Project Pulse Journal

MARCH 7, 2024

You will confidently align projects with organizational objectives, optimize resource utilization, and foster stakeholder engagement to deliver tangible value at every stage of the project lifecycle. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

Governance 52

Governance Government Technical Review Sustainability 52

ProjectManager.com

APRIL 1, 2019

Then on the project side, Jennifer recalled one in which the market was doing poorly. That resulted in costs going up for the work. Related: The Basics of Project Cost Management. It impacted the scope of the project. Learn how to keep your business or project running in the event of a disaster.

Underperforming Technical Team 315

Underperforming Technical Team Technical Review Risk Management Budget 315

Wrike

NOVEMBER 9, 2023

In their session, Kalpesh and Carolyn detailed how Radial’s PMO deployed Wrike to over 600 users within four months and it now serves as the system of record for the entire project life cycle. Whether you were there in real time and want to rewatch something or you couldn’t make the live event, head here for on-demand access to Collaborate.

2023 36

2023 PMO 2025 Project Life Cycle 36

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. Burndown Chart A tool in Agile project management that tracks the work completed and the work remaining to help teams manage progress.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Velociteach

APRIL 11, 2023

Regardless of the format, articulating the project’s intent is invaluable and harder than expected. Developing the charter often requires negotiating with stakeholders to align their support for the project. Including the project manager early in the process is advantageous. Risk management is an ongoing process.

Underperforming Technical Team 77

Underperforming Technical Team Risk Management Estimate Risk 77

MPUG

MARCH 30, 2020

PMI describes the Project Management Office (PMO) as a strategic driver for organizational excellence. The PMO seeks to enhance the practices of execution management, organizational governance, and strategic change leadership. Remember, People + Process = Success. Do any of the projects link back to corporate strategy or goals?

PMO 111

PMO Technical Review Governance Government 111

MPUG

APRIL 2, 2024

In this way, the construction of the pyramids was a complex project that required careful management in order to be successful. Project Management as a Profession As a Profession , it has its roots in the 1950s and 1960s when the U.S. government began using it to manage complex defense projects.

Certification 52

Certification PMI Logistics Construction 52

MPUG

JUNE 19, 2023

At the start of a project, we make our best educated guesses and assumptions, some of which we know will be incorrect. Through the process of doing the work, we learn more about the subject of our work and the processes we employ for our project objectives. Address any concerns or questions raised during this process. 

Development Team Review 52

Development Team Review Software Review Risk Management Budget 52

Planio

FEBRUARY 13, 2023

For example, if a new project costs $500,000, but is projected to make $1,000,000 in additional revenue per year, that is a good economic return. Project schedule and action plan: Show how you’ll take the initiative forward, including when you predict key events or milestones will be achieved. Download it here! ?

Initiating 78

Initiating Finance Lean Risk Management 78

Strategy Execution | PMO Perspectives

MAY 28, 2020

The recent UK Government’s enquiry into the management of major projects was cut short by world events, but the interim report and oral evidence make for interesting reading. [1] And of course, for our projects and our organisations, we don’t have Governments to bail us out.

Controlling 59

Controlling Estimate 2014 Underperforming Technical Team 59

Project Bliss

FEBRUARY 21, 2018

They’re called assumptions because you assume that for your project to move forward successfully as planned, these things will be in place. They’re events or situations considered to be true without absolute proof in the moment. You expect them to occur during the project. Budget – estimated cost of the project.

Technical Review 208

Technical Review Software Review Finance Monitoring 208

Epicflow Blog

DECEMBER 1, 2022

A project plan is based on a project charter, historical data and lessons learned, templates, and industry (or government) standards. . Creating a project management plan is important because: . it increases the efficiency of the project management process. . A Risk Register: Forewarned is Forearmed .

Risk Management 52

Risk Management Risk Initiating Monitoring 52

Online PM Courses

SEPTEMBER 3, 2018

Project Cost Management often puts people off. But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Project cost over-runs are common. The governance considerations for project cost management.

Project Cost 73

Project Cost Prince2 Budget Governance 73

Velociteach

MARCH 4, 2024

I designed processes that were certainly not used as we had hoped. And I was sort of pulled into important people’s offices, and I was patted on the back and got a “Well done, Rasmus, and off you go to your next project.” Why Projects Fail to Deliver? That’s sort of covering all types of projects. Well, so far, so good.

Consulting 59

Consulting Initiating Process Estimate 59

Herding Cats

NOVEMBER 27, 2016

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. Or ANY software project for that matter. The estimated completion cost for this program is $357,000,000 with an accuracy of $200,000 and a precision of $300,000.

Estimate 36

Estimate 2015 2017 Governance 36

Herding Cats

JULY 8, 2018

They are not the same, the processes of decision making are not the same. A Black Swan is a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations. Taleb speaks in his two books Fooled by Randomness and Black Swans mostly about financial markets, global political events like 9/11.

2002 34

2002 2008 Technical Review Software Review 34

Herding Cats

MARCH 11, 2017

This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. All project work has uncertainty. Uncertainty comes from the lack of precision and accuracy about the possible values of a measurement of a project attribute.

2003 46

2003 2014 2015 2011 46

Herding Cats

JULY 8, 2018

They are not the same, the processes of decision making are not the same. A Black Swan is a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations. Taleb speaks in his two books Fooled by Randomness and Black Swans mostly about financial markets, global political events like 9/11.

2002 28

2002 2008 Technical Review Software Review 28

MPUG

JULY 30, 2020

Please find below a transcription of the audio portion of Rich Murphy’s showcase session, Triskell Software for Enterprise Governance, being provided by MPUG for the convenience of our members. Kyle: Hello everyone, and welcome to today’s MPUG vendor showcase session, Triskell Software for Enterprise Governance.

Governance 52

Governance Government Software Review Software 52

MPUG

JULY 30, 2020

Please find below a transcription of the audio portion of Rich Murphy’s showcase session, Triskell Software for Enterprise Governance, being provided by MPUG for the convenience of our members. Kyle: Hello everyone, and welcome to today’s MPUG vendor showcase session, Triskell Software for Enterprise Governance.

Governance 52

Governance Government Software Review Software 52

Planio

MARCH 11, 2024

Project management is a risky business. Whether you’re launching a new product, migrating an IT server, or remodeling an operational process, project uncertainty contributes to 66% of projects failing (or partially failing) every year. Stronger communication and clearer expectations.

Risk 88

Risk Technical Review Risk Management Budget 88

Rebel’s Guide to PM

SEPTEMBER 3, 2021

Contingency can be defined as additional resources put aside to address potential risk and uncertainty in a project. Only 62% of projects complete within their original budget, according to PMI’s 2021 figures. Calculating Anticipated Final Cost and confidence range. Cost Baseline available through PMIstandards+ ).

Technical Review 297

Technical Review Software Review Estimate Risk Management 297

Workamajig

JANUARY 11, 2021

This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. Acceptance Criteria: A set of formal requirements that a project must pass before it can be accepted by the project sponsors. Approach Analysis is used during the Planning phase of each project.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Herding Cats

APRIL 16, 2019

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Cost, Schedule, and Technical Performance Management (#CSTPM). Governance (#Governance). Management Processes.

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Herding Cats

MAY 10, 2019

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., Michael, International Journal of Project Management , 19, pp. 3, March 2002.

Risk Management 38

Risk Management Risk Technical Review 2002 38

Susanne Madsen

JUNE 18, 2018

The project manager is the central point of coordination and communication , one minute focusing on detailed tasks, the next liaising with the customer and providing inspiration and a big picture vision for the team to follow. He must have attention to detail and also have the ability to lead and focus the team.

Prince2 96

Prince2 Risk Management Leadership Controlling 96

Herding Cats

MAY 11, 2019

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. Michael, International Journal of Project Management , 19, pp. 24, 2010.

Risk Management 35

Risk Management Risk Technical Review 2002 35

Herding Cats

AUGUST 5, 2017

Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway. The emerging risks that can be identified early in the project that impact the project later are often termed “known unknowns.” Risk Management Process Model.

Risk Management 42

Risk Management Risk Estimate Underperforming Technical Team 42

Herding Cats

MARCH 11, 2018

By the way, the pure conjecture that agile enables late changing requirements to not have a significant impact on the cost and schedule of the development project is completely lacking any testable evidence outside of personal anecdotes of agile advocates. Ontological uncertanty is the thrid form, but not applicable here.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Wrike

SEPTEMBER 19, 2019

You’re the head of operations for a top government weapons organization. But there are problems around every corner: insufficient project requirements, failure from leadership to recognize risk, managers setting poor collaboration processes, aggressive competition targeting you, and so much more. As Sean Carty, Wrike Sr.

Technical Review 44

Technical Review 2017 Budget Innovation 44

Teamweek

SEPTEMBER 24, 2020

Manage project tasks with intuitive to-do lists Automatically schedule events* and client check-ins Collaborate through message boards and group chat* Premium support ensures teams can stay working 24/7*. * Is Zoho Projects right for you? If you already use other Zoho tools, Zoho Projects is a no brainer. From $11.95

2020 98

2020 Software Underperforming Technical Team Budget 98

Herding Cats

AUGUST 22, 2018

We were on of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . This also meant developing software systems to support this effort.

Estimate 35

Estimate Underperforming Technical Team Technical Review Software Review 35

Herding Cats

JANUARY 23, 2019

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . link] Cost Estimating Tools. link] SEER Cost Estimating Tools.

Estimate 37

Estimate Technical Review Underperforming Technical Team Software Review 37

Herding Cats

FEBRUARY 9, 2019

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . Analytical Hierarchical Process . Some Model-Based Systems Engineering process.

Estimate 42

Estimate Technical Review Underperforming Technical Team Software Review 42

Herding Cats

MAY 7, 2019

So start here to build your academic foundation, that can be put to work to build a foundation of validated experience of making estimates in the presence of uncertainty and protect yourself from fallacious claims that estimates are a waste, not needed, and produce bad resulting in the decision making process for those paying you to produce value.

Estimate 40

Estimate Software Review Software 2012 40

Teamweek

FEBRUARY 15, 2023

But the SOP writing process doesn’t have to be complicated. Many industries and organizations use SOPs — including manufacturing, healthcare, and government. Source The goal of an SOP is to provide a standard and repeatable way of doing things so that the process is consistent and reliable and the outcomes are predictable.

Software Review 52

Software Review Healthcare Process Defining 52

MPUG

JUNE 1, 2022

As such, he oversees the production and maintenance of courses on project management, systems engineering, software development, business process improvement, and cyber security. I mentioned the five star because I saw this event is up on PMI. Jeff: Here are our process groups. Here are different processes.

PMI 59

PMI Software Review Estimate Risk Management 59