The Strategic Project Manager

MARCH 14, 2024

For example, projects that offer the potential for creating new market space, delivering unique value to customers, or significantly improving cost efficiency should be given preference. Stakeholder Engagement – Project and program managers need to engage stakeholders throughout the project lifecycle.

Innovation 52

Innovation Sustainability Performance Measurement Risk Management 52

UPQODE

APRIL 7, 2023

Source: Unsplash Marketing operations professionals are responsible for managing the processes, systems, and technologies that support marketing initiatives, such as project management, budgeting, data analysis, campaign execution, and performance measurement. Examples include likes, shares, comments, and followers.

Technical Review 52

Technical Review Finance Performance Measurement Closing 52

Rebel’s Guide to PM

JANUARY 15, 2018

Be Clear on Requirements and Confirm Performance Criteria. Requirements matched to agreed performance measurement criteria are a pair (or the same thing stated twice). There are, therefore, four combinations: 1) “I’ll supervise closely,” with “leave me alone till I call out.”. Understand the Context for Success.

Prince2 267

Prince2 Technical Review Closing Defining 267

Wrike

JULY 24, 2023

By incorporating qualitative metrics such as the number of new product ideas proposed by employees, organizations can gain a more comprehensive understanding of their performance. Lack of Employee Engagement and Understanding Engaging employees in the performance measurement process is vital to its success.

Performance Measurement 36

Performance Measurement Technical Review Software Review Innovation 36

Kiron Bondale

SEPTEMBER 18, 2016

Human resources is a good example of an organizational function which you might not think would experience significant change. Companies are often organized into departments of distinct, specialized skills and performance measurement programs emphasize the individual instead of teams.

Agile 120

Agile Performance Measurement Closing Leadership 120

ProProfs Project Management

APRIL 9, 2020

So, keep your cards close and track what matters most, to emerge as a winner. You really need to keep a close eye on project performance indicators to make your presence felt in the business domain. Here, I would like to give an example of Jeff Bezos. Another KPI for project performance measurement is NPS.

Monitoring 111

Monitoring Budget Closing Performance Measurement 111

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 Measures of Effectiveness. Measures of Performance. The Technical Performance Measures.

2005 37

2005 Performance Measurement Closing Controlling 37

Wrike

JUNE 11, 2023

Furthermore, effectiveness is closely linked to innovation. For example, a company that aims to increase its market share by 10% within a yearn would consider implementing strategies and initiatives that contribute to the achievement of this goal.

Software Review 36

Software Review Technical Review Innovation Performance Measurement 36

MPUG

SEPTEMBER 21, 2020

Let’s consider an example scenario. In EVM terminology, baseline is further defined as the performance measurement baseline (PMB). Performance Measurement Baseline (PMB). Are you wondering now how to calculate the performance measurement baseline (PMB) at a release level? An Example – EVM In Agile.

Underperforming Technical Team 59

Underperforming Technical Team Agile Performance Measurement PMI 59

Herding Cats

APRIL 16, 2019

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Open Loop / Closed Loop Project Controls - project management is a closed loop control system. Project Performance Management. Management Processes (#MP).

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

ProProfs Project Management

MARCH 18, 2020

For example, a stakeholder with high power and a strong influence on the project must be managed carefully. The performance measurement data that is sent out to stakeholders comes from this phase. . Perform Integrated Change Control . Finalizing and closing project accounts. Control Procurements .

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

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.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

OCTOBER 12, 2018

This physical percent complete is measured as compliance with the Technical Performance Measures of the outcomes of the work efforts, that consume the budget for that work. Along with the Technical Performance Measures are three other measures needed to assess progress to plan and production of Value.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

Herding Cats

JANUARY 23, 2018

Determination of physical percent complete is rooted in performance measurement, the comparison of actual performance against an integrated baseline plan consisting of integrated cost, schedule, and technical goals. Earned Value Management (EVM) often anchors such a performance measurement system in DoD programs.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44

MPUG

JULY 10, 2023

You can use that to track performance over time: run the numbers every month and see how performance changes. Generally, you’re looking for the answer to be as close to 1 as possible, as that shows the actual performance is on track with what was forecast. For example, if your SPI is 0.8,

Budget 40

Budget Controlling Performance Measurement Finance 40

Wrike

JANUARY 20, 2022

Showing an overview of current performance. Measuring real-time performance accurately. IT dashboard examples. Here is an IT management dashboard example that’s customized for a CTO. By using comprehensive dashboards, IT teams can gain visibility into their projects and make timely decisions.

Fractional CTO 36

Fractional CTO CTO Hire Technical Review Performance Measurement 36

Epicflow Blog

APRIL 25, 2024

they have been working on it already for more than 10 years, and they are not close to what we have achieved.’ The cascading impact can be particularly detrimental to delivery performance, disrupting schedules and damaging reputation. But the professionals who executed the project considered it a huge success.

2016 52

2016 Monitoring Risk Management Healthcare 52

MPUG

JUNE 27, 2022

Examples of re-writing history would be: In USA, if slavery was left out of US history books used in schools. With these extreme examples in mind, I think we can all agree that it is not best practice in any way to re-write history for the purpose of wiping out past sins. It is a clear sign of an immature project management culture.

Governance 52

Governance Government Estimate Performance Measurement 52

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.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

Herding Cats

FEBRUARY 4, 2017

- 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? Here are some examples of Planned variances and managing of the actual variances to make sure the project stays on plan.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

Herding Cats

JANUARY 22, 2017

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. .

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Epicflow Blog

OCTOBER 16, 2023

they have been working on it already for more than 10 years, and they are not close to what we have achieved.’ The cascading impact can be particularly detrimental to delivery performance, disrupting schedules and damaging reputation. But the professionals who executed the project considered it a huge success.

2016 52

2016 Monitoring Risk Management Healthcare 52

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. This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM). There can be cost and schedule performance measures as well.

Technical Review 28

Technical Review Software Review Underperforming Technical Team Risk Management 28

Project Pulse Journal

MARCH 7, 2024

For example, customer satisfaction is one measurement that a project and operation use to identify whether value is realized. Functions Associated with Projects A system for value delivery encompasses a range of knowledge areas associated with the project lifecycle, including initiating, planning, executing, and closing (PMBOK, 2017).

Governance 52

Governance Government Technical Review Sustainability 52

Leading Agile

JULY 3, 2023

But as an example, you know, I was at a customer and there you know, we ended up having a lot of requirements where we knew this was wrong, but we couldn’t change it because we’d have to go change the package. Does anyone have examples or thoughts on how career incentives can slow down your transformation?

Software Review 112

Software Review Fractional CTO Technical Review Agile 112

Herding Cats

JANUARY 17, 2017

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. .

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

APRIL 30, 2019

Without this approach, you only find out about the problems that will cause failure (for example Hertz and Accenture) after they have happened Risk Management is How Adults Manage Projects - Tim Lister. This is a foundational principle of program planning and controls just as it is a principle of closed-loop control systems.

Software Review 41

Software Review Technical Review Engineering 2018 41

Herding Cats

JULY 24, 2017

The paper on the Cone of Uncertainty is used by many in the No Estimates community as an example of why estimates are of little use. Don't toss out the notion that reducing risk and uncertanty and all other performance measures doesn't follow the plan. . Another example of Doing Stupid Things on Purpose.

2007 42

2007 2012 2006 2008 42

Herding Cats

FEBRUARY 9, 2018

If, for example, a project manager believes a member of his or her team is a fast and effective worker, each time that team member works fast and effectively or is told by a colleague about the work that has been done fast and effectively, the project manager will consider his or her belief to be well-founded. Weather as well as climate.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

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. For example for a recent paper abstract.

2010 28

2010 2007 Estimate Aerospace 28

MPUG

JUNE 1, 2022

The planning, the executing, the monitoring, controlling, and hopefully you’re getting it right and refining and improving until bam, closing. Now you’re looking at this and you’re like, now you’re squinting and looking very close at your monitor. For example, what is the cost of change and what happens?

PMI 59

PMI Software Review Estimate Risk Management 59

Herding Cats

NOVEMBER 5, 2018

The 2008 mortgage crisis for example (although many did an made lots of money), the government didn't. For any system to be ergodic it has to be closed, with no outside influences. For example, the sample mean converges to the true mean of the signal (the sampled values of some process), if you average long enough.

Software Review 34

Software Review Technical Review Estimate Software Developers 34

Herding Cats

NOVEMBER 14, 2018

Simulations should be run in environments that are as close to realistic as possible. Or it can be applied after the relative measures of value, for example, have been made. Once the testing of TRL 5 is complete, a technology may advance to TRL 6. A TRL 6 technology has a fully functional prototype or representational model.

Technical Review 47

Technical Review 2010 2014 Software Developers 47

MPUG

APRIL 29, 2021

So, it’s got my agenda so I’d be able to pre create this in advance of the meeting, it’s got follow-up items which I would populate during the meeting, and also, as we’re going through the meeting, I’m able to have something called, for example, a parking lot. At the moment, these templates are not configurable.

Technical Review 52

Technical Review Performance Measurement Software Review PMI 52

MPUG

APRIL 23, 2021

So, if you don’t have contingency reserves, then you can be 100% sure that those three tasks from my example, are not going to be finished in your one working day because something will always happen. You have… I will give you an example. Because it’s so close to a party date, this is urgent task. Now eaters.

Software Review 52

Software Review PMI 2011 Risk Management 52

Workamajig

JANUARY 11, 2021

Administrative Closure: A list of the requirements necessary to formally close the project. Final Account: The account that's responsible for finally closing a contract. For example, the cost of buying a computer remains the same, no matter if you use it for 20 hours or 1 hour. are all examples of organizational 'functions'.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Herding Cats

NOVEMBER 29, 2017

For example, the Government might want to define contractually how level-of-effort tasks, such as configuration management or program control supporting the overall program, will be accomplished. For example, a subcontractor IMP may have a separate field that reflects the next higher IMP item. Inadequate cross-referencing.

Planning 42

Planning Software Review Governance Government 42