ProjectManager.com

JULY 5, 2022

This is a tool used more often by public entities such as local governments for major public expenditures. It can be used for related planning, engineering, design, appraisal or feasibility study costs. A financing plan will have to be created, estimating the overall cost of each project. Evaluation and Selection.

Planning 329

Planning Finance Underperforming Technical Team Software Review 329

ProjectManager.com

MAY 30, 2023

We’ll go further, explaining how to estimate general condition costs and how general conditions compare to construction specifications and general requirements. Regarding specifications, general conditions are the information regarding the project administration roles, responsibilities and processes.

Construction 260

Construction Infrastructure Estimate Defining 260

ProjectManager.com

AUGUST 16, 2023

Contractor management is a process to manage the contractors and make sure they’re doing what they need to do, when they need to do it and meeting quality standards. Contractor management is a process used in projects where some or many of the workers are employed by contract as opposed to those who are salaried employees of a company.

Construction 324

Construction Governance Government Defining 324

The Lazy Project Manager

FEBRUARY 18, 2020

How would you categorize construction, architecture and engineering companies? If you think about it, the construction, architecture and engineering part of it is just about the type of projects they do. In traditional industries, processes and data are standardized no matter who is doing the work.

Retail 344

Retail Manufacturing 2002 Construction 344

ProjectManager.com

JANUARY 27, 2022

When it comes to budgeting, hard costs are easier to estimate. As you can imagine, these intangible costs will prove far more difficult for you to estimate as you build a budget for your project. It doesn’t mean these soft costs are impossible to estimate and track—but they are definitely moving targets.

Construction 315

Construction Certification Software Review Project Life Cycle 315

Herding Cats

APRIL 2, 2017

For non-trivial problems in any domain, Systems Engineering provides a starting framework for identifying problems, assessing possible solutions, implementing those solutions, measuring the performance of the efforts to deliver the solutions and the effectiveness of those solutions. Related articles.

Engineering 34

Engineering Governance Government Manufacturing 34

Wrike

JULY 29, 2020

Knowing how to estimate project duration can help teams become more efficient and improve on-time and on-budget delivery. . When it comes to project management time estimation, there are a couple of likely scenarios. Read on to learn how to achieve realistic project duration estimates for your future projects. .

Estimate 41

Estimate Governance Government Initiating 41

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. process, policy, practices, perceptions, etc.) 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? Then on to the original conjecture for No Estimates from Paul's post. That is, to make decision with “No estimates”.

Estimate 34

Estimate Governance Government Risk Management 34

Herding Cats

MAY 11, 2017

I started my career as a Software Engineer , writing Fortran 77 signal processing algorithms to find and track missile launchers in the middle eastern desert. This skill was an extension of the signal processing work I did as a grad student looking for information in the data stream of a particle accelerator. Good question.

Software Developers 39

Software Developers Software Development Engineering Software 39

Herding Cats

NOVEMBER 27, 2016

An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future.

Estimate 36

Estimate 2015 2017 Governance 36

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

Productivity Land

MARCH 21, 2023

It is estimated that the data science market in the US will reach $116 billion by 2027 from an estimated $31 billion in 2019. With the help of tutorials and online courses, you can easily learn these programming languages so you can use them to analyze and process data. This shows a compound annual growth rate (CAGR) of 14.7%.

Artificial Inteligence 67

Artificial Inteligence 2027 2019 Certification 67

Herding Cats

MARCH 17, 2019

Managment Processes. Project Governance. Making the Impossible Possible: Applying Heliotropic Abundance for creating Program and Project Management Processes. Agile Software Development for Government Software Intensive System of Systems (SISoS) , Boulder Agile Meetup, 27 July 2016. Presentations and Briefings.

2003 54

2003 2011 2008 Performance Measurement 54

nTask

MAY 5, 2021

Cost benefit analysis is also known as benefit cost analysis or CBA for short is a business process to help evaluate decisions. This analysis is a process that allows you to more easily analyze decisions , projects, or systems. Usually, costs are easy to estimate and quantify. You can also determine the value for intangibles.

Risk Management 136

Risk Management Estimate Risk Finance 136

Herding Cats

OCTOBER 12, 2018

This view of the system of producing value in exchange for money ignores the principles of systems engineering. . 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. The Measures of Performance are.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

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

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. Step 3: Be able to analyze the business and project management processes of other companies/organizations.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

ProjectManager.com

JULY 2, 2019

According to NASA, there were an estimated 400,000 people involved in making the moon landing possible. This included teams of scientists, engineers and technicians, many who had not worked in aerospace before. It’s library of the internet, a collaborative engine of knowledge that is constantly evolving. Teamwork is inspiring!

Software Review 218

Software Review Aerospace Logistics Engineering 218

MPUG

APRIL 2, 2024

government began using it to manage complex defense projects. In order to deliver successful projects, one needs to implement various processes and follow best practices. Project Scope Management: This knowledge area focuses on the processes and activities required to define and control the scope of a project.

Certification 52

Certification PMI Logistics Construction 52

Herding Cats

APRIL 14, 2018

Software engineering economics is a topic that addresses the elements of software project costs estimation and analysis and project benefit-cost ratio analysis. This randomness comes from the underlying uncertainties (Epistemic and Aleatory) in the processes found in the development of the software.

Process 45

Process Estimate Software Developers Software Development 45

ProjectManager.com

AUGUST 29, 2023

Agile A methodology for project and product management, typically used to deliver software projects in an iterative way with short bursts of work called “sprints” Though initially designed as a process for IT and engineering projects, it has since been successfully applied to other industries like marketing.

Software Review 393

Software Review Underperforming Technical Team Lean Event Chain 393

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. And to make those risk-informed decisions in the presence of reducible and irreducible uncertainty we need to ESTIMATE. Cost Impacts.

Aerospace 37

Aerospace Estimate Governance Government 37

Herding Cats

MAY 19, 2017

It is popular to claim we've never done this before, so how can we possibly estimate the cost and schedule. In that world, we still made estimates of the cost to design, build, and operate the experiment. In that world, we still made estimates of the cost to design, build, and operate the experiment. Process Fusion.

Estimate 36

Estimate Governance Government Software Engineering 36

Wrike

JUNE 11, 2023

These frameworks involve the use of statistical techniques, probability theory, and mathematical formulas to estimate the likelihood and impact of risks, calculate expected values, and determine risk exposure. It provides a set of control objectives, best practices, and management guidelines for effective risk management and IT governance.

Risk Management 36

Risk Management Risk Underperforming Technical Team Technical Review 36

MPUG

APRIL 15, 2022

Melanie: Jeff is currently the Lead Course Developer for Edwards Performance Solutions, as such he oversees the production and maintenance of courses on project management, systems engineering, software development, business process improvement, and cybersecurity. 49 processes that you could follow. Here’s what comes next.

PMI 59

PMI Artificial Inteligence Governance Government 59

Herding Cats

OCTOBER 5, 2018

The primary purpose of software estimation is not to predict a project’s outcome; it is to determine whether a project’s targets are realistic enough to allow the project to be controlled to meet them ? The difficulty of accurate size estimation is compounded especially at the time of inception when very little information is available.

2012 48

2012 2007 2011 2010 48

Planview

JULY 9, 2019

A project-based funding structure creates a slower, more complicated budgeting process that requires estimates, plans, and details far before they are able to be accurate. Progress is measured based on compliance to plan, instead of actual business outcomes or customer satisfaction. Drive Operational Excellence.

Lean 74

Lean Agile PMO Engineering 74

Herding Cats

FEBRUARY 3, 2018

Project baseline, budget estimates accuracy, schedule and project phasing, effective project performance (reviews) and measurement - 8.96%. Mature, effective project management change control process; effective deviations handling & configuration control 1.64%. Why Guessing is not Estimating and Estimating is not Guessing.

Logistics 47

Logistics Technical Review Manufacturing Sustainability 47

Herding Cats

JUNE 15, 2016

Here's the IT budget for the Federal Government. Estimating and Making Decisions in Presence of Uncertainty. Estimating and Making Decisions in Presence of Uncertainty. Intentional Disregard for Good Engineering Practices? This is not the embedded systems. These are business systems. Related articles.

Software Developers 28

Software Developers Software Development Process Software 28

Herding Cats

MARCH 11, 2017

What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. There is naturally occurring variability from uncontrolled processes.

2003 46

2003 2014 2015 2011 46

Project Accelerator News

AUGUST 18, 2023

Despite the slow economy and provisional estimates which suggested lower mergers and acquisitions (M&A) activity at the start of 2023, there were 365 mergers and acquisitions involving UK Companies during Quarter 1 (Jan to Mar) 2023 according to the Office of National Statistics. You should be given a cape! It’s surely a no-brainer!

2023 52

2023 Software Review Infrastructure Consulting 52

Herding Cats

NOVEMBER 19, 2018

And finally, since all project work operates in the presence of uncertainty, we must make estimates in order to execute the project in a Closed Loop manner. These questions and the principles, processes, and practices to support them are Governance of the project. Resources . Risk-Informed Decision Making , NASA/SP-2010-576.

2010 39

2010 Governance Government Performance Measurement 39

Leading Agile

MAY 3, 2023

And so if you show up and like you say, “Hey, I want to adopt Agile,” but you know, you’re not familiar with the strategies or Agile governance strategies or such, right? Are we doing story point estimating or are we using planning poker? ” There are a bunch of different things, right? Is there a product owner?

Agile 62

Agile Technical Review Governance Government 62

Herding Cats

MAY 23, 2016

The on-going discussions that Decisions can be made in the absence of estimates reminds me of this concept. . So the decision to estimate or not estimate rarely belongs to the developers spending the business's money. Intentional Disregard for Good Engineering Practices? How to Estimate Any Software Problem.

Finance 31

Finance Governance Government Estimate 31

Herding Cats

DECEMBER 8, 2017

I work in a domain where the CoU is baked into the Integrated Program Performance Management (IPPM) processes flowed down from the buyer, in this case, the Federal Government. This can be the confidence in the estimate for any variable. IEEE Transactions on Engineering Management , 57 (4), pp. Newnes, Linda B.,

Performance Measurement 35

Performance Measurement Technical Review 2017 2008 35

Velociteach

SEPTEMBER 18, 2023

in sustainable development and environment, and he has over 25 years of experience in various areas of project management including government, finance, consulting, manufacturing, and education. Each side of the pyramid is 767 ft long, it’s as tall as a 40 story building, and it has an estimated 2.5 Well, it needs sort of an engine.”

Sustainability 98

Sustainability Underperforming Technical Team Construction Certification 98