Closing Definition Estimate Performance Measurement 
The IIL Blog
OCTOBER 17, 2023
Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.
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.
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Herding Cats
MARCH 5, 2017
The common definition of the Definition of Done in agile software development is (mostly from the Scrum Alliance and other official Scrum sites): A simple list of activities (coding, comments, unit testing, integration, release notes, design documents, etc.) These Measures have Little meaning to the Decision Makers.
ProProfs Project Management
JANUARY 21, 2020
It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. The shortest time estimated to complete a specific project task or activity is known as optimistic duration. Performance Measurement Baseline. It is an estimation technique based on an expert consensus.
Herding Cats
DECEMBER 4, 2017
In the Project Controls paradigm, Value is a measurable attribute of the project controls process - a Closed Loop Control measure. The units of measures of Cost and Time are straightforward. The units of measure of Value have several different names. The Measures of Effectiveness. INCOSE-TP-2005-020-10.
Herding Cats
JUNE 19, 2017
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.
International Institute for Learning
OCTOBER 4, 2022
Step 5: Be able to implement the steps necessary to close the performance gap between your company and other companies/organizations. The person performing the external benchmarking study must possess an excellent understanding of his/her organization’s current project management and business processes.
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