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?

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.

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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.

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

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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

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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. Building a Credible Performance Measurement Baseline.

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). 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. Project Performance Management.

2015 37

Principles, Processes, and Practices of Project Success

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What does Done look like in units of measure meaningful to the decision makers? What impediments will be encountered along the way to Done and what work must be performed to handle these impediments? What are the units of measures of progress to plan for each deliverable? With execution underway, managing the risks of the project becomes our focus beyond the engineering work. Principles are timeless. Practices and Process are Fads.

2017 44

Biases in Project Management and How to Remove Them

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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

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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.

Cone of Uncertainty Bibliography

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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

Integrated Master Plan - Revisited

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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.

INVEST, Scrum and Enterprise IT

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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

Cone of Uncertainty - Revisited

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We're writing two chapters in an upcoming Project Management Book, with a working title, The Gower Handbook of Project Performance for Agile, Waterfall and Everything in Between , edited by Mark Phillips. 504, Center for Systems and Software Engineering, University of Southern California, 2012. NoEstimates Debunking Estimating Management Mathematics Performance-Based Project Management® Planning Scheduling Technical Performance Measures

2012 28

Increasing the Probability of Program Success

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Top Four Sources of Unfavorable Program Performance. Unrealistic Performance Expectations. Impacts of Risk on Program Performance. System Engineering Processes. Be Clear About What the System is to Do in Units of Measure Meaningful to the Decision Makers. Capabilities Decision Making Estimating Governance Management Planning Principles Project Management Requirements Risk Root Cause Analysis Systems Theory Technical Performance Measures

Biases in Project Management and How to Remove Them

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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

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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

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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

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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.

Performance-Based Project Management®

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Successfully managing projects, not matter the domain, the size, the development or engineering method starts with a set of Principles, Practices, and Processes. Principles and Practices of Performance-Based Project Management® from Glen Alleman. Books Business Capabilities Decision Making Earned Value Economics Estimating Management Performance-Based Project Management® Planning Principles Project Management Root Cause Analysis Scheduling Technical Performance Measures

2017 32

Systems Engineering and Software Intensive System of Systems

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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. Systems Engineering: Coping with Complexity , Richard Stevens, Peter Brook, Ken Jackson, and Stuart Arnold. INCOSE Systems Engineering Handbook - membership needed. This is the professional society for Systems Engineers.

System of Systems and Capability Based Planning

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In the Systems Engineering and the System of Systems paradigm, there are three areas of considerations: A Capability refers to the ability to achieve user objectives in a mission or business context. When we hear we focus on Value always ask: How are you measuring that Value, it had better in: Measures of Effectiveness. Measures of Performance. Key Performance Parameters. Technical Performance Measures.

2019 43

Physical Percent Complete: Knowing When You Are Done

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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

Next Generation Project Management Software

Girl's Guide to PM

Aiming to offer project managers direction and information on how to approach emerging project management tools and to explain what they can do with and expect from each of these tools, Maria Cristina Barbero and Niccolò Siani started a research project under a partnership between The University of Rome “La Sapienza” and the largest Italian IT services firm, Engineering Ingeneria Informatica Spa , which acted through its 100% controlled management-consulting firm, Nexen Business Consultants Spa.

2016 272

Value and the Needed Units of Measure to Make Decisions

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Without units of measure of Value beyond time and money, there can be not basis of comparison between one value based choice and another. In the Systems Engineering world where we work, there are four critical units of measure for all we done. Measures of Effectiveness - these are operational measures of success that are closely related to the achievements of the mission or operational objectives evaluated in the operational environment, under a specific set of conditions.

2016 42

Don't Be Fooled

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Hyndman - in our program planning and controls domain ARIMA (Autoregressive Integrated Moving Average) is a powerful tool for forecasting future project behaviors based on past performance. Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective , Paul R. Systems Engineering is the basis of all we do, so this book enables the execution of the programs driven by Systems Engineering.

2018 44

Risk Management is How Adults Manage Projects

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All making things smaller dos is show that you're late, over budget, and what you're building (Technical Performance Measures) doesn't work faster. But when some statement is made about risk, estimating, performance modeling, or the like - always ask for references. Probabilistic Risk Assessment and Management for Engineers and Scientist 2nd Edition , Ernest J. Software Engineering Risk Management , Dale Karolak, IEEE Computer Society Press, 1996.

2003 38

What's Missing from the Agile Software Development Paradigm

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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

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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

How to Write Company OKRs for Effective Goal-Setting?

nTask

These key results are concrete, measurable actions which lead towards achievement of objectives. Now, this brings us to the question of how OKRs are different from KPIs (Key Performance Indicators)? Although both of these are used as performance measures, the purpose they serve is different. KPIs are key metrics used for evaluating how a team is performing against its goals. As your key results need to be measurable, Google uses a scale of 0-1.0

2019 110

3 Questions That Must Be Asked at Every Project Management Meeting

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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

Misquotes of Deming

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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

Wilo's Law and Mature Communications Processes

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On our proposals, we have professional editors, that make sure the works of the engineers are winning content. . We have friends whose husband is an English Professor here at CU Boulder, teaching engineering, science, and pre-med student to write. The writing class he teaches is mandatory in the engineering and science department. . Any successful technical communication needs to have: Measures of Effectiveness. Measures of Performance.

2017 46

Microeconomics and Risk Management in Decision Making for Software Development

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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

Software Intensive System of Systems

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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

What is an Estimate? What is Estimating?

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There are several partitions of this information that are common in building the Performance Measurement Baseline (PMB). Association for the Advancement of Cost Engineering. 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. To the left is a typical SISoS we work.

Modeling the Future is the Basis of Project Success

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This ignores the principles of predictive analytics, and the direct management actions taken to produce outcomes from those analytical models found everywhere from project management to grocery store management and the model-based systems engineering. The model of the project or program tells us what the cost, schedule, and performance - Effectiveness and Performance - Need to be for the project to be a success. Performance Analysis and Prediction .

2018 36

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 Deux

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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