Project Pulse Journal

MARCH 7, 2024

What is A System for Value Delivery in Project Management Hajime Estanislao, PMP, CSM Are you a project manager looking to improve your project management skills and help your organization grow? Take the next step towards mastering the value delivery system and project management. What is a System for Value Delivery?

Governance 52

Governance Government Technical Review Sustainability 52

The IIL Blog

JULY 12, 2023

By Cynthia Snyder Dionisio July 12, 2023 Even though the PMBOK ® Guide – Seventh Edition was released two years ago, there are still many project managers who are wondering how it is structured, and how they can use it. A Guide to the Project Management Body of Knowledge is what we call the PMBOK ® Guide.

2009 148

2009 PMI 2023 2018 148

Planio

NOVEMBER 6, 2023

If you work in project management, your job isn’t done until your users are happy — but that isn’t always the case. As every project manager knows, it’s almost impossible to get from A to B on a project without something going wrong. Identify tasks, estimate timings, and map a timeline Step 4. Absolutely not. Project control.

Planning 88

Planning Underperforming Technical Team Software Review Software Developers 88

Henny Portman

OCTOBER 18, 2020

It starts with a discussion about the need for realistic estimates and assumptions, and clear project plans for mitigating know risks to make the right decisions. The next part is about project optimism bias and its effect to inaccurately estimate time and cost requirements. To download the whitepaper.

Estimate 82

Estimate Finance Governance Government 82

Planview

JANUARY 24, 2019

The following content is based on the whitepaper, “Bigger Than a Breadbox: 10 Tips for Better Project Estimates, Part 2,” written by Jerry Manas. So far in this series, we’ve examined a number of ways to improve problems with project estimates. Part 2: Improving Project Estimates is all About Direction.

Estimate 89

Estimate Governance Government Risk Management 89

ProjectManager.com

AUGUST 29, 2023

Everything you need to know about project management terms is here in one list! Check back often, as this list of project management terminology is ever-evolving, just like project management itself! Check back often, as this list of project management terminology is ever-evolving, just like project management itself!

Software Review 392

Software Review Underperforming Technical Team Lean Event Chain 392

Herding Cats

NOVEMBER 27, 2016

An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population. The estimate can also be produced parametrically or through a simulation (Monte Carlo is common, but Method of Moments is another we use). . Estimates can be about the past, present, or future.

Estimate 36

Estimate 2015 2017 Governance 36

Project Pulse Journal

MARCH 15, 2024

Malinawan, PMP Choosing the appropriate tools and techniques to your advantage is essential for professionals working in the dynamic field of project management who must contend with issues like project budget constraints, tight deadlines, and constantly changing requirements.

Artificial Inteligence 52

Artificial Inteligence Underperforming Technical Team 2024 Lean 52

Planio

JANUARY 2, 2023

For most project managers, it’s not the beginning or end of a project that’s difficult to plan for - it’s the “messy middle.” Estimate your task durations. In simple terms, the critical path method is a technique used by project managers to identify and schedule the most time-critical tasks for their projects. Clear priorities.

Planning 78

Planning Estimate Web Development Defining 78

MPUG

APRIL 2, 2024

Project Management is a systematic and organized approach to planning, coordinating, and overseeing the work of a team to achieve a specific goal. Key to understanding Project Management, is to understand what a project is. Likewise, the project manager can set milestones, dates by which important aspects of the project need to be met.

Certification 52

Certification PMI Logistics Construction 52

Epicflow Blog

DECEMBER 1, 2022

Project management involves creating lots of documentation. If you look into project management standards, you will find at least a dozen of various plans, multiple types of reports, and numerous other documents. It can be used as a reference point to assess the project progress at all phases of a project lifecycle. 1, 2] .

Risk Management 52

Risk Management Risk Initiating Monitoring 52

Planio

MAY 8, 2023

If you’re used to shipping features and new products, IT project management (ITPM) probably isn’t on your radar. In fact, the digital transformation market was estimated at a whopping $731.1 IT project managers play a critical role in ensuring their company’s IT capability is dependable, up-to-date, and secure. How is it unique?

Technical Review 78

Technical Review Software Review Development Team Review Infrastructure 78

International Institute for Learning

NOVEMBER 22, 2022

In 2009, IIL sponsored a global webinar entitled “Value-Driven Project Management”, where we discussed IIL’s predictions on what the future of project management might look like. Over the years, there have been changes in project management practices, some quick and some slow. The reasons are discussed in the following sections.

2001 78

2001 Governance Government 2009 78

Herding Cats

MARCH 20, 2018

Estimating Software-Intensive Systems: Project, Products, and Processes , Richard D. Stutzke is a starting point for estimating software projects. I recommend it for anyone starting out in the estimating business all the way to seasoned veterans. Project decisions in the presence of uncertainty cannot be made without estimates.

Estimate 31

Estimate Manufacturing Risk Management Budget 31

Teamweek

SEPTEMBER 7, 2023

Break the project down into tasks: Use a Work Breakdown Structure to make the project more manageable. Estimate a project timeframe: Create time estimates for each task. Similar past projects can help you here as a reference. and add that to your cost estimate. The governing law that will apply to the contract.

Estimate 52

Estimate Web Development Controlling Construction 52

Herding Cats

AUGUST 27, 2017

There's a recent post titled Four Fallacious Reasons to Estimate. It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. Let's look at each one in more detail.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Epicflow Blog

JANUARY 14, 2021

Perhaps you know the pessimistic but cautious statement that can refer to any kind of activity: “If anything can go wrong, it will”. It’s applicable to any sphere of human life, and the field of project management is no exception. Apart from risks, project management is full of uncertainties that can’t be predicted.

Artificial Inteligence 98

Artificial Inteligence Underperforming Technical Team Software Review Project Life Cycle 98

Herding Cats

JULY 16, 2017

The GAO Cost Estimating and Assessment Guide has 12 steps. Uncertainty creates risk. Risk Management is how Adults Manage Projects - Tim Lister. Conduct Schedule Risk Analysis. Uncertanty creates Risk. Agile is a participant in Risk Management, but Agile is NOT Risk Management. .

Estimate 35

Estimate Agile Cadence Risk Management 35

ProProfs Project Management

MARCH 6, 2020

What do you think of leadership and management? . As project managers and even as team members of a project, we all know that leadership and management is a field on its own, even referred to as a scientific field. . With this being said, we will be covering one of the important fields of management.

Project Life Cycle 101

Project Life Cycle Underperforming Technical Team Initiating Closing 101

MPUG

JUNE 19, 2023

This learning may require adapting, and change orders are the mechanism to manage those changes. What is a Change Order In project management, a change order refers to a documented request that modifies a project’s original scope, schedule, or budget. However, there are some fundamentals from which we can start.

Development Team Review 52

Development Team Review Software Review Risk Management Budget 52

Techno-PM

AUGUST 9, 2021

And to gain a competitive edge over others, one needs to have effective project planning and management directives in place. Download Project Management Templates! Virtually, each and every organization undertakes projects and executes various planning and management methodologies to make them successful.

Monitoring 69

Monitoring Risk Management Defining Executing 69

Wrike

APRIL 25, 2023

The project charter is written by the project manager and approved by project sponsors. It also serves as a reference point throughout the project execution, ensuring the team stays on track with the expected schedule and achieves the objectives without any misunderstanding, deviation, or avoidable risk.

Project Life Cycle 36

Project Life Cycle Risk Management Software Review Construction 36

Project Pulse Journal

NOVEMBER 12, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager or team member tired of projects that get out of control, consume resources, and seem to go far beyond their original scope? Discover the secrets to initiating a project that will succeed and make you a leading project manager in your organization.

Initiating 40

Initiating Technical Review Prince2 Risk Management 40

Velociteach

SEPTEMBER 18, 2023

The podcast by project managers for project managers. Dr. Joel Carboni talks about Sustainable Project Management, and the goal to achieve a stated objective while considering the project outcome’s entire lifecycle to ensure a net positive environmental, social, and economic impact. We’re talking about Green Project Management.

Sustainability 98

Sustainability Underperforming Technical Team Construction Certification 98

Herding Cats

MAY 19, 2017

It is popular to claim we've never done this before, so how can we possibly estimate the cost and schedule. In that world, we still made estimates of the cost to design, build, and operate the experiment. In that world, we still made estimates of the cost to design, build, and operate the experiment. Q/P Management Group.

Estimate 36

Estimate Governance Government Software Engineering 36

Scrum.org

NOVEMBER 22, 2019

The Project Manager is typically concerned with day-to-day progress of the Development Team. The Project Manager tends to measure the success of the team in the form of increased Velocity. The Project Manager tends to ‘report’ on Story Points, Burndown Charts and Velocity to the stakeholder during the Sprint Review.

Underperforming Technical Team 86

Underperforming Technical Team Development Team Review Governance Government 86

Wrike

SEPTEMBER 3, 2023

These elements include: Risk Assessment: Identify potential threats and vulnerabilities that could impact the business. This involves conducting a thorough analysis of internal and external factors that may pose a risk to the organization’s operations. Furthermore, it is equally important to update the BCP periodically.

Technical Review 36

Technical Review Planning Underperforming Technical Team Infrastructure 36

MPUG

JULY 29, 2019

Even before the book was published, project managers and other project stakeholders knew that project duration cannot always be shortened by adding more resources. However, customers and sponsors have always pushed project management teams to reduce timelines. Aren’t there other project management factors that influence a project?

Engineering 94

Engineering Manufacturing Governance Government 94

Online PM Courses

SEPTEMBER 10, 2018

Are you a Project Manager or a Project Leader? One way I like to think of the difference between Project Management and Project Leadership is that: Project Management gets things done. One way I like to think of the difference between Project Management and Project Leadership is that: Project Management gets things done.

PMI 69

PMI Leadership Governance Government 69

Epicflow Blog

JUNE 11, 2021

Project management in education is meant to make the process of managing educational institutions’ projects seamless, efficient, and up-to-date. However, like in any other sphere of human activity, educational project management has its specific challenges. Why Do Educational Institutions Need Project Management?

2003 98

2003 Budget Planning 2020 98

MPUG

JULY 7, 2019

Directives can be imposed by management (for example, to improve the image of a company), by government (like the Dodd-Frank Act to meet financial compliance regulations), and/or by external stimulus. This scorecard has evolved over time, and the Gartner Group estimates that over half of large U.S. See Figure 1.1

Technical Review 85

Technical Review Closing Manufacturing Executing 85

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.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

Herding Cats

FEBRUARY 9, 2018

Here's an extract from "Chapter 8: Human Behavior and Complexity," Terry Cooke-Davies, in Aspects of Complexity: Managing Projects in a Complex World. This is a cautionary tale for those listening to the #NoEstimates advocates, where anecdotes of bad management are used in an attempt to replace established principles of business management.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

Herding Cats

DECEMBER 8, 2017

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. This can be the confidence in the estimate for any variable. But much has been done since then, and referring to the 1981 book is bad research method.

Performance Measurement 35

Performance Measurement Technical Review 2017 2008 35

Wrike

DECEMBER 9, 2021

It is the practice of managing two distinct work modes concurrently – one mode focused on predictability and the other on exploration. Implementing this IT mode in small iterations prevents huge losses, risks, and large-scale issues from occurring. Mode 2 is often conducted using the Agile project management framework.

Technical Review 36

Technical Review Infrastructure Innovation Software Review 36

Herding Cats

JUNE 2, 2017

So the first part is following standard estimating principles. which states clearly and concisely that decisions can be made (in the presence of uncertainty - which is ALWAYS present on software development projects - without estimating the impact of those decisions. Aleatory uncertainty produces an irreducible risk to the project.

Estimate 35

Estimate Software Developers Software Development Risk Management 35

Herding Cats

OCTOBER 11, 2017

This quote is coming back in the modern era of internet-based misinformation pundits in many domains, including project management and software development processes. IT Risk Management. Why Guessing is not Estimating and Estimating is not Guessing. Related articles.

Finance 35

Finance Manufacturing Governance Government 35