Project Pulse Journal

MARCH 7, 2024

Discover the importance of organizational governance systems, delve into essential project-associated functions, learn how to navigate the project environment, and ensure you are communicating and building relationships with internal and external stakeholders.

Governance 52

Governance Government Technical Review Sustainability 52

Herding Cats

OCTOBER 1, 2016

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. For your Honeywell or Nest controller on the wall, that sample rate is measured in seconds. Managing software development projects is a Closed Loop control system.

Closing 28

Closing Estimate Controlling Process 28

Herding Cats

APRIL 16, 2019

Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Governance (#Governance). Managing Government Grant Projects at Arizona Public Service - APS management process for Department of Energy grant for algae CO2 capture project. Project Performance Management.

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

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

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

MPUG

JUNE 27, 2022

I myself found that at both a major bank and a major government department, project managers were re-baselining their projects every week, and when I asked why, their answers essentially were, “Just because we can.” Ellen clarified: “Do you re-baseline your entire project every week?” “Yes” Yes” was the emphatic answer.

Governance 52

Governance Government Estimate Performance Measurement 52

Herding Cats

NOVEMBER 19, 2018

The only answer to that is a measure of Physical Percent Complete (P%C). P%C starts with defining the Measures of Performance and Technical Performance Measures for each deliverable as a function of time. These measures are supported by Quantifiable Backup Data. What is your actual condition? .

2010 39

2010 Governance Government Performance Measurement 39

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

AUGUST 12, 2017

No matter the project domain or the technical development method, project success is dependent on knowing what Done looks like in units of measure meaningful to the decision maker. These measures are stated in units, meaningful to the buyer.

Performance Measurement 39

Performance Measurement Estimate Risk Defining 39

Herding Cats

JULY 17, 2017

There are several partitions of this information that are common in building the Performance Measurement Baseline (PMB). Several other government estimating organizations. A value that is close enough to the right answer, developed with some thought or calculation. International Cost Estimating and Analysis Association.

Estimate 34

Estimate Logistics Performance Measurement Governance 34

Herding Cats

APRIL 30, 2019

We play this role in ERP acquisitions for commercial and government clients . Past Performance is the 1st question - have you done this before and if so, were your efforts successful? This is a foundational principle of program planning and controls just as it is a principle of closed-loop control systems. Reducible risks.

Software Review 41

Software Review Technical Review Engineering 2018 41

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.’ Historical performance measured in Epicflow Conclusion While time buffers are valuable tools, their utility is severely compromised if capacity buffers are ignored. They said, ‘In the U.S.,

2016 52

2016 Monitoring Risk Management Healthcare 52

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

Herding Cats

NOVEMBER 29, 2017

Process Narratives may be used to facilitate contractor commitment to the use of crucial processes and procedures and provide the Government with an understanding of the proposed crucial processes and procedures prior to contract award. The contractor’s immediate customer may be a government organization or a prime contractor.

Planning 42

Planning Software Review Governance Government 42

Herding Cats

JANUARY 5, 2017

and the connections between each Process are made to form a Closed Loop control systems needed to manage any project. These charts are an extract from the book Performance-Based Project Management: Increasing the Probability of Project Success and the abstracted training materials Handbook. Let's start with the Principles.

Estimate 81

Estimate Closing Controlling Defining 81

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? This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM).

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. . Resources. [1]

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

JANUARY 14, 2017

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. To suggest otherwise is to invert the paradigm and removes any value from the post-facto observations of the projects performance.

Technical Review 28

Technical Review Software Review Underperforming Technical Team Risk Management 28

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. . Air Force. [4]

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

NOVEMBER 5, 2018

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.

Software Review 34

Software Review Technical Review Estimate Software Developers 34

Herding Cats

FEBRUARY 9, 2018

We can estimate the total cost, total duration, and the probability that all the Features will be delivered on the program we are working for the US Government. In the project domain, an estimate is a calculated approximation of some desired measurement. The Buff's won and are now the PAC-12 South Champs.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

MPUG

JUNE 1, 2022

Meaning to say creating value, organizational governance and systems, functions associated with projects, the project environment, and product management considerations all provide the context for how project management could be conducted. Measurement, man, they couldn’t say enough about measurement, right?

PMI 59

PMI Software Review Estimate Risk Management 59

Workamajig

JANUARY 11, 2021

Administrative Closure: A list of the requirements necessary to formally close the project. Audit: The process of analyzing a project to ensure that it is being governed as intended. cost of work performed - ACWP) and estimated cost at completion (ETC). A project sponsor can request an audit.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

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.’ Historical performance measured in Epicflow Conclusion While time buffers are valuable tools, their utility is severely compromised if capacity buffers are ignored. They said, ‘In the U.S.,

2016 52

2016 Monitoring Risk Management Healthcare 52