Decision Analysis - Ordinal and Cardinal Measures

Herding Cats

AHP is based on the principle that all measurements are relative. Using this method, the performance, cost, time, and risks of alternatives can be articulated as ratios that can then be compared with one another. Mathematically, the value equals performance over cost plus time.

2010 53

Project Versus Product in Agile Development

Herding Cats

But if the development work is a Project is a fixed period of performance, for a fixed (with margin) budget, and a fixed set of Capabilities, then the question is can agile be used to develop the software? Agree, and focus more on discovery since in *delivery* you have 4 problems: 1.

Agile 50

Biases in Project Management and How to Remove Them

Herding Cats

Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. What dos Done look like in units of measure meaningful to the decision makers?

4 Fallacious Reasons to Estimate and Why Those Are Fallacious

Herding Cats

I need an estimate because… I need to measure productivity. Although I understand measuring productivity could work well for repeatable activities, it's hard to believe it works well for abstract and, ultimately, non-repeatable tasks like software development.

Biases in Project Management and How to Remove Them

Herding Cats

Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. What dos Done look like in units of measure meaningful to the decision makers? What are the measures of physical percent complete needed to inform the decision makers of progress to plan in order to take corrective or preventive actions to stay on plan?

Project Status Reporting – 6 Key Considerations

Project Health Check

The entire purpose of the Start-up Phase of a Project is to produce a comprehensive Plan for the Project; consisting of an integrated Performance Measurement Baseline (Time, Cost, Scope) and an associated Project Management Plan to monitor and control it.

2017 233

Fallacy of the Week

Herding Cats

Technical outcomes and their performance - what did we get for our money? Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities. NoEstimates (is) An Unconventional Approach That Finally Solves The "Deliver On Time!" Problem. Let's deconstruct this conjecture. All project work operates in the presence of uncertainty.

Systems Engineering and Software Intensive System of Systems

Herding Cats

Finance, social, political. Technical Performance Measures. There was a Twitter post mentioning Russell Ackoff YouTube about systems. A system is never the sum of its parts, it's the product of their interactions. This is a good start, but it needs to produce actionable outcomes , not just principles, but practices and processes. How do you define, design, represent, assess, analyze, and manage these interactions.

Start with Principles, Not Personal Anecdotes

Herding Cats

In the project domain, an estimate is a calculated approximation of some desired measurement. His work has inspired a new generation of researchers in economics and finance to enrich economic theory using insights from cognitive psychology into intrinsic human motivation.”.

2003 51

Organizational Culture and Its Impact on Team Performance

ActiveCollab

Simply put, they suffer because their creativity and their performance is under the influence of drastically different organizational culture than they are used to. To understand how culture impacts team performance, we must first take a look at different types of company cultures.