Remove Engineering Remove Finance Remove Performance Measurement Remove Software Development
article thumbnail

The Functions of a Project Management Office

Project Pulse Journal

Here are three common types of PMOs from across various sectors: Supportive PMO Industry Application - A supportive PMO is common in industries where projects require flexibility and autonomy, such as IT and software development enterprises. Function - A supportive PMO provides guidance, best practices, templates, and tools.

PMO 52
article thumbnail

Systems Engineering and Software Intensive System of Systems

Herding Cats

Finance, social, political. But in technical systems - engineered technical systems - the system has to work when commanded to do so. This is the domain of Systems Engineering, that many times is based on the principles of Ackoff and others like him. INCOSE Systems Engineering Handbook - membership needed.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. With these business principles of software development and projects in general, we can ask and answer five principles of project success. 5] "Decisions in software development projects management.

article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. With these business principles of software development and projects in general, we can ask and answer five principles of project success. 5] "Decisions in software development projects management.

article thumbnail

4 Fallacious Reasons to Estimate and Why Those Are Fallacious

Herding Cats

Although I understand measuring productivity could work well for repeatable activities, it's hard to believe it works well for abstract and, ultimately, non-repeatable tasks like software development. Thus, the common approach to "measure productivity" is to compare the estimates against what, in fact, happened.

article thumbnail

Start with Principles, Not Personal Anecdotes

Herding Cats

In the project domain, an estimate is a calculated approximation of some desired measurement. This is usually a cost, a completion date, a performance measure used in a closed loop control system to keep the project GREEN while delivering the needed Capabilities to produce the Value for the customer at the needed time for the needed cost.

article thumbnail

Complete Collection of Project Management Statistics 2015

Wrike

Engineering. Popularity by Industry: Finance – 87%. Implement/enhance performance measurement process – 39%. [13]. Finance – 93%. Benefits of High-Performing PMOs: 45% more projects aligned with business objectives. Average Salary of Senior-Level PM by Industry: . 147,600. . Aerospace/. 116,100. .

2015 60