Rebel’s Guide to PM

FEBRUARY 1, 2022

For example, if you’ve got loads of experience with Kanban, it’s not worth spending time on Kanban in Action (Marcuse Hammarberg and Joakin Sunden). It talks about working with customers and customer proxies, defining acceptance tests and then goes on to discuss ways of agile estimating and planning how to use those stories in an iteration.

PMI 195

PMI Certification Estimate Software Review 195

Herding Cats

OCTOBER 11, 2016

I work in the Software Intensive System of Systems domains in Aerospace, Defense, Enterprise IT (both commercial and government) applying Agile, Earned Value Management, Productive Statistical Estimating (both parametric and Monte Carlo), Risk Management, and Root Cause Analysis with a variety of capabilities. NASA Cost Estimating Handbook.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

ProjectManager.com

NOVEMBER 11, 2021

For a successful project, you need an overall picture of your work performance information (WPI). Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. There are different targets for performance reporting.

Software Review 299

Software Review Underperforming Technical Team Monitoring Executing 299

ProjectManager.com

SEPTEMBER 4, 2019

Budget: Associate cost with individual tasks for more accurate budget estimation and generation. Control and Performance: Analyze and control cost and performance, updating existing plans as actual against planned data changes, provide what-if scenarios for the project manager. PMIS Throughout the Project Life Cycle.

Software Review 213

Software Review Project Life Cycle Closing Budget 213

Herding Cats

DECEMBER 8, 2017

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

Performance Measurement 35

Performance Measurement Technical Review 2017 2008 35

Workamajig

JUNE 11, 2019

A robust PM system might tell you how a project is doing at any moment, but it can’t tell you how the organization or its constituent people are performing. Measuring and monitoring project management metrics fills this gap. The tools you’re using to measure the metric must have a low error rate.

Estimate 93

Estimate Budget Infrastructure Performance Measurement 93

MPUG

SEPTEMBER 21, 2020

Let’s consider an example scenario. In EVM terminology, baseline is further defined as the performance measurement baseline (PMB). Performance Measurement Baseline (PMB). Are you wondering now how to calculate the performance measurement baseline (PMB) at a release level? An Example – EVM In Agile.

Underperforming Technical Team 59

Underperforming Technical Team Agile Performance Measurement PMI 59

Herding Cats

OCTOBER 12, 2018

In Earned Value Management paradigm, progress is always measured as physical percent complete. This physical percent complete is measured as compliance with the Technical Performance Measures of the outcomes of the work efforts, that consume the budget for that work. The Measures of Performance are.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

Herding Cats

JUNE 19, 2017

The Cone of Uncertainty as a Technical Performance Measure. Of late, Cone of Uncertainty has become the mantra of No Estimates advocates claiming that data is needed BEFORE the Cone is of any use. The Cone of Uncertainty as a Technical Performance Measure. Measure of Effectiveness. Measure of Performance.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

DECEMBER 4, 2017

Measures of Performance - are performance measures that characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. Measures of Performance. The Technical Performance Measures.

2005 37

2005 Performance Measurement Closing Controlling 37

ProProfs Project Management

MARCH 18, 2020

The activities are then sequenced, and the duration required for each activity is estimated. Cost : A cost management strategy is first made, after which the cost for each work package is estimated. The estimates are then summed up, and some reserves are added to it to create the project budget.

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

Herding Cats

JANUARY 22, 2017

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). Here are some examples of Planned variances and managing of the actual variances to make sure the project stays on plan.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

FEBRUARY 4, 2017

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 are needed but are subject to large level of uncertainty. There can be cost and schedule performance measures as well.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

Herding Cats

JANUARY 19, 2018

Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities. For example throughput , we need enough margin in the delivered product to meet or exceed the customer's need without spending too much time or money to provide that margin. Related articles.

Performance Measurement 31

Performance Measurement Estimate Finance Manufacturing 31

Herding Cats

JULY 9, 2018

The development of the software and sometimes the development of the hardware is done in an agile manner, using one of several Agile development methods - SAFe, Scrum for example. Cost, Schedule, and these measures are tightly interconnected. No mandatory Effectiveness and Performance targets for success.

2001 31

2001 Software Estimate Performance Measurement 31

Herding Cats

FEBRUARY 9, 2018

If, for example, a project manager believes a member of his or her team is a fast and effective worker, each time that team member works fast and effectively or is told by a colleague about the work that has been done fast and effectively, the project manager will consider his or her belief to be well-founded.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

MPUG

JULY 10, 2023

Now we’ve looked at some cost performance measures, let’s look at a few more specifically aimed at managing schedule performance. They are supposed to help you spot early performance problems and track trends, and they are useful for adjusting upcoming budgets and timelines to reflect how the project is actually performing.

Budget 40

Budget Controlling Performance Measurement Finance 40

Herding Cats

JULY 24, 2017

The paper on the Cone of Uncertainty is used by many in the No Estimates community as an example of why estimates are of little use. In this paper, there is data that does not follow the Cone of Uncertainty, in that the uncertainty of the estimates does not reduce as the project proceeds. Then there is some analysis.

2007 42

2007 2012 2006 2008 42

Herding Cats

JULY 9, 2018

The development of the software and sometimes the development of the hardware is done in an agile manner, using one of several Agile development methods - SAFe, Scrum for example. Cost, Schedule, and these measures are tightly interconnected. No mandatory Effectiveness and Performance targets for success.

2001 28

2001 Software Estimate Performance Measurement 28

Herding Cats

JANUARY 14, 2017

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). Here's some examples of Planned variances and managing of the actual variances to make sure the project stays on plan. Related articles.

Technical Review 28

Technical Review Software Review Underperforming Technical Team Risk Management 28

Herding Cats

JANUARY 17, 2017

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). Here are some examples of Planned variances and managing of the actual variances to make sure the project stays on plan.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

OCTOBER 28, 2016

In a recent Blog post titled Precision it is suggested Precision (or the implication thereof) is perhaps the root problem of most, if not all dysfunction related to estimation. . Estimates have precision and accuracy, but the reason for these unfavorable outcomes is not stated in the post. Yes, projects have uncertainty.

Estimate 28

Estimate Performance Measurement Information Technology Risk Management 28

Herding Cats

MARCH 4, 2017

This is an immutable principle that impacts planning, execution, performance measures, decision making, risk, budgeting, and overall business and technical management of the project and the business funding the project no matter the domain, context, technology or any methods. All project work operates in the presence of uncertainty.

2010 28

2010 2007 Estimate Aerospace 28

Project Pulse Journal

MARCH 7, 2024

For example, customer satisfaction is one measurement that a project and operation use to identify whether value is realized. With the rise of better technology, generative AI, for example, organizational objectives are put into the spotlight. Further, many organizations tend to have projects without a higher purpose.

Governance 52

Governance Government Technical Review Sustainability 52

Wrike

MARCH 4, 2021

A digital marketing agency, for example, may work with consultants, freelancers, and other creative service providers to satisfy clients. . Estimating turnaround times. Reviewing performance . You must spell out performance measures in your contract so all vendors understand their responsibilities.

Performance Measurement 36

Performance Measurement Defining Monitoring Process 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. COBIT, for example, emphasizes IT governance and aligning IT with business objectives.

Risk Management 36

Risk Management Risk Underperforming Technical Team Technical Review 36

Herding Cats

OCTOBER 16, 2018

For approaches that have been implemented on existing systems, obtaining such understanding may require measurement and analysis. For scenarios where the project under consideration does not yet exist, performance prediction using analytical modeling or simulation is necessary. Model-Based Project Management .

Aerospace 41

Aerospace Engineering 2012 2014 41

Wrike

JULY 1, 2020

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. Further examples of these projects are: Intern recruitment programs . Establishing productivity and performance measures for the team.

Underperforming Technical Team 36

Underperforming Technical Team Software Review Performance Measurement Executing 36

International Institute for Learning

OCTOBER 4, 2022

Gap can also exist for performance improvement expectations such as: Reduction in risk by a certain percentage, cost, or time. Improvement in estimating accuracy by a certain percentage or dollar value. As an example, the aerospace division of a Fortune 500 company benchmarked against their competitors.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

Herding Cats

SEPTEMBER 28, 2018

Regression Analysis by Example , Samprit Chatterjee and Ali S. This is found many times in project work around risk management and other performance measures that are ordinal rather than cardinal. Stuart Hunter - this is the book where Box states All Models are Wrong, Some are Useful.

Engineering 52

Engineering Performance Measurement Risk Management Risk 52

Herding Cats

NOVEMBER 14, 2018

Or it can be applied after the relative measures of value, for example, have been made. No Credible Decision Can Be Made in the Presence of Uncertainty with making Estimates of the Impact of those Decisions. And of course.

Technical Review 47

Technical Review 2010 2014 Software Developers 47

MindGenius

JUNE 26, 2019

PRINCE2, NVP, Analogous Estimating etc. For example, suppliers, employees and customers. All three of these make up the performance measurement baseline. A baseline is a fixed schedule which represents the standard that is used to measure the performance of the project. You’re not alone!

Risk Management 28

Risk Management Prince2 Risk Controlling 28

Herding Cats

APRIL 16, 2019

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Project Performance Management. Building a Credible Performance Measurement Baseline - without a good foundation, nothing can be built. Risk Management (#RM).

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Epicflow Blog

NOVEMBER 8, 2021

Schedule Baseline as a Performance Baseline Component . It’s a component of a performance measurement baseline that consists of scope, schedule, and cost baselines and is included into a project plan. This information can be used to improve project time estimates in the future. . Baselining.

Software Review 98

Software Review Estimate Monitoring Performance Measurement 98

Herding Cats

APRIL 30, 2019

A recent lawsuit by Hertz Rental Car against Accenture has turned into a rallying cry by Agilest and No Estimates advocates. Of course, No Root Cause analysis has been performed by these advocates, but it makes good click bait for their followers. What are the Measures of Performance for each Deliverable that implements a Capability.

Software Review 41

Software Review Technical Review Engineering 2018 41

MPUG

JUNE 27, 2022

Examples of re-writing history would be: In USA, if slavery was left out of US history books used in schools. With these extreme examples in mind, I think we can all agree that it is not best practice in any way to re-write history for the purpose of wiping out past sins. It is a clear sign of an immature project management culture.

Governance 52

Governance Government Estimate Performance Measurement 52

Workamajig

JANUARY 11, 2021

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78