Herding Cats

MAY 16, 2019

Gary Bliss, Director Performance Assessment and Root Cause Analysis (PARCA), US Department of Defense. Budget control is mandatory for any credible management of other peoples money. This bounding of the cost estimate may be attempted through sensitivity analyses or through a formal quantitative risk analysis.

Performance Measurement 33

Performance Measurement Technical Review Estimate Risk Management 33

Rebel’s Guide to PM

JULY 20, 2023

Some examples of the project delivery artifacts that fall into this category that I use to manage my own projects at work include: Assumption log Actions log Decision log Risk register Issue log Change log Backlog (see, agile project artifacts are relevant too) Stakeholder register These documents represent a set of continuously evolving documents.

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

MPUG

MAY 14, 2021

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 2: What to Measure and How to Report, being provided by MPUG for the convenience of our members. Kyle: And welcome to Part 2 of MPUG’s Project Performance Measurement course. million.

Performance Measurement 59

Performance Measurement Underperforming Technical Team Software Engineering Engineering 59

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

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

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 430

Performance Measurement Planning Risk Management Closing 430

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

Some of those areas are integration management, project scope management, project cost management, project time management, project quality management, project communications management, project risk management, project procurement management and project stakeholder management. Therefore, a PMIS is so important.

Software Review 214

Software Review Project Life Cycle Closing Budget 214

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

Kiron Bondale

SEPTEMBER 16, 2018

As Tony Robbins would say, “ Where focus goes, energy flows “ If we haven’t updated performance measures for functional managers and their staff, it will be much harder to encourage them to change. Pairing functional managers with properly trained HR staff for panel interviews is one way to address this.

Agile 189

Agile Performance Measurement Energy Sustainability 189

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 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. Execute the Performance Measurement Baseline. Perform Continuous Risk Management (CRM) on everything you do on the project. Risk Management is Project for Adults - Tim Lister.

Performance Measurement 116

Performance Measurement Risk Management Defining Risk 116

Project Pulse Journal

MARCH 7, 2024

Each knowledge area plays a role in value delivery by enabling effective project governance, resource management, risk mitigation, and stakeholder engagement. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

Governance 52

Governance Government Technical Review Sustainability 52

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

Techno-PM

MARCH 28, 2022

A dashboard provides real-time visibility into all ongoing projects, including their status, progress, risks, budgeting, and more. For example, you can see each project team's status, budgets, and progress in real-time. Increased complexity in implementation , which leads to increased risk. Increased cost for training.

Planning 68

Planning Technical Review Infrastructure Certification 68

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

Techno-PM

AUGUST 23, 2021

Other elements might be included based on what sort of industry a company is operating in Key Elements One of the most important aspects of being a project manager is understanding how to report performance properly. They include status updates, risk analysis, and financial information. What Goes into Performance Reporting?

Performance Measurement 36

Performance Measurement Budget Risk Management Risk 36

Techno-PM

AUGUST 23, 2021

Key Elements One of the most important aspects of being a project manager is understanding how to report performance properly. They include status updates, risk analysis, and financial information. Variance Report - A variance report is a performance report that shows the difference between budgeted and actual values for an item.

Performance Measurement 36

Performance Measurement Budget Risk Management Risk 36

ProProfs Project Management

JANUARY 21, 2020

The amount of money allocated to a specific project is referred to as the project budget. Performance Measurement Baseline. This creates a point of comparison of all the other baselines to evaluate project performance. Risk is any positive or negative event that can affect project execution. Optimistic Duration.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

ProProfs Project Management

MARCH 18, 2020

Project Management is the art of coordinating resources and directing working groups to execute components of work so that each group delivers components that can be tied together into a wholesome deliverable (contracted scope of work) within schedule and budget. Risk : This is an integral part of planning. Plan Risk Management .

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

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. Create contingency plans for schedule variances.

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

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

SEPTEMBER 9, 2021

Program Management can be defined as developing and implementing projects by managing the work, people, time, and budget. Program managers are responsible for creating and following schedules, establishing budgets, hiring staff, coordinating with other departments in their company to ensure that they meet deadlines on time.

Budget 36

Budget Monitoring Performance Measurement 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. What happens during the execution phase? Define your timeline 2.

Executing 36

Executing Monitoring Performance Measurement Controlling 36

Techno-PM

AUGUST 12, 2021

Budget Management - A second indicator is budget management. It can also let you know when there has been scope creep on items that were not in the budget, resulting in an unexpectedly high cost for the project. Productivity metrics are a way to measure the efficiency of an organization.

Monitoring 36

Monitoring Budget Risk Management Performance Measurement 36

Techno-PM

AUGUST 12, 2021

Budget Management - A second indicator is budget management. It can also let you know when there has been scope creep on items that were not in the budget, resulting in an unexpectedly high cost for the project. Productivity metrics are a way to measure the efficiency of an organization.

Monitoring 36

Monitoring Budget Risk Management Performance Measurement 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 28

Technical Review Monitoring Software Review Defining 28

Herding Cats

JANUARY 19, 2018

Have sufficient Contingent Budget and Management Reserve to cover the cost variances from the naturally occurring cost behaviors, event-based impacts on cost, or cover things that go wrong with the Risk Cost coverage. Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities.

Performance Measurement 31

Performance Measurement Estimate Finance Manufacturing 31

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

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

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 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. IT Risk Management. Focusing on Value is good business practice, common sense, and completely logical.

Manufacturing 40

Manufacturing Estimate Risk Management Budget 40

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

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. .

Estimate 46

Estimate Risk Management Risk SCRUM 46