Rebel’s Guide to PM

FEBRUARY 12, 2024

Skill #2: Managing risks Risk management is a core skill for a project manager, and one that I would hesitate to ‘outsource’ to a team member. So much of risk management is tied up in being able to see the big picture, and as a project manager you are best placed to do that. Then schedule around people, not tasks.

Finance 319

Finance Risk Management Budget Risk 319

ProjectManager.com

SEPTEMBER 20, 2023

Manufacturers need to give their customers an accurate estimate of the lead time so they know when to expect the goods they’re going to sell. The more accurate those estimates are, the greater customer satisfaction. Waste, in terms of lean manufacturing , is anything that doesn’t add value to the customer.

Manufacturing 308

Manufacturing Lean Estimate Software 308

MPUG

MARCH 8, 2021

Many project managers utilize a Lean-Agile approach when there is high change or churn in project requirements, significant lack of clarity in scope, high complexity to their projects, and/or a larger number of risks associated with such. Two Lean-Agile Types. Iteration-based Lean-Agile. Flow-based Lean-Agile.

Lean 64

Lean Software Review Technical Review Agile 64

Scrum.org

JULY 5, 2021

Scrum works well with deadlines because it’s based on empiricism, lean thinking, and an iterative approach to product delivery. Lean thinking means eliminating waste to focus only on the essentials, and iterative delivery involves delivering usable product frequently. . Lean Thinking.

SCRUM 253

SCRUM Lean Estimate Budget 253

Project Pulse Journal

NOVEMBER 24, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis.

Risk Management 52

Risk Management Risk Engineering Estimate 52

ProjectManager.com

JULY 12, 2023

The software integrates project and portfolio planning with teams, resourcing and risk management as well as scheduling. They are Primavera schedule, task scheduling, Primavera portfolio and risk management. In addition, OPC lets users perform Monte Carlo analysis for quantitative risk analysis.

Manufacturing 264

Manufacturing Construction Risk Management Lean 264

The IIL Blog

OCTOBER 17, 2023

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. Lean A project management philosophy that aims to maximize value while minimizing waste.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Teamweek

AUGUST 27, 2020

Lean Project Management can fix this. In this article, we’re going to explore: What is Lean Project Management? The Lean Methodology The 3 Types of Waste & How to Fix Them. What is Lean Project Management? What is Lean Project Management? As a concept, Lean originates from the Toyota production floor.

Lean 52

Lean Manufacturing Software Review Risk Management 52

Scrum.org

APRIL 30, 2021

estimating the work in size and value. This gives the Product Backlog a level of transparency that reduces the risk. The risk is exposed by not completing an item within a Sprint and thus giving away the opportunity to generate value for the organization. Estimating Product Backlog items. Estimating Product Backlog items.

Technical Review 226

Technical Review Estimate SCRUM Risk Management 226

Herding Cats

DECEMBER 16, 2017

The estimating of software development is both straightforward and complex. When it is suggested that estimating is hard, of no value, and unnecessary, always ask what principle is used to support that claim? Software Sizing and Estimating: Mk II FPA , Charles Symons, John Wiley & Sons, 1991. IT Risk Management.

Software Developers 46

Software Developers Software Development Estimate 2006 46

ProjectManager.com

AUGUST 4, 2022

There are many different types, from design-bid-build, design-build and construction manager at risk to integrated project delivery, job order contracting and public-private partnerships. To help guide you, look at the project budget, design, risks, schedule and owner’s expertise. Another consideration is construction risk.

Construction 304

Construction Risk Management Risk Closing 304

Scrum.org

APRIL 11, 2022

Join 150-plus peers on May 30, 2022: HoA #42: The Skinny on Lean Roadmapping and OKRs w/ Janna Bastow. There are ample opportunities to deal with the left part of the process, for example, Lean Startup, Design Thinking, Design Sprint, Lean UX, Dual-Track Agile , just to name a few. .

Technical Review 246

Technical Review SCRUM Lean Agile 246

ProjectManager.com

JUNE 14, 2023

Those are the features that make ProjectManager the best production scheduling software, but we didn’t even touch on how it excels at task management and risk management, including its real-time dashboards and reporting features. It tracks serial numbers and works well with lean manufacturing.

Manufacturing 261

Manufacturing Software Review 2023 Software 261

ProjectManager.com

JUNE 15, 2021

While communication is key to address changes and make sure everyone is doing what they need to do, the project manager must also define, schedule and accurately estimate the task duration to develop and maintain a realistic project schedule. Risk Management. Risk management. Manage risk tracking process. Team mentality.

Certification 441

Certification Prince2 Monitoring PMI 441

Scrum.org

JUNE 26, 2023

Learn more about useless agile metrics, from individual velocity to estimation accuracy to utilization rates. ? Comparing velocities may lead to unhealthy competition and encourage teams to inflate estimates, also known as cooking the agile books. Shall I notify you about articles like this one?

Agile 182

Agile Software Review 2021 Estimate 182

ProjectManager.com

SEPTEMBER 3, 2019

Budgets can be calculated based on the breakdown schedule and even risks when a branch is not well defined. It’s a project management technique to help with time estimates. But estimating time for a project isn’t easy. PERT has been used by project managers to make time estimates that are more accurate. Gantt Chart.

Estimate 297

Estimate Manufacturing Software Review Monitoring 297

Kiron Bondale

JUNE 16, 2018

The challenge with all of these funding approaches is that they are based on an estimated cost of a project rather than the funding we wish to allocate to a product, capability or service. It can result in higher risk, premature financial commitments. So what challenges arise from a project-centric funding model?

Agile 179

Agile Finance Lean Estimate 179

Scrum.org

DECEMBER 7, 2020

The main accountability of the Product Owner is driving value for customers and the organization while mitigating risk at the same time. Suitable frameworks and practices for this kind of product discovery process are, for example, Lean Startup, Lean UX, Design Thinking, Design Sprints, or the Business Model Canvas.

Technical Review 213

Technical Review SCRUM Cadence Estimate 213

International Institute for Learning

SEPTEMBER 8, 2022

Estimating and Applying Points with Agile – How to apply, and when is it done? As early as most of us can recall, we estimate the size/magnitude/amount of effort to do something in time. Adaptive development frameworks commonly use points for estimating size based on complexity, not duration or hours. Tony Johnson.

Underperforming Technical Team 87

Underperforming Technical Team 2022 PMI Project Life Cycle 87

Scrum.org

NOVEMBER 24, 2020

Estimating, Sizing. Cross-Functionality. Definitions. Effectiveness, Productivity. Empiricism. Empowerment. Forecast, Projection, Tracking. Frameworks. Impediments. Inspection. Leadership. Management. Negotiation. Ordering, Priority, Prioritization. Organizations. Plan, Planning. Predictability. Plan, Planning. Predictability. Scaling Scrum.

2020 189

2020 SCRUM Lean Certification 189

ProjectManager.com

AUGUST 18, 2021

Aggregate production planning also lets manufacturers know what staff, materials, output rates, timeline estimates and budget costs they need. This reduces the risk of overproduction, which wastes resources, depresses prices and can lead to oversaturation of your product in the market. Resource Management.

Planning 358

Planning Underperforming Technical Team Manufacturing Budget 358

Scrum.org

MAY 19, 2021

Is it worth risking and investing such an amount of money without any validation? We do not need to spend 3 months (replace by your estimation), people effort and company money to deliver something that is not valuable. You can combine a few Lean UX practices. Useful information about Lean UX can be found here.

Lean 164

Lean SCRUM Estimate Agile 164

ProjectManager.com

DECEMBER 19, 2019

In fact, in some lean or agile organizations, over-reliance on documentation is seen as a clear impediment to innovation and collaboration. Don’t forget to include a risk management plan. Budget: This is an estimate of everything in your plan and what it will cost to complete the project over the scheduled time allotted.

Underperforming Technical Team 464

Underperforming Technical Team Project Life Cycle Leadership Initiating 464

Herding Cats

MAY 7, 2019

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. COSMIC Software Estimation Approach,” Alain Abran, ICEAA Workshop, Portland Oregon, June 6?9, Estimating Probable System Cost,” Stephen A. Performance Evaluation of non?Markovian

Estimate 40

Estimate Software Review Software 2012 40

Scrum.org

FEBRUARY 22, 2022

The team should avoid refining too far in advance if it’s working in a higher-risk environment involving frequent changes in technology, business needs, or other factors influencing the Product Backlog’s order and content. If the Product Backlog is refined too far out, it can become an example of lean waste. . Conduct an analysis.

Lean 176

Lean SCRUM Technical Review Closing 176

Herding Cats

NOVEMBER 7, 2016

Estimating is a learned skill, used for any purpose from every-day life to management of projects. When I left for the airport this morning to catch my flight to a customer site I estimated, given the conditions, how much time I need to get to my favorite parking spot at DIA. So when you hear we can't estimate you'll know better.

Estimate 64

Estimate 2006 2005 2013 64

nTask

MARCH 2, 2022

Cost management helps you to mitigate the risk of any surprise costs and budget constraints. In project management, Project Cost Management can be defined as: “The process of planning, allocating, estimating and controlling the project’s budget”. . Additionally, project cost management is also beneficial in: Timely risk assessment.

Project Cost 88

Project Cost Underperforming Technical Team Estimate Budget 88

LiquidPlanner

MAY 17, 2023

LiquidPlanner forecasts when you’ll be able to finish projects in your portfolio based on the people you have available to do the work , flagging risk when you don’t have enough capacity to finish current priorities on time or accept new projects coming in.

Estimate 142

Estimate Lean PMI Construction 142

Scrum.org

FEBRUARY 10, 2022

Saddest is that given decades of UCD and HCD as our key processes, SAFe picked “Lean UX” to add to their model. Lean UX is neither Lean nor UX; don’t be fooled by the name. But you can see why SAFe liked Lean UX. Lean UX is a model where UX has no real power to do much or make decisions. Better risk identification.

Lean 179

Lean Software Review 2022 Technical Review 179

Planio

APRIL 24, 2023

In 2021, the Project Management Institute estimated that by 2030 the global economy would need 25 million more project managers to keep up with the demand for change. Assessing and mitigating project risks 7. Identifying and managing any risks or issues as the project progresses. But there’s a problem.

Development Team Review 78

Development Team Review 2030 Underperforming Technical Team Risk Management 78

Velociteach

JUNE 7, 2023

Story Sizing We use story points to estimate work size and complexity instead of hours. Relative sizing tools, like t-shirt sizing, are generally reasonable and more accurate than duration estimates. Story points are used to estimate each backlog item’s size and the team’s velocity. Then the family estimates its capacity.

Agile 79

Agile Technical Review Estimate 2023 79

LiquidPlanner

JUNE 2, 2022

Not incorporating risk into your projects. And every change introduces new risks and uncertainty that will impact your project plan if not acknowledged and addressed. Before starting a new project, incorporate contingency planning to prepare for those inherent project risks. These include such things as: Shifting priorities.

Infrastructure 88

Infrastructure Underperforming Technical Team Certification Energy 88

Planview

JANUARY 2, 2020

Since financial services institutions typically work within well-established practices to mitigate risks, new ways of working aren’t always immediately accepted. Risk levels. This can lead to some of the following limitations: Difficulty estimating and making projections, which can lead to goals and outcomes being continuously changed.

2019 103

2019 Agile Lean Governance 103

Agilemania

NOVEMBER 22, 2021

They will need to work with the extended Scrum Master community, including Release Train Engineers and Solution Train Engineers, to increase the effectiveness of SAFe across the enterprise Embraces SAFe Lean-Agile Principles. SAFe embraces Lean and Agile principles making them very explicit. Supports the team estimation process.

SCRUM 98

SCRUM Software Review Technical Review Lean 98

Scrum.org

MARCH 1, 2021

Estimating, Sizing. Cross-Functionality. Definitions. Effectiveness, Productivity. Empiricism. Empowerment. Forecast, Projection, Tracking. Frameworks. Impediments. Inspection. Leadership. Management. Negotiation. Ordering, Priority, Prioritization. Organizations. Plan, Planning. Predictability. Plan, Planning. Predictability. Scaling Scrum.

2020 128

2020 SCRUM 2021 Lean 128

Project Pulse Journal

MARCH 15, 2024

Methods vary depending on the project description and scope, ranging from data gathering and analysis techniques to estimation and planning approaches, including collaboration techniques and workflow optimization. The selected methods must offer a systematic approach to reaching project alignment, enhancing productivity, and mitigating risks.

Artificial Inteligence 52

Artificial Inteligence Underperforming Technical Team 2024 Lean 52

Planio

OCTOBER 24, 2022

When in reality, a project management plan is a collection of supporting and interconnected plans — from a stakeholder management plan, to your project schedule, communication plan, and risk management plan. Consider the project risks and how you’ll mitigate them. Risk management approach. What does it include? Project budget.

Planning 78

Planning Risk Management Software Review Defining 78