Online PM Courses

JULY 30, 2018

– 1 – Project Definition. Not surprisingly, a lot of your project problems start here with a poor definition of what your project is, and is not. Insufficient Clarity of Definition. Creating a Robust Project Definition. What is a Project Definition? What is Strategic Project Definition?

Governance 124

Governance Government Estimate Technical Review 124

Scrum.org

APRIL 17, 2023

Risk aversion : Organizations may be risk-averse and believe tighter controls will help minimize risks and prevent project failures. Compliance and governance : In some industries, organizations must adhere to strict regulatory and governance requirements.

ChatGPT 183

ChatGPT Technical Review 2023 SCRUM 183

Kiron Bondale

DECEMBER 11, 2016

One component of such standards is a set of operational definitions. Such definitions might constrain the degree of flexibility which a project team possesses but will support governance and oversight through increased consistency and predictability. Let’s consider a team’s degree of confidence in its estimates.

2011 168

2011 Risk Management Governance Government 168

The IIL Blog

OCTOBER 17, 2023

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. Project A project is something that has a definite start and end (i.e., Also known as continuous process improvement.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Herding Cats

NOVEMBER 22, 2017

Paul Boos has a post about estimating and makes a case for the Principles of when NOT to estimate. This struck a cord around a bigger topic - the inversion of estimating. When should we NOT estimate? Let’s start with the definition of a principle. That is, to make decision with “No estimates”.

Estimate 34

Estimate Governance Government Risk Management 34

Rebel’s Guide to PM

DECEMBER 17, 2022

The more nationalities on your project team, the greater the risk of challenges. Even bringing different organizations together can create a culture clash, for example, between informal workplaces and those that have strict project governance and processes. And the more awesome the team is likely to be. We do it all the time.

Influencer 468

Influencer Governance Government Consulting 468

Techno-PM

SEPTEMBER 26, 2022

As supply chain companies mature with budding scopes and complexity, supply chain risk management becomes inevitable in mitigating unexpected disruptions. What Is Supply Chain Risk Management? Supply chain risk management is a technique aimed at strategising, reassessing, and mitigating risks involved in the supply chain.

Risk Management 36

Risk Management Artificial Inteligence Risk Software Review 36

Planio

NOVEMBER 6, 2023

Identify tasks, estimate timings, and map a timeline Step 4. Consider your risks and put controls in place Step 6. Having a good understanding of your implementation plan helps manage other project areas, such as resource management, budgeting, and risk management. Risk approach. Project control. Tools and resources.

Planning 88

Planning Underperforming Technical Team Software Review Software Developers 88

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 Sustainability Technical Review 52

Leading Agile

SEPTEMBER 17, 2020

In a fixed-time, fixed-cost, fixed-scope environment, time and cost estimates are often wrong and the pressure to deliver and get things into market faster intensifies. This means you can’t get to a solid definition of done. New Paper Improving Quality Through Intentionally Built Agile Systems Get it Now.

Software Review 125

Software Review Agile Development Team Review Governance 125

Herding Cats

NOVEMBER 27, 2016

Here are the mathematical definitions. not the Wikipedia definition, not the self-made definitions used to support their conjectures. An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. Estimates can be about the past, present, or future.

Estimate 36

Estimate 2015 2017 Governance 36

Henny Portman

OCTOBER 18, 2020

It starts with a discussion about the need for realistic estimates and assumptions, and clear project plans for mitigating know risks to make the right decisions. The next part is about project optimism bias and its effect to inaccurately estimate time and cost requirements. The whitepaper is divided into four parts.

Estimate 82

Estimate Finance Governance Government 82

International Institute for Learning

NOVEMBER 22, 2022

Perhaps the most significant reason for the slow growth of many needed project management changes was due to senior management’s desire for standardization of governance and execution for the multitude of traditional projects managed for external clients. Pressure for speed to market without fully understanding the risks.

2001 77

2001 Governance Government 2009 77

Herding Cats

AUGUST 27, 2017

There's a recent post titled Four Fallacious Reasons to Estimate. It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. Let's look at each one in more detail.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Strategy Execution | PMO Perspectives

FEBRUARY 21, 2019

Risk management, for instance, has little value if all we do is log the risks and assign ownership and mitigating actions, without subsequently following up and taking these risks into consideration when planning, estimating and executing the project.

Underperforming Technical Team 46

Underperforming Technical Team Risk Management Risk Estimate 46

Epicflow Blog

SEPTEMBER 6, 2023

I have a shelf full of textbooks that can’t agree on a definition. But all the different definitions have something in common. My definition is simpler. Project data is the things you generally associate with projects: plans, resource usage and estimates, cost and actuals, progress information, risks, issues, and more.

Governance 52

Governance Government Executing Consulting 52

Herding Cats

MARCH 20, 2018

Estimating Software-Intensive Systems: Project, Products, and Processes , Richard D. Stutzke is a starting point for estimating software projects. I recommend it for anyone starting out in the estimating business all the way to seasoned veterans. First, let's look at some established definitions.

Estimate 31

Estimate Manufacturing Risk Management Budget 31

MPUG

APRIL 2, 2024

” This definition emphasizes the temporary and unique nature of a project, with a predetermined start and end date, as well as its focus on creating a specific outcome. The project manager will also need to manage assumptions and risks related to the project. government began using it to manage complex defense projects.

Certification 52

Certification PMI Logistics Construction 52

Planio

JANUARY 2, 2023

The essential elements of the CPM (+ definitions). Estimate your task durations. It can be a lot of work to plan out your critical path, but the result is often less risk and time wasted on non-value-adding tasks, and ultimately a greater chance of project success. The essential elements of the CPM (+ definitions).

Planning 78

Planning Estimate Web Development Defining 78

Epicflow Blog

JANUARY 14, 2021

Apart from risks, project management is full of uncertainties that can’t be predicted. The statistics show that project managers and teams definitely should take effective measures to ensure the success of their projects. Use work estimates instead of assessing the time that is going to be spent on tasks. Let’s figure out how.

Artificial Inteligence 98

Artificial Inteligence Underperforming Technical Team Software Review Project Life Cycle 98

International Institute for Learning

OCTOBER 4, 2022

Gap can also exist for performance improvement expectations such as: Reduction in risk by a certain percentage, cost, or time. Improvement in estimating accuracy by a certain percentage or dollar value. But we view the transitioning risk template as proprietary knowledge not to be shared.”. Step 5: Implementation of Changes.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

Herding Cats

MAY 8, 2016

ways to make decisions with No Estimates. can we make a decision in the presence of Uncertainty without making an estimate of the impact or outcome of that decision? What would be the evidence that we could make decisions in the presence of uncertanty without estimating the impacts and outcomes of those decisions? . Start here.

Estimate 28

Estimate Underperforming Technical Team Software Governance 28

The IIL Blog

MAY 22, 2018

In short, each had a definite beginning and an end. We do so because it’s a lot easier to estimate and control our work when we break it down into pieces, rather than trying to grapple with the whole thing at once. We might even use certain sophisticated tools to help us schedule our project, or analyze risk to avoid trouble.

Project Life Cycle 88

Project Life Cycle Manufacturing Governance Government 88

Productivity Land

MAY 18, 2023

Definition and Impact of Identity Theft Identity theft occurs when an imposter obtains key pieces of your personally identifiable information, such as Social Security or driver’s license numbers, to impersonate you. The most common type of identity theft in the past year was government documents and benefits fraud.

2021 79

2021 Technical Review 2020 2022 79

Epicflow Blog

DECEMBER 1, 2022

A project plan is based on a project charter, historical data and lessons learned, templates, and industry (or government) standards. . A work breakdown structure is a depiction of the whole project scope divided into components that can be estimated, scheduled, monitored, and controlled. A Risk Register: Forewarned is Forearmed .

Risk Management 52

Risk Management Risk Initiating Monitoring 52

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. requires making estimates) ? Risk Management Papers. “A

Risk Management 38

Risk Management Risk Technical Review 2004 38

Herding Cats

DECEMBER 5, 2017

We're working on a White Paper for the Joint Space Cost Council which is an organization composed of government (NRO, NASA, USAF, and others) and industry representatives with an interest in space. Our topic is Increasing the Probability of Program Success Thorugh Continuous Risk Management. . Risk-Adjusted Plans. Cost Impacts.

Aerospace 37

Aerospace Estimate Governance Government 37

Herding Cats

FEBRUARY 3, 2018

Clear project definition, requirements, goals, objectives, scope, and project mission; sound business case - 19.53%. Project baseline, budget estimates accuracy, schedule and project phasing, effective project performance (reviews) and measurement - 8.96%. IT Risk Management. Related articles.

Logistics 47

Logistics Technical Review Manufacturing Estimate 47

Project-Management.pm

APRIL 15, 2017

There are the basic ways to steer it to the right direction, but is there a definitive step to it? Measuring the budget allocation is the easier way to estimate the pipeline. The following resources must be carefully estimated so that they will be able to determine how many projects can fit in. Portfolio Governance Management.

Process 111

Process Estimate Executing Governance 111

Project-Management.pm

MARCH 25, 2017

Make your PMO a counter weapon against risks and threats. PMO Profitability Problem #2: The PMO is a progeny of one or multiple executives who prefer to set visibility through governance, but not looking forward to long-term change. There is no definitive or standardized PMO. Tackle the big issues.

PMO 87

PMO Estimate Risk Management Governance 87

ProProfs Project Management

MARCH 6, 2020

It is estimated that for every $1 billion invested in projects in the US, $122 million was wasted due to poor project performance. Now, talks of the project life cycle are not that simple and require more in-depth research and definitions. How important it is to see the Project Life Cycle with respect to financial records.

Project Life Cycle 101

Project Life Cycle Underperforming Technical Team Initiating Closing 101

Herding Cats

NOVEMBER 21, 2018

Since each of these elements operates in the presences of reducible (Epistemic) and irreducible (Aleatory) uncertainties, estimates are needed to make any credible decisions. . Software Project Cost Estimation . But no matter the source there are two primary root causes of project cost problems: Erroneous cost estimates.

Software Developers 60

Software Developers Software Development Software Finance 60

Herding Cats

MAY 11, 2019

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.

Risk Management 35

Risk Management Risk Technical Review 2002 35

MPUG

APRIL 15, 2022

Like for examples, infrastructure, organizational culture structure, governance, resource availability, marketplace conditions, et cetera. For the most part, maturity, when I say that level of maturity, it means how strict and standardized configuration management, data governance, documentation process is practiced within the organization.

PMI 59

PMI Artificial Inteligence Governance Government 59

Epicflow Blog

AUGUST 5, 2021

Thus, despite the fact that artificial intelligence has already become a part of our everyday lives, this field is still under development, which will definitely lead to profound changes in numerous spheres of human activity, in particular, human jobs and employment. . Jobs that are at high risk for being replaced by AI.

Artificial Inteligence 98

Artificial Inteligence 2025 Technical Review Software Review 98

ProjectManager.com

JANUARY 10, 2024

ProjectManager is award-winning project management software that estimates project costs and creates budgets to show the viability of the request. ProjectManager’s Gantt charts help you estimate costs and create budgets. Expected project benefits: Forecast the return on investment or estimated revenue expected.

Process 344

Process PMO Software Review Estimate 344

ProjectManager.com

DECEMBER 6, 2023

If you haven’t heard the term before, we’ll begin with a definition of strategic project management and explain how strategic projects differ from operational projects. One is a cost-estimate analysis, which determines if the investment is worth the beneficial outcome. Strategic project management understands this.

Planning 390

Planning PMO Manufacturing Logistics 390