Remove Closing Remove Conference Remove Governance Remove Performance Measurement
article thumbnail

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Each of these has been presented at a conference, published in a refereed journal, or a book or a chapter in a book, or presented during a client engagement. Project Governance. Open Loop / Closed Loop Project Controls. Integrated Master Plan: The Foundation of Program Success , College of Performance Management, May 21, 2014.

2003 54
article thumbnail

Misinterpretations of the Cone of Uncertainty

Herding Cats

The Cone of Uncertainty as a Technical Performance Measure. Closed Loop Stochastic Adaptive control in the presence of Evolving Uncertainty. Active reduction requires we have a desired reduction goal, perform the work, and measure progress toward the rduction goal. Measure of Effectiveness.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cone of Uncertainty - Part Cinq

Herding Cats

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. . Resources. [1]

article thumbnail

Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

- 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).

article thumbnail

Cone of Uncertainty - Part Trois

Herding Cats

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. . Air Force. [4]

article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

These materials have been presented at conferences, published in a journal or newsletter, a book or a chapter in a book, or applied during a client engagement across a wide range of firms and domains. Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM).

article thumbnail

Why Johnny Can't Do The Math

Herding Cats

The 2008 mortgage crisis for example (although many did an made lots of money), the government didn't. An important outcome of Macroeconomics is establishing the appropriate interest rates in an economy, where the government sets a base rate and banks work from there. Microeconomics is about individual or company behaviors.