Expert insights. Personalized for you.
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. MORE
Project management (PM) dates back as far as there has been a need to achieve things. Project management as we know it today began to reveal itself during the industrial revolution, when businesses and industries began to expand rapidly and automation was introduced into sectors. MORE
Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. MORE
There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. Adaptability is of little use if you don't know the boundaries of the technology, processes, and uncertainties of the problem. MORE
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? IT Risk Management. MORE
A key enterprise partner is the Finance department and the organization’s model for project funding will have significant influence over successful agile delivery. It can result in higher risk, premature financial commitments. It can also encourage sloppy product management. MORE
Calculating Value from Software Projects - Estimating is a Risk Reduction Process. Intellectual Honesty of Managing in the Presence of Uncertainty. The on-going discussions that Decisions can be made in the absence of estimates reminds me of this concept. . MORE
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. Overlooking key project risks. They provide the mechanism for managing cash flow during the course of the project. MORE
There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. Because of that, we don't separate the thinking processes into a dual-system. A process based on tangible evidentiary materials. . MORE
In recent years, portfolio management has evolved from an administrative process, in which projects are selected and prioritised, to one of the key ways in which organisations can focus on strategy implementation. Effective Portfolio Management. MORE
He is the author of The Little Book of Local Government Fraud Prevention and Preparation of Financial Statements & Compilation Engagements. Last week, Harry and I were running, and he told me about his procurement risk blog series. Given this risk, what can be done? MORE
If you’re looking for a program manager, then that means you’re looking for someone to manage a project portfolio. A program manager is just that, a person who is responsible for managing several projects at once, and they might even have to manage many programs. MORE
The client called the project manager to ask if the final performance test and approvals meeting could be moved to Friday, one day delay, ‘it would fit in really well because Sarah (Technical Manager) will be in the office’. 2] Project Management Institute, Inc. MORE
PCI DSS compliance is critical for any business that handles credit card processing. A project management approach is one of the best ways to help your company work through a PCI audit. But how can you implement project management during PCI compliance? This article will cover the benefits of using project management and provide specific steps for implementing this approach during PCI DSS. Why Use A Project Management Approach For PCI Compliance? MORE
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. Here's a book review from 2008, about Black Swans and Fooled By Randomness in the context of managing software development in the presence of uncertainty. All is good so far until he mentions these concepts are applicable to the management of projects. MORE
There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. 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. MORE
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. MORE
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. MORE
What is the best project management software for your team and your project? Is there a project management app that fits everybody’s requirements? So how do you choose the best project management software for your team? Do we have a favorite project management methodology? MORE
Are you preparing to become a project manager but you don’t know where to start? We’ve put together an extensive guide for you to serve as a beginning point and reference for your future career as a project manager. – the basic personality traits of a good manager. MORE
Corrective Action/Preventative Action: Productivity in software development is simple to define and measure: One start is to use Earned Value Management, but we won't get there. This is standard Product Management. Done by every Product Manager for every Product Company. MORE
Again, this is the basis of Managerial Finance. Uncertainty creates risk. Risk Management is how Adults Manage Projects - Tim Lister. Conduct Schedule Risk Analysis. Uncertanty creates Risk. Maintain the Baseline with Repeatable Processes. MORE
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. MORE
A 3-part stakeholder management process for keeping everyone happy. Step 3: Best practices for stakeholder management and communication. Create and enforce transparent processes for communication. Project sponsor: The person or group who is financing the project. MORE
One of the 4 summary root causes of project performance failures is Unrealistic Cost and Schedule Estimates based on inadequate risk-adjusted growth models. One notion in a governance paradigm is It's Not Your Money . Risk Management is how adults manage projects - Tim Lister. MORE
Project management consultancy Dada Enterprises has released a copy of the webinar it presented on designing the ‘right’ Project Controls Solutions for an organisation. High-Level ERP / EAM Process & Policy Requirements. Programme Management (PgM3). MORE
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. MORE
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. MORE
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. The role of the Project Manager in each category is dramatically different. MORE
There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. The ±10% value has no context (as usual), but that range is certainly possible using the processes of probabilistic modeling of the project. MORE
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. So, in this feature article, we’ll look at: What project cost management is. MORE
We’ve said it before and we’ll say it again, Project Managers (PMs) live and die by the Plan. The Project should then be reporting its status regularly to senior management via a Status Report, as part of its overarching Governance arrangement. MORE
Also, read Strategic Performance Management: Leveraging and Measuring Your Intangible Value Drivers. Do the highest technical risk first. ALL risk comes from uncertainty. Here are a short list of papers on Aleatory and Epistemic uncertainty , the risk it creates. And the technical risk is only one of three classes. There may be a high technical risk, but it can be handled quickly for very little money. IT Risk Management. MORE
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? MORE
Have you ever wondered what career path could be next on the project manager career ladder? There are many possible options where you can apply the valuable skills you’ve honed as a project manager. I previously wrote about the different career paths that can lead to project management. MORE
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. MORE
Project turnover should be minimized, but project manager changes are a reality. I’ve seen project managers get promoted, moved to different projects, quit or simply be replaced. Project Document Management. Project Governance. Vendor Management. Project Governance. MORE
There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. They don't care about cost, risk, schedule, the probability that they'll get what they paid you for. Irreducible Schedule Risk. MORE
This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. MORE
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. MORE
Project management (PM) dates back as far as there has been a need to achieve things. Project management as we know it today began to reveal itself during the industrial revolution, when businesses and industries began to expand rapidly and automation was introduced into sectors. MORE
Finance Governance Process Risk Management Herding Cats
MAY 10, 2019
Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management.
Herding Cats
MAY 11, 2019
This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects.
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Herding Cats
MAY 23, 2016
Calculating Value from Software Projects - Estimating is a Risk Reduction Process. Intellectual Honesty of Managing in the Presence of Uncertainty. The on-going discussions that Decisions can be made in the absence of estimates reminds me of this concept. .
Herding Cats
JANUARY 2, 2017
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.
Planview
APRIL 12, 2018
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.
Arras People
AUGUST 7, 2019
Project management consultancy Dada Enterprises has released a copy of the webinar it presented on designing the ‘right’ Project Controls Solutions for an organisation. High-Level ERP / EAM Process & Policy Requirements. Programme Management (PgM3).
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Herding Cats
NOVEMBER 21, 2018
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. Overlooking key project risks. They provide the mechanism for managing cash flow during the course of the project.
ProjectManager.com
MARCH 8, 2018
If you’re looking for a program manager, then that means you’re looking for someone to manage a project portfolio. A program manager is just that, a person who is responsible for managing several projects at once, and they might even have to manage many programs.
ProjectManager.com
MARCH 27, 2019
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.
Project Health Check
OCTOBER 9, 2017
We’ve said it before and we’ll say it again, Project Managers (PMs) live and die by the Plan. The Project should then be reporting its status regularly to senior management via a Status Report, as part of its overarching Governance arrangement.
Project Bliss
OCTOBER 3, 2017
Have you ever wondered what career path could be next on the project manager career ladder? There are many possible options where you can apply the valuable skills you’ve honed as a project manager. I previously wrote about the different career paths that can lead to project management.
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Planio
SEPTEMBER 18, 2018
A 3-part stakeholder management process for keeping everyone happy. Step 3: Best practices for stakeholder management and communication. Create and enforce transparent processes for communication. Project sponsor: The person or group who is financing the project.
Herding Cats
JULY 16, 2017
Again, this is the basis of Managerial Finance. Uncertainty creates risk. Risk Management is how Adults Manage Projects - Tim Lister. Conduct Schedule Risk Analysis. Uncertanty creates Risk. Maintain the Baseline with Repeatable Processes.
Herding Cats
JUNE 9, 2018
There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. Because of that, we don't separate the thinking processes into a dual-system. A process based on tangible evidentiary materials. .
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. So, in this feature article, we’ll look at: What project cost management is.
Herding Cats
JANUARY 22, 2018
Also, read Strategic Performance Management: Leveraging and Measuring Your Intangible Value Drivers. Do the highest technical risk first. ALL risk comes from uncertainty. Here are a short list of papers on Aleatory and Epistemic uncertainty , the risk it creates. And the technical risk is only one of three classes. There may be a high technical risk, but it can be handled quickly for very little money. IT Risk Management.
Strategy Execution | PMO Perspectives
JULY 4, 2019
In recent years, portfolio management has evolved from an administrative process, in which projects are selected and prioritised, to one of the key ways in which organisations can focus on strategy implementation. Effective Portfolio Management.
Herding Cats
JUNE 9, 2018
There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. 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.
LiquidPlanner
APRIL 17, 2018
Project turnover should be minimized, but project manager changes are a reality. I’ve seen project managers get promoted, moved to different projects, quit or simply be replaced. Project Document Management. Project Governance. Vendor Management. Project Governance.
Strategy Execution | PMO Perspectives
AUGUST 22, 2019
The client called the project manager to ask if the final performance test and approvals meeting could be moved to Friday, one day delay, ‘it would fit in really well because Sarah (Technical Manager) will be in the office’. 2] Project Management Institute, Inc.
Brad Egeland
AUGUST 23, 2019
PCI DSS compliance is critical for any business that handles credit card processing. A project management approach is one of the best ways to help your company work through a PCI audit. But how can you implement project management during PCI compliance? This article will cover the benefits of using project management and provide specific steps for implementing this approach during PCI DSS. Why Use A Project Management Approach For PCI Compliance?
Herding Cats
DECEMBER 30, 2017
One of the 4 summary root causes of project performance failures is Unrealistic Cost and Schedule Estimates based on inadequate risk-adjusted growth models. One notion in a governance paradigm is It's Not Your Money . Risk Management is how adults manage projects - Tim Lister.
Herding Cats
FEBRUARY 9, 2019
There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. The ±10% value has no context (as usual), but that range is certainly possible using the processes of probabilistic modeling of the project.
Herding Cats
JUNE 18, 2017
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.
Binfire
FEBRUARY 22, 2017
What is the best project management software for your team and your project? Is there a project management app that fits everybody’s requirements? So how do you choose the best project management software for your team? Do we have a favorite project management methodology?
Herding Cats
JANUARY 23, 2019
There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. Adaptability is of little use if you don't know the boundaries of the technology, processes, and uncertainties of the problem.
Girl's Guide to PM
MAY 28, 2018
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.
Herding Cats
JULY 8, 2018
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. The role of the Project Manager in each category is dramatically different.
ProjectManager.com
DECEMBER 20, 2018
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.
Herding Cats
AUGUST 22, 2018
There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. They don't care about cost, risk, schedule, the probability that they'll get what they paid you for. Irreducible Schedule Risk.
Herding Cats
AUGUST 27, 2017
Corrective Action/Preventative Action: Productivity in software development is simple to define and measure: One start is to use Earned Value Management, but we won't get there. This is standard Product Management. Done by every Product Manager for every Product Company.
Herding Cats
SEPTEMBER 15, 2016
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?
Paymo App
JANUARY 19, 2018
Are you preparing to become a project manager but you don’t know where to start? We’ve put together an extensive guide for you to serve as a beginning point and reference for your future career as a project manager. – the basic personality traits of a good manager.
Herding Cats
SEPTEMBER 7, 2016
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? IT Risk Management.
Keyedin
APRIL 22, 2019
Project management (PM) dates back as far as there has been a need to achieve things. Project management as we know it today began to reveal itself during the industrial revolution, when businesses and industries began to expand rapidly and automation was introduced into sectors.
Keyedin
MARCH 8, 2019
Project management (PM) dates back as far as there has been a need to achieve things. Project management as we know it today began to reveal itself during the industrial revolution, when businesses and industries began to expand rapidly and automation was introduced into sectors.
Herding Cats
JULY 8, 2018
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. Here's a book review from 2008, about Black Swans and Fooled By Randomness in the context of managing software development in the presence of uncertainty. All is good so far until he mentions these concepts are applicable to the management of projects.
Herding Cats
MAY 25, 2018
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 Risk Coach
JULY 17, 2017
He is the author of The Little Book of Local Government Fraud Prevention and Preparation of Financial Statements & Compilation Engagements. Last week, Harry and I were running, and he told me about his procurement risk blog series. Given this risk, what can be done?
Herding Cats
MAY 25, 2018
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.
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