Digital Transformation in Government Organizations: Tips from Microsoft, IBM, McKinsey, and PwC

Epicflow Blog

Though government organizations are not facing a threat of rivalry, one of the biggest challenges is meeting citizens’ requirements and bringing better results with smaller expenses and amount of time. So, let’s see the way top companies consider this process.

Thoughts on Suggestions That Violate Principles of Finance, Probability, and Statistics

Herding Cats

Calculating Value from Software Projects - Estimating is a Risk Reduction Process. The on-going discussions that Decisions can be made in the absence of estimates reminds me of this concept. .

A Real-World Success Story: New Zealand Government Improves Project Delivery

Planview

Meeting the demands of ever-changing priorities within a government can lead to inconsistent processes, departments with limited visibility into what is being worked on, and no ability to monitor investments. The New Zealand Government Case Study.

Accountability on a Agile Software Development in the Presence of Governance

Herding Cats

Self-Organizing is a powerful process. So for projects that spend other people's money in the presence of uncertainty - Governance is a means to establish those shared principles. Governance is about Decision Rights. You don't need governance, a Product Roadmap, and Release Plan.

The Classic Misunderstanding between Principles, Practices, and Process

Herding Cats

I've since lost my handbook issued at TRW for the Software Development Lifecycle processes used on the programs we worked, but the loop approach of plan, do, study, act was at the basis of that method. A recent Twitter post make the false claim that.

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Impacts of traditional project funding models on agile delivery

Kiron Bondale

A key enterprise partner is the Finance department and the organization’s model for project funding will have significant influence over successful agile delivery. Agile Project Portfolio Management agile project management Change management governance

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Project Versus Product in Agile Development

Herding Cats

When an agile advocate says, software development is a product, not a project, and provides all the reasons why the thought process needs to switch from project to products, they may be unfamiliar with how many businesses actually work.

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How to Fund a Software Development Project

ProjectManager.com

But greater flexibility generally requires a more skillful approach to governance and project management. What you need instead is advice on what process decisions you should consider, what your options are, and what the associated trade-offs are. The Secure Funding Process Goal.

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Cost and Value Management for Software Development

Herding Cats

This, of course, is a violation of the principles of Managerial Finance and Microeconomics of software development in the presence of uncertainty and scarce resources. Along with project returns, they facilitate decisions relating to project financing and funding.

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Get the ‘Right’ Project Controls & Enterprise Programme Management You Want

Arras People

The common narrative is that overlapping systems and processes produce similar versions of the same report with different results. High-Level ERP / EAM Process & Policy Requirements. Detailed ERP Process Requirements / Ways of Working. Finance management.

Biases in Project Management and How to Remove Them

Herding Cats

Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. Because of that, we don't separate the thinking processes into a dual-system.

DDSTOP The Saga Continues

Herding Cats

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 .

GAO Cost Estimating and Assessment Guide Applied to Agile

Herding Cats

Again, this is the basis of Managerial Finance. Risk Management has 6 processes, see SEI Continuous Risk Management. Maintain the Baseline with Repeatable Processes. The GAO Cost Estimating and Assessment Guide has 12 steps.

DDSTOP The Saga Continues

Herding Cats

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] Capers Jones Cost Estimating tools and processes.

The #NoEstimates Paradigm and Response

Herding Cats

When we hear a suggestion about a process that inverts the logic of normal business activities based on a governance framework - say Microeconomics of Software Development, we need to ask who benefits? Governance is about decision rights. Process improvement?

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An Introduction to Project Steering Groups

Girl's Guide to PM

You might use the term Project Board or Governance Committee, or something else that means a similar thing. Here’s an introduction to project steering groups as part of the governance framework so you can get yours set up and working on your project. The Governance Framework.

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Decisions Without Estimates?

Herding Cats

Let's look at each of these from the point of view of Managerial Finance and Economics of Decision Making the presence of Uncertainty. These two points of view are the basis of any credible business management process. This process is the basis of all risk management.

Program Manager Job Description – Plus! Cut & Paste Example

ProjectManager.com

Getting certified shows that they have proven their ability to manage many projects and can work on complicated processes that cross various functions, organizations, regions and even cultures. They might do this themselves or contract specialists to facilitate the communications process.

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4 Fallacious Reasons to Estimate and Why Those Are Fallacious

Herding Cats

Similarly, product lifecycle management (PLM) integrates people, data, processes and business systems. The audit, surveillance, performance reporting, measurement are at the core of all business processes. First - backlog prioritization is essentially a sorting process.

The Origins of Scrum and Empirical Closed Loop Control

Herding Cats

Scrum is) more defined rather than empirical process. So when we hear anything about the current state of Agile or even that Scrum is NOT empirical and needs to be replaced, ask what new process is being suggested that will meet Dr. Carter's definition?

DDSTOP The Saga Continues

Herding Cats

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." . Where's the process that defines that priority order? .

Black Swans

Herding Cats

This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development. They are not the same, the processes of decision making are not the same. One that follows the standard Risk Management process model in use today.

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Biases in Project Management and How to Remove Them

Herding Cats

Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. Because of that, we don't separate the thinking processes into a dual-system. And of course, those are biased, filtered are fed back into System One at a later date, creating more bias to the decision-making process in the future.

Fallacy of the Week

Herding Cats

This decision is a Managerial Finance process operating in the presence of the Microeconomics of decision making with all the uncertainties of the market, development cost and of course risk created by uncertainty. That statement violates the principles of Microeconomics, Managerial Finance, the Probability and Statistics of decision making, and common sense. Five Different Decision-Making Strategies That Don't Need Estimates. This is from a #Noestimates presentation.

How to Scale Your Business

ProjectManager.com

Do this early in the process, of course, but also do it often to revise as necessary. Upgrade Technology: To help the process of growth, you’ll want to automate as much as you can, which means investing in new management software and tools that can handle the new scale of the organization.

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Best Program Management Tools for Managers

ProjectManager.com

By knowing the parts that make up the whole of the process, you can then better determine which tools can help you out as you move through each of these stages. Governance: the health and progress of the program. Finances: tracking costs of the program.

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Value, Cost and Business Decision Making

Herding Cats

The decision process here usually starts with some target margin compared to the industry in general and the local conditions supported by the margin. So another conjecture heard from #Noestimates advocates of Focus on Value not on Cost must be assessed from the Managerial Finance point of view, informed by the market dynamics of the offering. This is an immutable principle of business managerial finance, and it must be followed if we have any hope of staying in business.

Using Digital Transformation to Be More Efficient

ProjectManager.com

Digital transformation can be something as narrow as deciding to go paperless, or as wide as impacting entire segments of society, such as governance, mass communications, art, medicine and science. But it also involves process, in that it encompasses workflows, tasks , approaches and methods.

2018 372

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

You need to understand risk and finances, and evaluate projects based on ROI. The Portfolio Manager may also establish portfolio governance standards and procedures for approvals, reporting and other needs. You’d establish processes and procedures that your team would follow.

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Black Swans

Herding Cats

This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development. They are not the same, the processes of decision making are not the same. These behaviors are by their nature intractable to standard project management processes. One that follows the standard Risk Management process model in use today. One of the books used by a vocal No Estimates advocate is Black Swans by Nassim Taleb.

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Value, Cost and Business Decision Making

Herding Cats

The decision process here usually starts with some target margin compared to the industry in general and the local conditions supported by the margin. So another conjecture heard from #Noestimates advocates of Focus on Value not on Cost must be assessed from the Managerial Finance point of view, informed by the market dynamics of the offering. This is an immutable principle of business managerial finance, and it must be followed if we have any hope of staying in business.

Project Cost Management – The Essential Things to Know and Do

Online PM Courses

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. Your ‘Project Cost Management Plan’ Establishing your costs – the processes of estimating and budgeting.

Digital Transformation & Artificial Intelligence: Is your Organization ready?

Digite

This allows the processing of large datasets quickly and cost-effectively. The more information is available for processing, the more the AI systems can learn and the more accurate their predictions and decisions will be.

2018 146

ASC 606: It's coming for you

Keyedin

Back in 2014 when you first heard that revenue recognition standards were changing, you probably thought “Oh revenue recognition, finance can deal with that” or worse “December 2018, I’ll deal with it then.” ” Well guess what, ASC 606 isn’t just a finance problem, and the deadline part, it’s sooner than you think. Are you sure it’s not just a finance problem?

Why You Should Align Strategy, Financials, and Execution

Planview

The following content is taken from the whitepaper, “Portfolio-Driven Performance: The 7 Process Areas That Drive IT and Business Results,” written by Jerry Manas. Process Area 1: Strategic Planning and Funding. Process Area 2: Aligning Strategy and Operations.

ASC 606: It's coming for you

Keyedin

Back in 2014 when you first heard that revenue recognition standards were changing, you probably thought “Oh revenue recognition, finance can deal with that” or worse “December 2018, I’ll deal with it then.” ” Well guess what, ASC 606 isn’t just a finance problem, and the deadline part, it’s sooner than you think. Are you sure it’s not just a finance problem?

A Cheat Sheet for Project Manager Knowledge Transfers

LiquidPlanner

Project Governance. Project Governance. This checklist item includes reviewing the communication plan but it also includes all the governance processes to ensure the project is executing correctly. Related: Project Governance for Distributed Teams.

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Roles and Responsibilities Template [Free Word Doc]

Girl's Guide to PM

However, your project might need a range of other different roles including: Testers Architects Designers/UX experts Construction experts Health and safety experts Lawyers Marketing expert Press and media relations expert Sales expert Customer Services expert Finance expert.

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Preventing Kickbacks to Those with the Power to Purchase

Project Risk Coach

He is the author of The Little Book of Local Government Fraud Prevention and Preparation of Financial Statements & Compilation Engagements. It’s much easier to detect fraudulent payments made to the finance director, for example.

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What is a Stakeholder in Project Management?

Planio

A 3-part stakeholder management process for keeping everyone happy. Create and enforce transparent processes for communication. Project sponsor: The person or group who is financing the project. A 3-part stakeholder management process for keeping everyone happy.

2018 295