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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. Kyle: Hello, and welcome to part one of MPUGs Project Performance Measurement course.

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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. 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.

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Different Project Management Terms Beginners Should Know

ProProfs Project Management

Any work, task, activity, situation, or event that is either dependant on the project right now or sometime in the future. . Any situation or event that can cause problems in project execution. . It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. Stakeholder.

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An Introductory Guide to Project Management for HR

Wrike

For instance, attracting new talent, launching and executing training and development programs, completing annual performance and salary reviews are all projects that HR teams need to complete. Executing team bonding events . Establishing productivity and performance measures for the team.

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Start with Principles, Not Personal Anecdotes

Herding Cats

I've seen estimates abused by bad managers, so let's NOT estimate and that will fix the behavior of Bad Managers." While the human behaviors are real and observable, conjecturing that decisions can be made in the presence of uncertainty without estimating the outcome of those decisions, there is no principle to support that conjecture.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

Through the guidance of codes of conduct, compliance frameworks, and reporting mechanisms, these systems nurture a culture of integrity and accountability within the organization, enhancing the reliability and alignment to the goodness of the value creation model. Harvard Business Review. PMI-SP5-1505-14111, p. Nieto-Rodriguez, A.

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Biases in Project Management and How to Remove Them

Herding Cats

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. A final Thought . Flyvbjerg, H.