Herding Cats

APRIL 16, 2019

Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Governance (#Governance). Managing projects in the presence of uncertainty means making decisions about cost, schedule, and technical performance all risk-adjusted , from the uncertainties that create risk.

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Project Pulse Journal

MARCH 7, 2024

Discover the importance of organizational governance systems, delve into essential project-associated functions, learn how to navigate the project environment, and ensure you are communicating and building relationships with internal and external stakeholders.

Governance 52

Governance Government Technical Review Sustainability 52

International Institute for Learning

OCTOBER 4, 2022

One company spokesperson commented: “We must have spent at least $1 million over the last several years developing an extensive template on how to evaluate the risks associated with transitioning a project from engineering to manufacturing. Identification of governance and leadership effectiveness. Step 5: Implementation of Changes.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

Herding Cats

DECEMBER 8, 2017

I work in a domain where the CoU is baked into the Integrated Program Performance Management (IPPM) processes flowed down from the buyer, in this case, the Federal Government. The CoU paradigm defines the needed reduction in uncertainty is some performance metric. This can be the confidence in the estimate for any variable.

Performance Measurement 35

Performance Measurement Technical Review 2017 2008 35

Herding Cats

DECEMBER 4, 2017

Measures of Performance - are performance measures that characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. Measures of Performance. The Technical Performance Measures. The decision.

2005 37

2005 Performance Measurement Closing Controlling 37

Herding Cats

OCTOBER 12, 2018

Systems engineering is an interdisciplinary field of engineering and engineering management that focuses on how to design and manage complex systems over their life cycles. In Earned Value Management paradigm, progress is always measured as physical percent complete. Technical Performance Measures.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

nTask

APRIL 28, 2021

In this article, you’ll learn how to document your business processes, and why this documentation is important for driving your sustainability agenda. How to document your business processes? Once a current performance measure has been determined, you can define your ideal situation based on meeting or surpassing standard requirements.

Sustainability 120

Sustainability Process Underperforming Technical Team Lean 120

Herding Cats

APRIL 29, 2017

We can't talk about estimates or estimate, without also talking about the precision and accuracy of the estimate (the noun) after we have performed the estimate (the verb). . What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something.

Estimate 46

Estimate Risk Management Risk SCRUM 46

Herding Cats

JANUARY 23, 2018

These publications tell us what ought to be done and why we ought to do it, but rarely if ever describe how to do it. . Determination of physical percent complete is rooted in performance measurement, the comparison of actual performance against an integrated baseline plan consisting of integrated cost, schedule, and technical goals.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44

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. In Kahnemann's Thinking Fast and Slow there are three biases. †.

Transportation 39

Transportation Software Engineering Finance 2011 39

Herding Cats

DECEMBER 5, 2017

We're working on a White Paper for the Joint Space Cost Council which is an organization composed of government (NRO, NASA, USAF, and others) and industry representatives with an interest in space. The topic was how can we start getting back to First Principles needed to increase the probability of success? All the easy stuff.

Aerospace 37

Aerospace Estimate Governance Government 37

Epicflow Blog

APRIL 25, 2024

’ And he replied, ‘OK, this is what I wanted to know’ ” Eli Schragenheim This paradigm shifts our perspective on how to approach uncertainty. Historical performance measured in Epicflow Conclusion While time buffers are valuable tools, their utility is severely compromised if capacity buffers are ignored.

2016 52

2016 Monitoring Risk Management Healthcare 52

Herding Cats

JUNE 19, 2017

The Cone of Uncertainty as a Technical Performance Measure. The Cone of Uncertainty as a Technical Performance Measure. Technical Performance Measures are one of four measures describing how a project is making progress to plan. Measure of Effectiveness. Measure of Performance.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

NOVEMBER 29, 2017

Much has been written about the sources of risk and how to Manage in the Presence of Uncertainty (This briefing describes how risk is managed for each element of the Integrated Master Plan). . Task narratives are often included when the government provides a Statement of Objectives rather than a more precise SOW.

Planning 42

Planning Software Review Governance Government 42

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. In Kahnemann's Thinking Fast and Slow there are three biases. †.

Transportation 28

Transportation Software Engineering Finance 2011 28

Epicflow Blog

OCTOBER 16, 2023

’ And he replied, ‘OK, this is what I wanted to know’ ” Eli Schragenheim This paradigm shifts our perspective on how to approach uncertainty. Historical performance measured in Epicflow Conclusion While time buffers are valuable tools, their utility is severely compromised if capacity buffers are ignored.

2016 52

2016 Monitoring Risk Management Healthcare 52

Herding Cats

OCTOBER 25, 2018

No matter the approach, success comes to those with skill and daring and a bounding framework. † There are two schools of thought on how to improve the execution of teams. Get the best people (A players), put them on the toughest problems and incent them to perform. [3] Continuous performance assessment by measuring the right thing.

Process 59

Process 2002 Underperforming Technical Team 2001 59

Herding Cats

JULY 9, 2018

Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters are the units of measure meaningful to the decision makers. Cost, Schedule, and these measures are tightly interconnected. No Deadlines. No not to exceed budgets.

2001 31

2001 Software Estimate Performance Measurement 31

Herding Cats

AUGUST 27, 2017

This all about me approach to spending other people's money creates barriers to addressing the Root Cause of project difficulties and most importantly inhibits open - free and frank - discussion of how to Increase the Probability of Project Success. This notion shows that governance is not considered a requirement for the business.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

MARCH 11, 2018

risks that may prevent the end item from performing as intended or not meeting performance expectations. Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters describe the measures of these expectations. Programmatic ?

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Herding Cats

JULY 9, 2018

Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters are the units of measure meaningful to the decision makers. Cost, Schedule, and these measures are tightly interconnected. No Deadlines. No not to exceed budgets.

2001 28

2001 Software Estimate Performance Measurement 28

Herding Cats

JANUARY 22, 2017

When actual measures of cost, schedule, and technical performance are outside the planned cone of uncertainty, corrective actions must be taken to move those uncertanties inside the cone of uncertanty, if the project is going to meet it's cost, schedule, and technical performance goals. .

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

FEBRUARY 4, 2017

The Measures that are modeled in the Cone of Uncertainty are the Quantitative basis of a control process that establishes the goal for the performance measures. This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM).

Technical Review 28

Technical Review Estimate 2005 Software Review 28

Herding Cats

NOVEMBER 5, 2018

The 2008 mortgage crisis for example (although many did an made lots of money), the government didn't. If they are, it's only because those working at the firm are clueless as to why they're there, what theyre supposed to be doing, and how to do it. They then deserve to be impacted by a Black Swan and go out of business.

Software Review 34

Software Review Technical Review Estimate Software Developers 34

Herding Cats

JANUARY 5, 2017

These charts are an extract from the book Performance-Based Project Management: Increasing the Probability of Project Success and the abstracted training materials Handbook. How to Avoid the "Yesterday's Weather" Estimating Problem. Related articles. Doing the Math. Hope is not a Strategy. Complex, Complexity, Complicated.

Estimate 81

Estimate Closing Controlling Defining 81

MPUG

JUNE 1, 2022

Meaning to say creating value, organizational governance and systems, functions associated with projects, the project environment, and product management considerations all provide the context for how project management could be conducted. Ultimately, how to tailor. And what are those dots? Optimizing the value delivered.

PMI 59

PMI Software Review Estimate Risk Management 59

Herding Cats

APRIL 5, 2016

The economic problem of society is thus not merely a problem of how to allocate "given" resources-if "given" is taken to mean given to a single mind which deliberately solves the problem set by these "data." First some questions: Is the economic data for the project available in a single mind? probably not.

Software Developers 28

Software Developers Software Development Software Review Software 28

Herding Cats

AUGUST 12, 2016

Unrealistic performance expectations missing Measures of Effectiveness and Measures of Performance. Defining the Measures of Performance, the resulting Measures of Effectiveness, and the Technical Performance Measures of the resulting project outcomes is a critical success factor.

Technical Review 28

Technical Review Estimate 2003 Aerospace 28

Herding Cats

JANUARY 29, 2018

The principles of microeconomics of decision making in the presence of uncertainty mandates you make estimates of how to achieve that Value in terms of cost and schedule, those three (and all) variables are random variables, usually driven by a stochastic process. There's a popular notion in Agile that says Focus on Value.

Manufacturing 40

Manufacturing Estimate Risk Management Budget 40

Herding Cats

AUGUST 5, 2017

Risk management is concerned with the outcome of future events, whose exact outcome is unknown, and with how to deal with these uncertainties. For risks that are beyond the vision of the project team a properly implemented risk management process can also rapidly quantify the risks impact and provide sound plans for mitigating its effect.

Risk Management 42

Risk Management Risk Estimate Underperforming Technical Team 42