Leading Agile

APRIL 29, 2021

You will need to outline the estimated costs to be incurred as part of that transformation as well as the estimated annual benefits and savings expected to be realized from your transformation effort. . Return on Investment or ROI is a performance measure used to evaluate the efficiency of an investment. Payback Period.

Finance 84

Finance Agile Performance Measurement Estimate 84

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. Department of Energy.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

ProProfs Project Management

JANUARY 21, 2020

It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. The shortest time estimated to complete a specific project task or activity is known as optimistic duration. Performance Measurement Baseline. It is an estimation technique based on an expert consensus.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

ProProfs Project Management

MARCH 18, 2020

Initiating. Initiation is the very first phase of project management, and it is all about measuring the value, benefits, and feasibility of the project. The main tools used in initiation are the business case document and the benefits management plan. . Risk : This is an integral part of planning.

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

Project Pulse Journal

MARCH 7, 2024

Creating Value At the core of the system for value delivery lies the objective of creating tangible value for stakeholders through project initiatives; this involves identifying and prioritizing the outcomes, benefits, and deliverables that align with organizational goals, strategies, and stakeholder needs.

Governance 52

Governance Government Technical Review Sustainability 52

Techno-PM

SEPTEMBER 9, 2021

It is important to note that while project management focuses on individual projects or initiatives, program management deals with groups of related projects managed together to meet objectives over a given period. Therefore, it's essential to have qualified managers in place when the program becomes more complex or large-scale.

Budget 36

Budget Monitoring Performance Measurement Defining 36

Herding Cats

FEBRUARY 9, 2018

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.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

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. But we view the transitioning risk template as proprietary knowledge not to be shared.”.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

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. We need a formal risk management process.

2010 28

2010 2007 Estimate Aerospace 28

Wrike

JULY 1, 2020

Smarter hiring, workplace culture initiatives, and day-to-day operational excellence are all priorities in the industry, meaning that project management for HR has never been more important. Using formal project management processes, procedures, and tools can help lower risk and increase success on all of these long-term HR activities.

Underperforming Technical Team 36

Underperforming Technical Team Software Review Performance Measurement Executing 36

Herding Cats

NOVEMBER 14, 2018

Using this method, the performance, cost, time, and risks of alternatives can be articulated as ratios that can then be compared with one another. This decision model for software development projects addressed: performance, cost, time, and risk. Mathematically, the value equals performance over cost plus time.

Technical Review 47

Technical Review 2010 2014 Software Developers 47

MindGenius

JUNE 26, 2019

PRINCE2, NVP, Analogous Estimating etc. Project Scope Creep Project Scope Creep is where the project experiences uncontrolled growth beyond the initial expectations of what is to be delivered. Organisations can use the Risk Management Process, which is a basic five-step process designed to manage the risk of a project.

Risk Management 28

Risk Management Prince2 Risk Controlling 28

Herding Cats

APRIL 16, 2019

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Project Performance Management (#PPM). Risk Management (#RM). Technical Performance Measures (#TPM). Business, Technical, Systems, Risk, and Project Management. Project Performance Management. Management Processes.

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Workamajig

JANUARY 11, 2021

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. Actual dates are different from planned or estimated dates.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Epicflow Blog

OCTOBER 8, 2019

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. Analogous Estimating . Bottom-Up Estimating . Activity Attributes . Assumption .

Software Review 45

Software Review Project Life Cycle Estimate Technical Review 45

Epicflow Blog

OCTOBER 8, 2019

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. Analogous Estimating . Bottom-Up Estimating . Activity Attributes . Assumption .

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

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 was the risk-adjusted date?

Software Review 41

Software Review Technical Review Engineering 2018 41

Wrike

AUGUST 30, 2021

Project initiation phase. In the initiation phase of the project, a PMIS can be helpful in: Establishing a preliminary project budget including cost and resource estimates. Enables easy comparison of actual project data with the baseline estimates from the project planning phase. Project risk management.

Software Review 36

Software Review Estimate Budget Monitoring 36

Herding Cats

NOVEMBER 29, 2017

Designing, building, testing, and deploying complex systems is fraught with risk. And as always risk comes from uncertainty. Much has been written about the sources of risk and how to Manage in the Presence of Uncertainty (This briefing describes how risk is managed for each element of the Integrated Master Plan). .

Planning 42

Planning Software Review Governance Government 42

Epicflow Blog

OCTOBER 16, 2023

” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time. Carrying an Umbrella (Risk Buffer).

2016 52

2016 Monitoring Risk Management Healthcare 52

Wrike

NOVEMBER 7, 2018

89% of high-performing organizations value project management, 81% actively engage sponsors, 57% align projects with business strategy. [6]. 46% of organizations admit to not fully understanding the value of project management, even though that understanding boosts the success rate of strategic initiatives by 16%. [12]. Senior level.

2015 60

2015 Technical Review Underperforming Technical Team Software Review 60

Herding Cats

NOVEMBER 5, 2018

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.

Software Review 34

Software Review Technical Review Estimate Software Developers 34

Herding Cats

JUNE 7, 2018

The notion that a User Story would be Independent of all other User Stories makes no sense since the Integrated system is a tightly coupled set of concurrent processes starting with the initial request for Health Insurance ending with the issuance of a Health Insurance policy ranging for a commercial policy to Medicare. The DSM allows self?loops

Underperforming Technical Team 32

Underperforming Technical Team SCRUM Software Engineering Risk Management 32

Herding Cats

JUNE 7, 2018

The notion that a User Story would be Independent of all other User Stories makes no sense since the Integrated system is a tightly coupled set of concurrent processes starting with the initial request for Health Insurance ending with the issuance of a Health Insurance policy ranging for a commercial policy to Medicare. The DSM allows self?loops

Underperforming Technical Team 28

Underperforming Technical Team SCRUM Software Engineering Risk Management 28

Epicflow Blog

APRIL 25, 2024

” Eli Schragenheim The lesson is: when you ask for a clear one-number estimation, without defining the level of common and expected uncertainty, then you either might face big surprises or face frequent occurrences, where the project/mission finished exactly on time. Carrying an Umbrella (Risk Buffer).

2016 52

2016 Monitoring Risk Management Healthcare 52

MPUG

JUNE 1, 2022

In addition to that, as well as the PMI standards plus to lead the way for the immediate processes, the techniques when it comes to things like estimating or requirements management and things along those lines. You have your integration, scope, schedule, cost, quality, resources, communications, risk, procurement, stakeholders, right?

PMI 59

PMI Software Review Estimate Risk Management 59