Remove Estimate Remove Influencer Remove Performance Measurement Related Topics

How to Create a Performance Measurement Baseline for Your Projects

ProjectManager.com

Ideally, project managers know better than to execute their project plans without a performance measurement baseline. A performance measurement baseline provides a window into the project that allows project managers to see roadblocks and resolve them before the project hits a dead end.

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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. You can’t influence that project.

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A Compendium of Works to Increase the Probability of Project Success

Herding Cats

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.

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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.

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Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway. Although each uncertainty type is distinct, a single project may encounter some combination of four types: Variation – comes from many small influences and yields a range of values on a particular activity.

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INVEST, Scrum and Enterprise IT

Herding Cats

The direction of influence from one element to another is captured by an arrow in place of a simple link. 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. In the presence of uncertainty, estimates is needed to make decisions.

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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.

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What Is Risk?

Herding Cats

risks that may prevent the end item from performing as intended or not meeting performance expectations. Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters describe the measures of these expectations. risks that affect the cost and schedule measures of the program. Ontological uncertainty cannot be measured directly.

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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

When we hear about software development disasters and then hear that estimates are to blame, and NOT Estimating will somehow reduce or prevent these disasters, think again. Each of the categories operates in the presence of uncertainty and requires that estimates be made about the probability, conseqeunce of the resutling risk. risks that may prevent the end item from performing as intended or not meeting performance expectations.

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Why Johnny Can't Do The Math

Herding Cats

In a previous post, Why Johnny Can't Estimate , mentioned some resources for estimating, the principles of business and technical management that demand estimates be made to make decisions, and background on the sources of uncertainty, that create risk, that require estimating to increase the probability of project success. One of the #Noestimates advocates has now discovered a phrase: Estimates are non-ergodic. It is not the Estimates that are non-ergodic.

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Acting Like an Adult in the Presence of Uncertainty

Herding Cats

The alternatives can involve a large number of uncertainties about the factors that influence the ultimate outcomes. For customers paying for the development of software, these things include - cost, schedule (time cost of money), market timing, and performance of the product to name a few. The values capture the needs, objectives, and preferences of the stakeholders, which are the people and organizations that have an interest and can influence or be influenced by a decision.

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Project Management Process & Phases

ProProfs Project Management

Initiation is the very first phase of project management, and it is all about measuring the value, benefits, and feasibility of the project. specific, measurable, attainable, realistic, timely) . Perform Qualitative Risk Analysis . Perform Quantitative Risk Analysis .

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. It contains all the details about the tasks a project team has to perform. . Analogous Estimating . is a process of appointing or providing a team member with a responsibility to perform a task. Bottom-Up Estimating .

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. It contains all the details about the tasks a project team has to perform. . Analogous Estimating . is a process of appointing or providing a team member with a responsibility to perform a task. Bottom-Up Estimating .

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Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

You may wish to use this transcript for the purposes of self-paced learning, searching for specific information, and/or performing a quick review of webinar content. Melanie: Jeff is currently the Training and Development Manager for Edwards Performance Solutions. Work performance.

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