Wrike

JUNE 11, 2023

The importance of risk management in IT cannot be overstated. However, with this reliance comes the inherent risks of cyber threats, data breaches, and operational disruptions. Once the risks have been identified and assessed, organizations must develop and implement strategies to manage and mitigate them.

Risk Management 36

Risk Management Risk Underperforming Technical Team Technical Review 36

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 ). DP6Jw is an overview of this process. Stochastic process control is the field of study. https://goo.gl/DP6Jw

Closing 28

Closing Estimate Controlling Process 28

ProjectManager.com

SEPTEMBER 4, 2019

The Project Management Book of Knowledge (PMBOK) states that a PMIS is “an information system consisting of the tools and techniques used to gather, integrate, and disseminate the outputs of project management processes. The information is also critical for future projects in terms of reducing risk, improving efficiencies and lowering costs.

Software Review 214

Software Review Project Life Cycle Closing Budget 214

Herding Cats

MARCH 17, 2019

Business, Technical, Systems, Risk, and Project Management. Managment Processes. Making the Impossible Possible: Applying Heliotropic Abundance for creating Program and Project Management Processes. Forming, Storming, Norming, Performing, and Adjourning. Project Performance Management. Risk 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. References below. .

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 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. Avoid Verbal Orders is a critical process in any critical situation. Measures of Performance.

Process 56

Process Estimate Engineering Performance Measurement 56

ProProfs Project Management

JANUARY 21, 2020

You winged the entire project execution process, and now the theory of it all is taking a toll on you. . 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. Performance Measurement Baseline. Deliverable.

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. Let's look at each one in more detail.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

MARCH 31, 2017

Practices and Process are Fads. A Process is a series of steps and decisions involved in the way work is completed. Here's my version in the form of questions that when answered form the foundation for the Practices and Processes. What does Done look like in units of measure meaningful to the decision makers?

Process 53

Process Engineering Software Developers Software Development 53

Project Pulse Journal

MARCH 7, 2024

This system encompasses processes, principles, understanding customer preferences, and best practices designed to optimize project outcomes while aligning with organizational objectives. 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

OCTOBER 12, 2018

It is applied through the application of systems engineering processes within a managed lifecycle working with a number of other management, engineering, and specialist disciplines. In Earned Value Management paradigm, progress is always measured as physical percent complete. The Measures of Performance are.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

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

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. Maintainability. Scalability. Availability.

Performance Measurement 39

Performance Measurement Estimate Risk Defining 39

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. Measure of Effectiveness.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

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. The CoU paradigm defines the needed reduction in uncertainty is some performance metric. This can be the confidence in the estimate for any variable.

Performance Measurement 35

Performance Measurement Technical Review 2017 2008 35

Techno-PM

SEPTEMBER 2, 2021

Project Execution is a project management strategy that incorporates continuous processes and activities to monitor, control, and communicate progress on projects. Controlling (ensuring effectiveness): Control is the process of ensuring that a system's output meets the needs and expectations of its stakeholders.

Executing 36

Executing Monitoring Performance Measurement Controlling 36

Herding Cats

NOVEMBER 19, 2018

The only answer to that is a measure of Physical Percent Complete (P%C). P%C starts with defining the Measures of Performance and Technical Performance Measures for each deliverable as a function of time. These measures are supported by Quantifiable Backup Data. What is your actual condition? .

2010 39

2010 Governance Government Performance Measurement 39

Herding Cats

MARCH 5, 2017

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? These are attributes to assure the system has the capability and capacity to perform. Related articles. Close Loop Thinking.

Software Review 28

Software Review Technical Review Performance Measurement Estimate 28

Herding Cats

DECEMBER 4, 2017

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.

2005 37

2005 Performance Measurement Closing Controlling 37

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

International Institute for Learning

OCTOBER 4, 2022

All companies desire to remain competitive and continuously improve their project management performance by becoming more efficient and more effective in the execution of their project management processes. Step 3: Be able to analyze the business and project management processes of other companies/organizations.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

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 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? So let's look at the principles, processes, and practices that will be in the White paper when it is complete.

Aerospace 37

Aerospace Estimate Governance Government 37

Herding Cats

JANUARY 19, 2018

Have sufficient Contingent Budget and Management Reserve to cover the cost variances from the naturally occurring cost behaviors, event-based impacts on cost, or cover things that go wrong with the Risk Cost coverage. Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities.

Performance Measurement 31

Performance Measurement Estimate Finance Manufacturing 31

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

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." The "bad management" is itself a symptom of untrained, inexperienced, unskilled decision making processes in the presence of uncertainty. . Let's look at what an estimate is.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

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

Wrike

MARCH 4, 2021

It’s a process that includes tracking, measuring, reviewing, and aligning their goals with your organization to ensure a profitable partnership. The vendor agreement signed by both parties ensures your relationship is well-defined and measurable, reducing the chances of misunderstandings or a failed project.

Performance Measurement 36

Performance Measurement Defining Monitoring Process 36

Herding Cats

JUNE 4, 2017

No matter the engineering processes used to produce the outcomes from the project. The test of the hypothesis for projects are the Measures of Effectiveness, Measures of Performance, Key Performance Parameters, and techTechnicalformance Measures used to assess progress to plan for the project. No Estimating?

Estimate 39

Estimate Risk Management Risk Engineering 39

Herding Cats

OCTOBER 16, 2018

PP&C lives in the domain of Project Management and Controls, which is a Technical Management Processes of ISO 15288. In ISO 15288 this is the role of the Risk Management Processes. Past performance data or the Model of the needed Future performance of the project? This is the desired outcomes model.

Aerospace 41

Aerospace Engineering 2012 2014 41

Techno-PM

SEPTEMBER 9, 2021

Program Management (PM) is the process of managing a set of related projects, or programs, to achieve an objective. This can make it difficult for executives with an interest in measurement to see success when all they are seeing is strategic planning without any hard evidence that anything has been accomplished.

Budget 36

Budget Monitoring Performance Measurement Defining 36

Herding Cats

JANUARY 5, 2017

This means having a set of Principles, Process, and Practices to test the suggestion against. These Five Immutable principles are time phased into Processes that provide answers to the Five Principles. and the connections between each Process are made to form a Closed Loop control systems needed to manage any project.

Estimate 81

Estimate Closing Controlling Defining 81

Herding Cats

AUGUST 14, 2016

Measure of Performance - characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. MOP's are attributes that assure the systems to capability to perform. TPMs assess the design process. They define compliance to performance requirements.

Performance Measurement 49

Performance Measurement Engineering Lean Software Developers 49

Herding Cats

MARCH 4, 2017

The uncertainty is always there, it doesn't go away with specific actions in specific domains, or with the use of any tools, processes, or practices. This includes the Measures of Effectiveness (MoE), Measures of Performance (MoP), Key Performance Parameters (KPP), and Technical Performance Measures (TPM) of the deliverables.

2010 28

2010 2007 Estimate Aerospace 28

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

OCTOBER 27, 2016

Risk Management is how Adults Manage Projects - Tim Lister. Both these drivers of risk will impact the probability of success of projects. Decision-making is the process of choosing among alternatives. The process of making a decision involves three elements: values, alternatives, and facts (Buede, 2009). [1].

2009 28

2009 2015 Influencer Performance Measurement 28