The Three Things Every Project Manager Must Know about Project Governance

Ron Rosenhead

It covers the very important topic of project governance. Project Governance is often seen as getting in the Way. Good Governance Adds Value. But good governance is not about meddling. Project governance is an essential discipline. Good Governance Sets Direction.

Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Risks can then be more closely monitored by senior management and stakeholders trust the data. Growth is a good thing. Right?

Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Risks can then be more closely monitored by senior management and stakeholders trust the data. Growth is a good thing. Right?

The Origins of Scrum and Empirical Closed Loop Control

Herding Cats

This took me back since Scrum is derived from an empirical closed loop control system developed in the USAF by Col. And of course: Assessing the outcomes of the feedforward and feedback loops is the basis of all Closed Loop control system. See link below on Closed Loop Control).

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

For any closed loop control system ‒ let’s assume we want to manage our project with such a system ‒ has a signal representing the current state of the system. To control this process using feedback and corrective actions ‒ in the same way, your closed loop controller for your air conditioner or heater does - a sampling rate is determined based on the rate of change of the underlying processes. Managing software development projects is a Closed Loop control system.

Rogue Project Sponsor: What to Do when Sponsorship goes Bad

Online PM Courses

Show them how close to the bone you are in achieving your outcomes. Or maybe you’ll need to make the choices yourself, and take the governance risk on your own shoulders. In All Cases, Look to Your Governance Structure.

2018 194

APM Salary and Market Trends Survey 2017 – A Review

Arras People

Before closing I must address the elephant in the room. PM Governing Bodies / Organisations Project Management Benchmark Reports APM PMBR Salary Survey

2017 165

Why the Stage Gate Process will Make You a Better Project Manager

Online PM Courses

It is an important part of project governance that looks both backwards and forwards. Let’s set aside the very important governance imperative. But what if governance were unimportant to you… or your organization?

Men, Women & the PMP [Infographic]

Girl's Guide to PM

I’d like to read some more research before I confirm that the ‘gap is closing fast’ because the latest I heard – although I can’t put my finger on the stats right now – is that women still have a long way to go before equal pay for equal work becomes a reality.

2016 384

Increasing the Probability of Project Success

Herding Cats

and the connections between each Process are made to form a Closed Loop control systems needed to manage any project. Increasing the Probability of Project Success Simple in Theory, Complex in Practice.

Connecting "What" with "How" - and the Failure to Understand the Principles of Systems Engineering and Systems Management

Herding Cats

Measures of Effectiveness - are operational measures of success that are closely related to the achievements of the mission or operational objectives evaluated in the operational environment, under a specific set of conditions. It's been said by an agile voice that.

Two Parallel Processes of Project Success - Both Value and Delivery are Needed

Herding Cats

Making technical and management decisions in the presence of these uncertainties to Deliver the needed Value at the needed Time for the needed Cost , requires a Closed Loop Control process. There's a popular phrase in some parts of the agile community that goes like this.

Fallacy of the Day

Herding Cats

In the Project Controls paradigm, Value is a measurable attribute of the project controls process - a Closed Loop Control measure. Each of these measures participates in the Closed Loop Control Systems. This is the basis of Closed Loop Control. Closed Loop Control System.

The #NoEstimates Paradigm and Response

Herding Cats

When we hear a suggestion about a process that inverts the logic of normal business activities based on a governance framework - say Microeconomics of Software Development, we need to ask who benefits? Governance is about decision rights. Management is a closed loop process.

2016 65

From Mission Capabilities to Done

Herding Cats

These measures are: Measures of Effectiveness (MOE) – are the operational measures of success that are closely related to the achievements of the mission or operational objectives evaluated in the operational environment, under a specific set of conditions.

Good Reason to Have Lots of Bad Ideas

Herding Cats

The column starts with Pauling's principle of electroneutrality stating each atom in a stable substance has a charge close to zero. This approach provides for bad ideas to evolve into good ideas once the idea comes in contact with principles or business governance. Those who pay usually have some form of governance of their money. . Governance is About Decision Rights. Here's some more backgrund on Governance. NoEstimates Governance Principles

2016 36

Inspiring Women in Project Management: Amy Hamilton

Girl's Guide to PM

I currently perform IT Project Management for the US Government in Stuttgart, Germany. In my career I have served as an Army Officer on Active Duty, as a contractor in the IT field for the US Government and for the past ten years as a Government Civilian.

2017 339

Management Styles: Which One’s Right for You?

ProjectManager.com

The best way to choose a management style is to discover which method closely aligns with who you are as a leader, and then tweak it to fit the context of your working environment. There are many different management styles, and unfortunately, there is not a one-size-fits-all solution.

2018 219

Physical Percent Complete: Knowing When You Are Done

Herding Cats

Thus, the work package for preliminary design cannot be “closed” (closure conditions satisfied) until the document and the TPM conditions are met.

Cone of Uncertainty

Herding Cats

Definiing the planned and needed varaince levels at planned points in the project creates the basis of a closed loop control system to increase the probability of success. Estimating Governance Management Planning Risk Root Cause Analysis

#NoEstmates and the System of Profound Ignorance (SOPI)

Herding Cats

Lack of Appreciation for the System of business management - business management is a closed loop process to maximize the Value in exchange for the Cost. NoEstimates GovernanceDeming's approach to problem solving is based on The System of Profound Knowledge (SOPK). The anti-pattern to SOPK is The System of Profound Ignorance (SOPI). .

Concept of Operations

Herding Cats

Measures of Effectiveness - Operational measures of success that are closely related to the achievements of the mission or operational objectives evaluated in the operational environment, under a specific set of conditions.

Misinterpretations of the Cone of Uncertainty

Herding Cats

Closed Loop Stochastic Adaptive control in the presence of Evolving Uncertainty. Management of this reduction work and measurement of the progress is a Close Loop Control System paradigm. Closed Loop Control, has a goal, an action, a measurement, and a corrective action.

Economics of Software Development

Herding Cats

Managing in the presence of uncertainty requires a Closed Loop Control process. Without that target and the error bands on the target and the processes used to steer, Close Loop Control will be ineffective - constantly chasing a moving target , with understanding of what could result, versus what should result. . NoEstimates Economics Estimating Governance Mathematics Principles

The Trouble with Charts

Herding Cats

They look pretty close. NoEstimates Agile Estimating Governance Management Mathematics PrinciplesToday the Rally chart reappeared. This chart is from " The Impact of Agile Quantified.". This chart shows a performance index. But, a VERY critical caveat of the report is.

SCRUM 44

Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Accuracy - how close is the estimate to the actual value? Federal Government, in support of OMB Circular A-123.”. NoEstimates Debunking Decision Making Estimating Governance Mathematics Principles Risk Systems Theory

2003 53

Cone of Uncertainty - Part Cinq

Herding Cats

The planned value, the upper and lower control limits, the measures of actual values form a Close Loop Control System - a measurement based feedback process to improve the effectiveness and efficiency of the project management processes by [1].

2005 43

Cone of Uncertainty - Part Deux

Herding Cats

This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM). Defining the planned and needed varaince levels at planned points in the project is the basis of the closed loop control system needed increase the probability of success.

When projects go wrong and it's the worst possible moment

Susanne Madsen - Developing Project Leaders

But two days after its initial opening it was forced to close due to safety reasons. As a result of this oversight the bridge was closed to the public just two days after its initial opening.

Cone of Uncertainty - Part Trois

Herding Cats

The planned value, the upper and lower control limits, the measures of actual values form a Close Loop Control System - a measurement based feedback process to improve the effectiveness and efficiency of the project management processes by [1].

2005 36

Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

This is the basis of Closed Loop Project Control Estimates of the needed reduction of uncertanty, estimates of the possisble reduction of uncertainty, and estimates of the effectiveness of these reduction efforts are the basis of the Close Loop Project Control System.

2005 37

Contract Bidding: A Quick Guide

ProjectManager.com

Contracts can range from government work, which require a request for proposal (RFP), to long-term contract work as provider for a product or service to a larger conglomerate. As the bidding process comes to a close, know when the company is making their final decision.

2018 193

Program Manager Job Description – Plus! Cut & Paste Example

ProjectManager.com

These courses tend to be no longer than half-a-year in duration and teach how to define, measure and sustain a planned program, while covering topics like program governance, stakeholder engagement and strategies related to managing a program of projects.

2018 205

How to recruit an outstanding project manager (Part I)

Susanne Madsen - Developing Project Leaders

Instead she works closely with team members and is not afraid of getting her hands dirty.

Advice for Aspiring Project Management Consultants

ProjectManager.com

Sales: Know how to create solid proposals and close sales. Also, the sales, is really closing sales and doing any kinda proposals. And also, understanding compliance or government rules and regulations for your industry or what you do.

Lessons Learned - A suggested Process

Project Health Check

a) What mechanism can be used for verifying it, such as a specific project metric during a specific governance forum (b) exactly when the monitoring should take place, and then (c) the precise results of the monitoring activity.

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

The Portfolio Manager may also establish portfolio governance standards and procedures for approvals, reporting and other needs. You’d work closely with the product development team by laying out the roadmap and developing a plan, and then ensuring that the team stays on target.

2017 258

7 Ways to Sell Agile to Project Stakeholders

LiquidPlanner

For example, the United States federal government adopting Agile has meant a rise in job openings requiring Agile project management expertise. Bring it all together to close the Agile project management deal.

Agile 191

PMP Success Stories 2018 – Meet Simone

ExamsPM

I am a Health IT Quality Assurance Manager in the federal government subcontracting arena with 25 years experience, 20 in QA. I took the exam in two (2) different formats, the first time was the fifth edition in March (above target in Initiating and Closing, bombed all else); second was the sixth edition on August 9th (passed Planning and Initiating, but performed poorly; bombed all else) and for the third and last time September 5th.

2018 40

Project Manager Roles and Responsibilities: What does a PM Really Do?

Project Bliss

You’ll w ork closely with the team and those who’ll be doing the work. As the project manager, you may report to stakeholders, governance bodies, and anyone else who needs project information. Work closely with the customer and stakeholders. Closing the project.

2017 255

Project Cost Management – The Essential Things to Know and Do

Online PM Courses

But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. The governance considerations for project cost management. The PMI’s PMBOK is weak on governance throughout.

What is the Difference Between PRINCE2 Agile and APMG Agile Project Management?

Arras People

One reason for their similarity of definition is that Project Management is in some senses a fairly closed set of steps, roles, techniques and tools and so is Agile. So both PRINCE2-Agile and Agile PM have closely parallel syllabi structure as well as syllabi content.

Project Manager or Project Leader? What’s the Difference?

Online PM Courses

Relies on governance, hierarchies and controls. Other leadership roles include: Setting up a governance structure. Articles you might like include: What is Project Governance? What has Project Governance Ever Done for Us? Governance.

2018 101