Sun.Oct 20, 2019

article thumbnail

Need help with Monte Carlo analysis?

Musings on Project Management

For many years, I've preached the benefits of the Monte Carlo simulation (MCS). For many reasons, it's superior to other analysis paradigms. In network analysis, for instance, it handles the parallel join or 'gate' as no other method will. In fact, it's this very capability that renders the Monte Carlo superior to other risk adjusted ideas, like the PERT method in scheduling.

Risk 150
article thumbnail

Horror movie lessons for managing project issues

Kiron Bondale

My formative years were the 1980’s which were the heyday for slasher film series such as Friday the 13th and A Nightmare on Elm Street. With Halloween rapidly approaching I felt it might be timely to draw three parallels between the villains of horror movies and dealing with project problems. Never say “ It won’t happen to me !” A common method of identifying which characters in a horror film are likely to be eliminated early is to look for the most arrogant or overly opt

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Agile vs Waterfall: Which one is Right for Your Project?

Online PM Courses

Agile vs Waterfall. It's one of those classic line-ups, and we can't resist pitting two seemingly opposite contenders against one another. The post Agile vs Waterfall: Which one is Right for Your Project? appeared first on OnlinePMCourses.

Agile 74
article thumbnail

Keeping Cool in Heated Conditions

MPUG

Fall is upon us with its crisp autumn air. That does not mean that things can’t heat up in the workplace though. All it takes is a little work stress or a misplaced word, to cause heated conditions. With those fiery conditions come heightened emotions, causing reactions instead of responses to the people around us and the events unfolding. When you are frustrated or upset, it can seem like your internal thermostat is set to eighty degrees.

Lean 76
article thumbnail

Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

Understanding digital debt is crucial before digital transformation. Assemble a team to assess internal operations, market pressures, and digital debt's impact. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis. Develop a roadmap for transformation with defined projects, cost estimates, and governance.

article thumbnail

Liberating Structures for Scrum (5): Strategy w/ Critical Uncertainties

Scrum.org

TL; DR: The Liberating Structures Strategy Meetup. During this Liberating Structures strategy for Scrum meetup we addressed dealing with uncertainty — a particularly useful skill in highly competitive markets. Learn more about how to train and grow the resilience of your team when dealing with the unexpected. Liberating Structures for Scrum. Created by Keith McCandless and Henri Lipmanowicz, Liberating Structures cover a set of easy to learn, yet powerful ways to collaborate as a team—even as

SCRUM 87