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.

Performance Measurement 59

Performance Measurement Underperforming Technical Team Software Engineering Engineering 59

The Strategic Project Manager

MARCH 14, 2024

It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy. Risk Management – Project managers can leverage value innovation principles to inform risk management strategies.

Innovation 52

Innovation Sustainability Performance Measurement Risk Management 52

ProjectManager.com

SEPTEMBER 4, 2019

That’s what PMIS comes in, which is an acronym for project management information system. A project management information system (PMIS) is how information needed to run a project is organized. What these programs do is help project managers to plan, execute and close their project. What Is PMIS?

Software Review 214

Software Review Project Life Cycle Closing Budget 214

Project Pulse Journal

MARCH 18, 2024

By: Hajime Estanislao, PMP, CSM Are you a Project Manager struggling to align your project objectives efforts with your organizational objectives? In this article, we will dive deep into organizational and project governance and systems in project management. Ready to take your project management efforts to the next level?

Governance 52

Governance Government Risk Management 2015 52

Herding Cats

MARCH 17, 2019

Business, Technical, Systems, Risk, and Project Management. Managment Processes. Nine Best Practices of Project Management , Software Program Managers Network (SPMN). Top Habits of Successful Project Managers. Open Loop / Closed Loop Project Controls. Ten Rules for Common Sense Program Management.

2003 54

2003 2011 2008 Performance Measurement 54

Project Pulse Journal

MARCH 7, 2024

What is A System for Value Delivery in Project Management Hajime Estanislao, PMP, CSM Are you a project manager looking to improve your project management skills and help your organization grow? Take the next step towards mastering the value delivery system and project management. What is a System for Value Delivery?

Governance 52

Governance Government Technical Review Sustainability 52

ProProfs Project Management

MARCH 18, 2020

Project Management is the art of coordinating resources and directing working groups to execute components of work so that each group delivers components that can be tied together into a wholesome deliverable (contracted scope of work) within schedule and budget. — Project Management Institute. Initiating.

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

Entry

SEPTEMBER 1, 2017

Managing your first project can be daunting. To simplify things, here are five steps critical to the successful management of a project: Step 1: Initiate the Project by Defining the Scope. The project plan should contain performance measures and any process changes that need to take place and who and what will these changes impact.

Software Review 150

Software Review Infrastructure Performance Measurement Initiating 150

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. What is the value at risk you are willing to right off if you lose control?

Closing 28

Closing Estimate Controlling Process 28

ProProfs Project Management

JANUARY 21, 2020

Project managers , who have just begun working on a project, may find it really stressful and time-consuming to manage multiple tasks, especially if they don’t know the basics. . Imagine you get a promotion as a project manager and are now solely responsible for various management tasks. Common Project Management Terms.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

Herding Cats

OCTOBER 12, 2018

Systems engineering is an interdisciplinary field of engineering and engineering management that focuses on how to design and manage complex systems over their life cycles. Systems engineering has its roots in the fundamentals, principles, and models of foundational systems sciences, and associated management and engineering sciences.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

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. Uncertainty creates Risk. Risk management requires active reduction of risk. Closed Loop Control, has a goal, an action, a measurement, and a corrective action.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

NOVEMBER 19, 2018

Here's the three questions, and the framework for the answers in the project management domain. 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.

2010 39

2010 Governance Government Performance Measurement 39

International Institute for Learning

OCTOBER 4, 2022

All companies desire to remain competitive and continuously improve their project management performance by becoming more efficient and more effective in the execution of their project management processes. The internal organizational units can also be responsible for evaluating external literature related to project management.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

Herding Cats

DECEMBER 4, 2017

Project Controls are Management Actions, either preplanned to achieve the desired result, or taken as a corrective measure prompted by the monitoring process. Project controls are concerned with the metrics of the project – quantities, time, cost, and other resources and their measurable beneficial outcomes for the project.

2005 37

2005 Performance Measurement Closing Controlling 37

Herding Cats

MARCH 5, 2017

Do those capabilities meet the Measures of Effectiveness needed to accomplish the mission of the system in operational units of success closely related to the achievements of the mission or operational objectives evaluated in the operational environment, under a specific set of conditions? Close Loop Thinking.

Software Review 28

Software Review Technical Review Performance Measurement Estimate 28

Wrike

JUNE 11, 2023

Furthermore, effectiveness is closely linked to innovation. Quality vs Quantity: Another Perspective Effectiveness is closely related to the quality of outcomes, as it emphasizes achieving objectives with a high level of quality and meeting customer expectations. Note: This article was created with the assistance of an AI engine.

Software Review 36

Software Review Technical Review Innovation Performance Measurement 36

Herding Cats

FEBRUARY 4, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Prentice-Hall, 1981. So the question is? -

Technical Review 28

Technical Review Estimate 2005 Software Review 28

Herding Cats

JANUARY 22, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Prentice-Hall, 1981. So the question is? -

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

JANUARY 14, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates or any other project attribute (in this post, cost, schedule, and technical performance parameters). Aleatory and Epistemic uncertainties, which create risk to the success of the project. Prentice-Hall, 1981. So the question is? -

Technical Review 28

Technical Review Software Review Underperforming Technical Team Risk Management 28

Herding Cats

JANUARY 17, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Prentice-Hall, 1981. So the question is? -

Technical Review 28

Technical Review 2005 Estimate Software Review 28

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. Along with these attributes are …ilities , sometimes are called non-functional requirements.

Performance Measurement 39

Performance Measurement Estimate Risk Defining 39

Herding Cats

AUGUST 14, 2016

In the Systems Engineering world where we work, there are four critical units of measure for all we done. Measures of Effectiveness - these 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.

Performance Measurement 49

Performance Measurement Engineering Lean Software Developers 49

Herding Cats

NOVEMBER 14, 2018

Brown and his book The Handbooks of Program Management: How to Facilitate Project Success with Optimal Program Management and my review of the same book. AHP can be used as a Value Management System to organize the criteria and assess trades off costs and benefits in considering total value. References . [1]

Technical Review 47

Technical Review 2010 2014 Software Developers 47

Herding Cats

MARCH 4, 2017

Let's say you're the project or program manager of a large complex system. We cannot escape these two uncertainties - reducible and irreducible - and must learn how to manage in the presence of these uncertainties. Is each of these measures being met for the planned cost at the planned time? . Abstracted from [3].

2010 28

2010 2007 Estimate Aerospace 28

Herding Cats

APRIL 4, 2019

In a recent exchange in social media, it was clear the notion of risk and the sources of risk, the consequences or risks and managing in the presence of risk was in very unclear, when it was conjectured , we can simply slice the work into small bits and REDUCE risk. . It just closed the loop faster.

Risk Management 43

Risk Management Risk 2003 2011 43

Herding Cats

JULY 24, 2017

Traditional project management approaches, several of which are based on a strong belief in the cone of uncertainty, advocate stronger project control and greater planning. In that case, the competitor will win nearly every time, and the prize for “good” project management might be losing market share. If not, that's another issue.

2007 42

2007 2012 2006 2008 42

Herding Cats

FEBRUARY 9, 2018

Here's an extract from "Chapter 8: Human Behavior and Complexity," Terry Cooke-Davies, in Aspects of Complexity: Managing Projects in a Complex World. This is a cautionary tale for those listening to the #NoEstimates advocates, where anecdotes of bad management are used in an attempt to replace established principles of business management.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

Herding Cats

AUGUST 19, 2016

Is this macroeconomic model a correct operational model for software development processes - measuring changes the target ? Setting targets and measuring performance against that target is the basis of all closed loop control systems used to manage projects. No measures of effectiveness. Doing the Math.

Performance Measurement 28

Performance Measurement Estimate Software Developers Software Development 28

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.

Estimate 81

Estimate Closing Controlling Defining 81

Herding Cats

APRIL 16, 2019

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Technical Performance Measures (#TPM). Earned Value Management (#EVM).

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Workamajig

JANUARY 11, 2021

Project management terminology can be complicated. It doesn’t matter whether you’re working towards your PMP certification or simply managing projects casually in your organization, knowing core project management terms always helps. All Project Management Terms. All work is divided into short bursts called "sprints".

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Epicflow Blog

OCTOBER 8, 2019

If you’re engaged in project management or your occupation is somehow related to it, you should have an eye for project management terms. We’ve compiled a glossary of essential and the most frequently used project management terms that can be a good assistant for you in your work. . Activity Attributes . Activity List .

Software Review 45

Software Review Project Life Cycle Estimate Technical Review 45

Herding Cats

APRIL 30, 2019

Root Cause Analysis is Risk Management, that asks the question what is the condition or activity that will create a risk to the success of our project? With this information, the management of the project installs corrective or preventive actions to remove or reduce as much as possible those conditions and activities.

Software Review 41

Software Review Technical Review Engineering 2018 41

Epicflow Blog

OCTOBER 8, 2019

If you’re engaged in project management or your occupation is somehow related to it, you should have an eye for project management terms. We’ve compiled a glossary of essential and the most frequently used project management terms that can be a good assistant for you in your work. . Activity Attributes . Activity List .

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

Epicflow Blog

OCTOBER 16, 2023

He earned his PhD in resource management, underlining his expertise. Albert is the co-founder of Epicflow, an AI-driven multi-project management system. Management clearly did not think this was ‘common and expected’ uncertainty; they would have tolerated it for maybe two years. Carrying an Umbrella (Risk Buffer).

2016 52

2016 Monitoring Risk Management Healthcare 52

Herding Cats

JANUARY 23, 2018

The goal of every program manager is to have a set of practices that connect all the programmatic planning, risk, and performance information in a single unified view needed to support the decisions that increase the probability of success of any project or program. Cost is measured in dollars and schedule is measured in time.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44