Webinar Recap: Project Performance Measurement – Part 1: Overview Of Project Performance Measurements

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 1: Overview Of Project Performance Measurements, being provided by MPUG for the convenience of our members. Fletcher Hearns: What can be measured?

Phrases Used for Technical Performance Measures

Herding Cats

All project progress is measured independent of resources expended - Mr. Gary Bliss, Director Performance Assessment and Root Cause Analysis (PARCA), US Department of Defense. No matter the domain, the engineering development process, these concepts are applicable. Measuring progress must be in units meaningful to the decision maker. Objectively assessing accomplishments take place at the work performance level. Name – states the Technical Performance Measures.

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Webinar Recap: Project Performance Measurement – Part 2: What to Measure and How to Report

MPUG

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. This one covering, What to Measure and How to Report.

Connecting "What" with "How" - and the Failure to Understand the Principles of Systems Engineering and Systems Management

Herding Cats

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. At its core, systems engineering utilizes systems thinking principles to organize this body of knowledge. The elements of Systems Engineering are shown below.

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Governance. Integrated Master Plan: The Foundation of Program Success , College of Performance Management, May 21, 2014. The Nine "I's" of Program Success ," College of Performance Management. Forming, Storming, Norming, Performing, and Adjourning. Project Performance Management. Connecting the 5 Principles and 5 Practices of Performance-Based Project Management ® To Increase the Probability of Project Success. Technical Performance Measures.

2008 45

Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Governance (#Governance). The overarching theme is focused on defining what Done looks like, assessing progress toward Done in units of measure meaningful to the decision makers. Those units always start with Measures of Effectiveness and Measures of Performance. Governance.

2015 37

Biases in Project Management and How to Remove Them

Herding Cats

What dos Done look like in units of measure meaningful to the decision makers? What are the measures of physical percent complete needed to inform the decision makers of progress to plan in order to take corrective or preventive actions to stay on plan? Software engineering economics is about making decisions related to software engineering in a business context. 6] "Chapter 12: Software Engineering Economics," Software Engineering Body of Knowledge , .

4 Fallacious Reasons to Estimate and Why Those Are Fallacious

Herding Cats

I need an estimate because… I need to measure productivity. 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. The audit, surveillance, performance reporting, measurement are at the core of all business processes.

Increasing the Probability of Program Success

Herding Cats

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. The origins of this paper came about at a recent JSCC meeting here in Boulder, with local Aerospace contractors, the DCMA (Defense Contract Management Agency) and several government agencies (NRO and NASA). Top Four Sources of Unfavorable Program Performance.

INVEST, Scrum and Enterprise IT

Herding Cats

This always takes us back the coupling and cohesion discussion all of us who were Software Engineers in the 1980's . Cohesion is the measure of how well module fits together. The component may be performing more than one function. Informational cohesion: performs a number of functions, each with its own entry point, with independent code for each function, all performed on the same data structure. The term INVEST is an acronym for good User Stories.

2018 31

Biases in Project Management and How to Remove Them

Herding Cats

What dos Done look like in units of measure meaningful to the decision makers? What are the measures of physical percent complete needed to inform the decision makers of progress to plan in order to take corrective or preventive actions to stay on plan? Software engineering economics is about making decisions related to software engineering in a business context. 6] "Chapter 12: Software Engineering Economics," Software Engineering Body of Knowledge , .

Misinterpretations of the Cone of Uncertainty

Herding Cats

The Cone of Uncertainty as a Technical Performance Measure. Active reduction requires we have a desired reduction goal, perform the work, and measure progress toward the rduction goal. Management of this reduction work and measurement of the progress is a Close Loop Control System paradigm. Closed Loop Control, has a goal, an action, a measurement, and a corrective action. The Cone of Uncertainty as a Technical Performance Measure.

2017 32

Fallacy of the Day

Herding Cats

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. In the Project Controls paradigm, Value is a measurable attribute of the project controls process - a Closed Loop Control measure.

2017 34

Five Immutable Principles of Project Success

Herding Cats

No matter the engineering processes used to produce the outcomes from the project. Without these measures, Done will usually mean . Without these measures, Done will usually mean we ran out of time and money. . The test of the hypothesis for projects are the Measures of Effectiveness, Measures of Performance, Key Performance Parameters, and techTechnicalformance Measures used to assess progress to plan for the project.

2017 35

INVEST, Scrum and Enterprise IT

Herding Cats

This always takes us back the coupling and cohesion discussion all of us who were Software Engineers in the 1980's . Cohesion is the measure of how well module fits together. The component may be performing more than one function. Informational cohesion: performs a number of functions, each with its own entry point, with independent code for each function, all performed on the same data structure. The term INVEST is an acronym for good User Stories.

Integrated Master Plan - Revisited

Herding Cats

Transparent – Comprehensible display of what needs to be done and how completion is measured. It is essential that the IMP represent the work that must be performed. If the IMP is being prepared as part of a proposal, then the Request for Proposal (RFP) and RFP attachments will be the primary documents to define the work to be performed. The IMP shows the Accomplishments and the measures of Accomplishments that are essential to get through a design review.

Cone of Uncertainty Bibliography

Herding Cats

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. The CoU paradigm defines the needed reduction in uncertainty is some performance metric. It can be the needed performance of a measure - Effectiveness, Performance, Key Performance Parameter, or a Technical Performance Measures.

2017 32

Physical Percent Complete: Knowing When You Are Done

Herding Cats

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. There are cost people, scheduling people, risk people, EVM people, engineers, testers, and others on any program. Cost is measured in dollars and schedule is measured in time.

2018 38

3 Questions That Must Be Asked at Every Project Management Meeting

Herding Cats

In the ConOps are measures of Effectiveness for the components of the project that implement the Capabilities . 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. These measures are supported by Quantifiable Backup Data. Progress Means Measuring Physical Percent Complete.

2018 35

What's Missing from the Agile Software Development Paradigm

Herding Cats

The customer is accountable for knowing what Done Looks Like (in Unity of measure meaningful to their domain). Systems Engineering. Systems engineering is a methodical, multi-disciplinary approach for design, realization, technical management, operations, and retirement of a system. The results include system-level qualities, properties, characteristics, functions, behavior, and performance. Systems Engineering looks at the big picture to make technical decisions.

Cone of Uncertainty - Part Cinq

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. 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). Estimates of cost, schedule, technical performance on the left side of the cone have a lower probability of being precise and accurate than estimates on the right side of the cone. The processes is an engineering discipline.

2017 33

Software Intensive System of Systems

Herding Cats

If a system of systems is disassembled into the component systems, these component systems are capable of independently performing useful operations independently of one another. The system of systems performs functions and carries out purposes that do not reside in any component system. The principal purposes of supporting the engineering of these systems are fulfilled by these emergent behaviors. Cost, Schedule, and these measures are tightly interconnected.

2001 30

Software Intensive System of Systems

Herding Cats

If a system of systems is disassembled into the component systems, these component systems are capable of independently performing useful operations independently of one another. The system of systems performs functions and carries out purposes that do not reside in any component system. The principal purposes of supporting the engineering of these systems are fulfilled by these emergent behaviors. Cost, Schedule, and these measures are tightly interconnected.

2001 28

Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. 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). Estimates of cost, schedule, technical performance on the left side of the cone have a lower probability of being precise and accurate than estimates on the right side of the cone. The processes is an engineering discipline.

2017 30

Cone of Uncertainty - Part Deux

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. 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). Estimates of cost, schedule, technical performance on the left side of the cone have a lower probability of being precise and accurate than estimates on the right side of the cone. The processes is an engineering discipline.

2017 30

Cone of Uncertainty - Part Trois

Herding Cats

Barry Boehm's work in “Software Engineering Economics”. 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). Estimates of cost, schedule, technical performance on the left side of the cone have a lower probability of being precise and accurate than estimates on the right side of the cone. The processes is an engineering discipline.

2017 28

Is Macroeconomics and Social Science the Same as Software Development?

Herding Cats

He was not a program manager of engineered to order software intensive system of systems. In our domain this is the Performance Measurement Baseline, which is a time-phased budget plan for accomplishing work against which contract performance is measured. NoEstimates Agile Economics Estimating GovernanceThere a popular notions in the agile development world that authors like Hayek and Taleb speak to how software development works.

2016 36

Misquotes of Deming

Herding Cats

It is wrong to suppose that if you can’t measure it, you can’t manage it – a costly myth. I spent the week speaking at the College of Performance Management conference where government and industry come together to work on the issues of cost, schedule, and technical performance management process improvement needed to increase the probability of program success. Technical Performance Measures. Software Engineering is a Verb.

2016 40

What is an Estimate? What is Estimating?

Herding Cats

There are several partitions of this information that are common in building the Performance Measurement Baseline (PMB). Association for the Advancement of Cost Engineering. Several other government estimating organizations. I work in a domain where estimates are made every single week. Estimate to Complete (ETC), Estimate at Completion (EAC), Estimated Completion Date (ECD) are the life blood of our software intensive system of systems programs.

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Throughout the software life cycle, there are many decision situations involving limited resources in which software engineering economics techniques provide useful assistance. Software engineering economics." IEEE Transactions of Software Engineering, 1 (1984): 4-21.

2007 32

The Complete Glossary of 614 Project Management Terms

Workamajig

Each 'activity' is the smallest unit of work that can be performed within the scope of the project. Actual Cost of Work Performed: The total cost of work performed during any given period of time. This is the schedule against which project progress is measured.

2021 78

Start with Principles, Not Personal Anecdotes

Herding Cats

We can estimate the total cost, total duration, and the probability that all the Features will be delivered on the program we are working for the US Government. In the project domain, an estimate is a calculated approximation of some desired measurement. 2] IEEE Transactions on Software Engineering , SXE-10, Janurary, 1981, pp.

2018 39

Why Johnny Can't Do The Math

Herding Cats

The 2008 mortgage crisis for example (although many did an made lots of money), the government didn't. In software development, those managing the project have some understanding the market forces (from their marketing departments), the technology (from their engineering department), and how to manage in the presence of Aleatory and Epistemic risk (the managers running a successful firm). The past performance drives future performance within the parameters of the processes.

Complete Collection of Project Management Statistics 2015

Wrike

80% of “high-performing” projects are led by a certified project manager. [4]. 89% of high-performing organizations value project management, 81% actively engage sponsors, 57% align projects with business strategy. [6]. More than 90% of organizations perform some type of project postmortem or closeout retrospective. [9]. How Project Success is Measured: 20% — Satisfied stakeholders. Government – Federal. Engineering. Government – City/State/Local.

2015 49