees the production and maintenance of courses on project management, systems engineering, software development, business process improvement, and cyber security. Then planning.

PMI 59

PMI Software Review Estimate Risk Management 59