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Webinar Recap: Project Performance Measurement – Part 1: Overview Of Project Performance Measurements

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 1: Overview Of Project Performance Measurements, being provided by MPUG for the convenience of our members. Kyle: Hello, and welcome to part one of MPUGs Project Performance Measurement course.

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A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Governance. Integrated Master Plan: The Foundation of Program Success , College of Performance Management, May 21, 2014. The Nine "I's" of Program Success ," College of Performance Management. Project Performance Management. Building a Credible Performance Measurement Baseline. Project Breathalyzer.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

Discover the importance of organizational governance systems, delve into essential project-associated functions, learn how to navigate the project environment, and ensure you are communicating and building relationships with internal and external stakeholders.

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125 Project Management Buzzwords

The IIL Blog

Earned Value Management (EVM) A systematic approach to project performance measurement assessing schedule and cost performance. Milestone A specific point or event in a project is used to track progress and mark achievements. Feasibility Study An analysis of a project’s viability.

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Start with Principles, Not Personal Anecdotes

Herding Cats

We can estimate the total cost, total duration, and the probability that all the Features will be delivered on the program we are working for the US Government. In the project domain, an estimate is a calculated approximation of some desired measurement. In a forecast, the assumptions represent expectations of actual future events.

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Scrum Anti-Patterns GPT

Scrum.org

Misaligned Incentives : Tying management incentives to traditional performance measures incompatible with Scrum or agile principles​​. Lack of Stakeholder Engagement : Failure to involve key stakeholders in Scrum events, leading to misaligned expectations​​.

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Value First, Requires Margin and Contingency

Herding Cats

So how do you determine the cost and time when that Value should be available for use in the presence of the naturally occurring (aleatory) and event-based (epistemic) uncertainties that create the risk to that Value? But Value Can NOT be determined without knowing the cost and time to produce that Value.