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Operational Efficiency: A Quick Guide

ProjectManager.com

Operational efficiency is another way to look at work when you’re delivering a service or product, particularly popular in manufacturing. What is operational efficiency and how can you measure it to take advantage of its benefits? Regardless of the production, finance, administration, sales, etc., What Is Operational Efficiency?

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The Functions of a Project Management Office

Project Pulse Journal

Controlling PMO Industry Application - A controlling PMO is common in regulated industries like pharmaceuticals, healthcare, and finance. It includes monitoring the progress of projects in the portfolio, ensuring they deliver the expected benefits, and making necessary adjustments to the portfolio based on performance and strategic changes.

PMO 52
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Fallacy of the Week

Herding Cats

Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities. Architecture -Center ERP Systems in the Manufacturing Domain. It is a fallacy to say that you can deliver on time, every time - in the presence of uncertainty - without estimating.

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Misquotes of Deming

Herding Cats

The antithesis of the rogue agilist currently populating the #NoEstimates community, spending other people's money (which I doubt takes place on anything but de minimis projects) with no consideration for the principles of managerial finance. . Technical Performance Measures. Related articles. Who's Budget is it Anyway?

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Systems Engineering and Software Intensive System of Systems

Herding Cats

Finance, social, political. Technical Performance Measures. Architecture -Center ERP Systems in the Manufacturing Domain. This is a good start, but it needs to produce actionable outcomes , not just principles, but practices and processes. The notion that systems are somehow unmanageable is fine in some domains.

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Organizational Culture and Its Impact on Team Performance

ActiveCollab

Often focused on finance or manufacturing, companies that opted for this kind of culture rely heavily on annual business plans and key performance measurements. Controlled culture requires order and alignment based on clear data-driven goals and objectives.

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Start with Principles, Not Personal Anecdotes

Herding Cats

In the project domain, an estimate is a calculated approximation of some desired measurement. This is usually a cost, a completion date, a performance measure used in a closed loop control system to keep the project GREEN while delivering the needed Capabilities to produce the Value for the customer at the needed time for the needed cost.