Remove Estimate Remove Performance Measurement Remove Software Developers Remove Strategy
article thumbnail

The 5 Phases of Project Management Process and Techniques

NimbleWork

Project management is a multifaceted discipline that combines techniques, processes, and strategies to plan, execute, monitor, and control projects effectively. “Projections indicate that the global project management software market is poised to reach $15.08 billion , with a projected CAGR of 10.68% by the year 2030.”

Process 52
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

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. Measures of Product Value is Exchange for Its Cost. Technical Performance Measures.

2003 54
article thumbnail

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

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 ). It can be the cost, schedule, and technical performance measures of the software project.

Closing 28
article thumbnail

Connecting "What" with "How" - and the Failure to Understand the Principles of Systems Engineering and Systems Management

Herding Cats

In most of the software development, this notion is missing - hence the quote that What is divided from How. In Earned Value Management paradigm, progress is always measured as physical percent complete. The MOE's belong to the End User - this is the what part of the development project.

article thumbnail

Definition of Done

Herding Cats

The common definition of the Definition of Done in agile software development is (mostly from the Scrum Alliance and other official Scrum sites): A simple list of activities (coding, comments, unit testing, integration, release notes, design documents, etc.) Do they characterize the major drivers of performance?

article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. With these business principles of software development and projects in general, we can ask and answer five principles of project success. What Resources will be needed to reach Done?