The IIL Blog

OCTOBER 17, 2023

Baseline An original plan for measuring performance and tracking changes. Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Capacity Planning To identify the number of resources (e.g., identify items such as benefits and costs).

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

MPUG

MAY 14, 2021

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 2: What to Measure and How to Report, being provided by MPUG for the convenience of our members. Kyle: And welcome to Part 2 of MPUG’s Project Performance Measurement course. million.

Performance Measurement 59

Performance Measurement Underperforming Technical Team Software Engineering Engineering 59

ProjectManager.com

NOVEMBER 11, 2021

Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. Performance reports (like a project status report) do more than just show key performance indicators. Use a performance report to compare the actual project to the plan.

Software Review 304

Software Review Underperforming Technical Team Monitoring Executing 304

ProjectManager.com

SEPTEMBER 4, 2019

What these programs do is help project managers to plan, execute and close their project. The information is also critical for future projects in terms of reducing risk, improving efficiencies and lowering costs. Schedule and Planning: Computes early and late schedule, slack times and the critical path.

Software Review 214

Software Review Project Life Cycle Closing Budget 214

Herding Cats

MARCH 17, 2019

Business, Technical, Systems, Risk, and Project Management. Capabilities Based Planning. Capabilities Based Planning (V2). Deliverables Based Planning. Integrated Master Plan: The Foundation of Program Success , College of Performance Management, May 21, 2014. Project Performance Management.

2003 54

2003 2011 2008 Performance Measurement 54

Herding Cats

APRIL 29, 2017

What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something. An estimate as a verb is to roughly calculate or judge the value, number, quantity, or extent of. But those estimates, nouns, and verbs themselves's have other attributes.

Estimate 46

Estimate Risk Management Risk SCRUM 46

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

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

ProProfs Project Management

JANUARY 21, 2020

An assumption in project management refers to assuming about possible factors or situations that may occur in the project planning process that it may actually happen. It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. Performance Measurement Baseline.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

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. When might we finish with the planned work?

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

ProProfs Project Management

MARCH 18, 2020

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. . Once the project is approved in the initiation phase, the next thing to do is planning.

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

Herding Cats

OCTOBER 1, 2016

For software, this can be value produced (assuming we have a unit of measure for that value in the for of effectiveness, performance, key performance parameters, or technical performance measures ). The response to change rate ‒ how fast can you make corrective actions to the system to keep it on plan.

Closing 28

Closing Estimate Controlling Process 28

Herding Cats

MAY 1, 2017

Performance–Based Project Management ® integrates five critical program management process areas with – Cost, Schedule, and Technical Performance Measures. The inclusion of Technical Performance Measures (TPM) separates this approach from conventional methods based solely on managing cost and schedule.

Performance Measurement 42

Performance Measurement Estimate Risk Management Budget 42

Herding Cats

OCTOBER 12, 2018

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. Along with the Technical Performance Measures are three other measures needed to assess progress to plan and production of Value.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

Project Pulse Journal

MARCH 7, 2024

In the constantly changing field of project management, it is essential to know and be familiar with the system for value delivery - it is a necessary part of your strategic planning and business success. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

Governance 52

Governance Government Technical Review Sustainability 52

Herding Cats

JUNE 19, 2017

The Cone of Uncertainty as a Technical Performance Measure. Uncertainty creates Risk. Risk management requires active reduction of risk. Active reduction requires we have a desired reduction goal, perform the work, and measure progress toward the rduction goal.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

AUGUST 12, 2017

Measures of Performance (MOP) – characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. These measures are attributes that assure the system has the capability and capacity to perform. Scalability. Availability. Extensibility.

Performance Measurement 39

Performance Measurement Estimate Risk Defining 39

Techno-PM

SEPTEMBER 2, 2021

Planning (understanding the scope) 2. Designing (developing action plans) 3. Planning (understanding the scope): It is essential to understand the scope of a project before you begin work. The execution phase in a project plan has two main parts: control and communications. The four steps in Project Execution are: 1.

Executing 36

Executing Monitoring Performance Measurement Controlling 36

Herding Cats

NOVEMBER 19, 2018

The answer is a Capabilities Based Plan stating what capabilities the stakeholders of the project need to accomplish their mission. In our space and defense domain, we have an increasing maturity of the deliverables captures in the Integrated Master Plan. The only answer to that is a measure of Physical Percent Complete (P%C).

2010 39

2010 Governance Government Performance Measurement 39

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). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. This is due to many reasons.

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). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. This is due to many reasons.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

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

Herding Cats

DECEMBER 4, 2017

The technical measures are a set of attributes used to provide the supplier (developer) and the acquirer (customer) with insight into the progress of the definition and development of the technical solution, the ongoing assessment of the associated risks and issues, and the likelihood of meeting the critical objectives of the acquirer (customer).

2005 37

2005 Performance Measurement Closing Controlling 37

Herding Cats

MARCH 5, 2017

Does the code produce the Planned Capabilities that were paid for? Do those capabilities meet the Measures of Performance that characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions? Estimating Processes in Support of Economic Analysis.

Software Review 28

Software Review Technical Review Performance Measurement Estimate 28

Herding Cats

DECEMBER 5, 2017

Our topic is Increasing the Probability of Program Success Thorugh Continuous Risk Management. . Risk Management is How Adults Manage Projects. If you are not managing risk on your project, what are you managing? Risk-Adjusted Plans. Plans for Increasing Maturity of the Deliverables. Estimating Processes.

Aerospace 37

Aerospace Estimate Governance Government 37

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). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. This is due to many reasons.

Technical Review 28

Technical Review 2005 Estimate Software Review 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). Aleatory and Epistemic uncertainties, which create risk to the success of the project. So the question is? -

Technical Review 28

Technical Review Software Review Underperforming Technical Team Risk Management 28

Techno-PM

SEPTEMBER 9, 2021

In addition, program management includes planning and executing those activities necessary for delivering desired customer benefits in accordance with cost, time, and quality targets. Creating these two things before starting a project is essential because it helps you plan and know when something should be finished.

Budget 36

Budget Monitoring Performance Measurement Defining 36

Herding Cats

JUNE 4, 2017

Without these measures, Done will usually mean we ran out of time and money. . Plans are strategies for success. For the project to be successful, we need a Plan. Estimating how much is the starting point. Risk Management is How Adults Manage Projects - Tim Lister. Estimating is part of risk management.

Estimate 39

Estimate Risk Management Risk Engineering 39

Herding Cats

AUGUST 12, 2016

Unrealistic performance expectations missing Measures of Effectiveness and Measures of Performance. Unrealistic Cost and Schedule estimates based on inadequate risk adjusted growth models. Inadequate accessment of risk and unmitigated exposure to these risks with proper handling plans.

Technical Review 28

Technical Review Estimate 2003 Aerospace 28

Herding Cats

DECEMBER 29, 2017

To make some conjecture that some process will fix the problem - Estimates are the smell of dysfunction and NOT Estimating will fix that dysfunction - is naive at best and willfully ignorant of Root Cause Analysis at worse. Any successful technical communication needs to have: Measures of Effectiveness. IT Risk Management.

Process 56

Process Estimate Engineering Performance Measurement 56

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. Abstracted from [3].

2010 28

2010 2007 Estimate Aerospace 28

Herding Cats

JULY 9, 2018

This means a Capabilities Based Plan for what business and operational capabilities are needed in what order to fulfill the Mission and Vision of the enterprise funding the program. Cost, Schedule, and these measures are tightly interconnected. No mandatory Effectiveness and Performance targets for success.

2001 31

2001 Software Estimate Performance Measurement 31

Wrike

MARCH 4, 2021

You will learn to write a vendor management plan, choose a suitable vendor management system, and implement vendor management best practices. . Estimating turnaround times. Reviewing performance . Risk mitigation. You must spell out performance measures in your contract so all vendors understand their responsibilities.

Performance Measurement 36

Performance Measurement Defining Monitoring Process 36

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

OCTOBER 16, 2018

Modeling is at the heart of Program Planning and Controls. It's the Planning and Controls processes working together with the Technical Development processes that provide the ability to forecast what should happen in the future if we keep going like we are going now using a Model of the possible future outcomes. Which comes first?

Aerospace 41

Aerospace Engineering 2012 2014 41

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