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

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

The technical measures are a set of attributes used to provide the supplier (developer) and the acquirer (customer) with insight into the progress of the definition and development of the technical solution, the ongoing assessment of the associated risks and issues, and the likelihood of meeting the critical objectives of the acquirer (customer).

2005 37

2005 Performance Measurement Closing Controlling 37

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. Our topic is Increasing the Probability of Program Success Thorugh Continuous Risk Management. . Risk-Adjusted Plans. Cost Impacts.

Aerospace 37

Aerospace Estimate Governance Government 37

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? Add control points and measurements. This includes identifying process risks or sustainability measures to monitor the process.

Sustainability 120

Sustainability Process Underperforming Technical Team Lean 120

Herding Cats

JUNE 9, 2018

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. The success of a software product, service, and solution depends on good business, financial, and risk management. 2] "The effect of fast and slow decisions on risk taking," M.

Transportation 39

Transportation Software Engineering Finance 2011 39

Herding Cats

JUNE 19, 2017

The Cone of Uncertainty as a Technical Performance Measure. Uncertainty creates Risk. Risk management requires active reduction of risk. Active reduction requires we have a desired reduction goal, perform the work, and measure progress toward the rduction goal. Measure of Effectiveness.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

JUNE 9, 2018

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. The success of a software product, service, and solution depends on good business, financial, and risk management. 2] "The effect of fast and slow decisions on risk taking," M.

Transportation 28

Transportation Software Engineering Finance 2011 28

Herding Cats

JANUARY 22, 2017

Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. A critical success factor for all project work is Risk Management.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

FEBRUARY 4, 2017

Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. A critical success factor for all project work is Risk Management.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

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

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

APRIL 16, 2019

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Project Performance Management (#PPM). Risk Management (#RM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Governance (#Governance).

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

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. In both cases, these create a risk to the success of the project.

Manufacturing 40

Manufacturing Estimate Risk Management Budget 40

Herding Cats

AUGUST 12, 2016

Unrealistic performance expectations missing Measures of Effectiveness and Measures of Performance. Unrealistic Cost and Schedule estimates based on inadequate risk adjusted growth models. Inadequate accessment of risk and unmitigated exposure to these risks with proper handling plans.

Technical Review 28

Technical Review Estimate 2003 Aerospace 28

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

Herding Cats

MARCH 11, 2018

Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Now To Risk Management. Risk is the effect of uncertainty of objectives. ISO 31000:2009, ISO 17666:2016, and ISO 11231:2010 Risk is Uncertainty that Matters.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Herding Cats

AUGUST 5, 2017

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Risk management is essential to the success of any significant project. Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway.

Risk Management 42

Risk Management Risk Estimate Underperforming Technical Team 42

Herding Cats

NOVEMBER 29, 2017

Designing, building, testing, and deploying complex systems is fraught with risk. And as always risk comes from uncertainty. 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). .

Planning 42

Planning Software Review Governance Government 42

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. Carrying an Umbrella (Risk Buffer). Keeping a Spare Tire (Risk & Resource Buffer). Having Insurance (Risk Buffer). Most vehicles come with a spare tire.

2016 52

2016 Monitoring Risk Management Healthcare 52

Herding Cats

JANUARY 23, 2018

The goal of every program manager is to have a set of practices that connect all the programmatic planning, risk, and performance information in a single unified view needed to support the decisions that increase the probability of success of any project or program. Cost is measured in dollars and schedule is measured in time.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44

Herding Cats

NOVEMBER 5, 2018

In a previous post, Why Johnny Can't Estimate , mentioned some resources for estimating, the principles of business and technical management that demand estimates be made to make decisions, and background on the sources of uncertainty, that create risk, that require estimating to increase the probability of project success.

Software Review 34

Software Review Technical Review Estimate Software Developers 34

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." IT Risk Management. Risk Management is How Adults Manage Projects. Risk Management is How Adults Manage Projects.

Software Developers 28

Software Developers Software Development Software Review Software 28

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. Carrying an Umbrella (Risk Buffer). Keeping a Spare Tire (Risk & Resource Buffer). Having Insurance (Risk Buffer). Most vehicles come with a spare tire.

2016 52

2016 Monitoring Risk Management Healthcare 52

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. Jeff: You know, employees consistent risk evaluation. Where’s the talk about risk?

PMI 59

PMI Software Review Estimate Risk Management 59