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Webinar Recap: Project Performance Measurement – Part 1: Overview Of Project Performance Measurements

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 1: Overview Of Project Performance Measurements, being provided by MPUG for the convenience of our members. You can’t influence that project.

What Is Corporate Governance & How Can it Impact My Project?

ProjectManager.com

While making money is the overriding mandate of any for-profit enterprise, each individual organization is governed by its own set of standards and practices. Those standards and practices are called corporate governance, and they are going to influence your project. While managing a project it is easy to become myopic and focus solely on success as measured by the project. All these factors are counted and calculated into corporate governance.

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A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management. Project Governance. Integrated Master Plan: The Foundation of Program Success , College of Performance Management, May 21, 2014. The Nine "I's" of Program Success ," College of Performance Management. Forming, Storming, Norming, Performing, and Adjourning. Project Performance Management. Building a Credible Performance Measurement Baseline. Risk Management. Governance.

2008 45

Compendium of Works to Increase Probability of Project Success

Herding Cats

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). The overarching theme is focused on defining what Done looks like, assessing progress toward Done in units of measure meaningful to the decision makers.

2015 37

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

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. The emerging risks that can be identified early in the project that impact the project later are often termed “known unknowns.” Risk management structure.

2017 37

INVEST, Scrum and Enterprise IT

Herding Cats

Risk interaction within systems and subsystems, between functional and physical elements, can also be modeled with DSM. DSM models interacting risks in a graphical representation produce numerical simulations of the risk and impacts on the probability of program success. The direction of influence from one element to another is captured by an arrow in place of a simple link. Traditional risk models cannot model loops. Actual risks contain loops.

2018 31

INVEST, Scrum and Enterprise IT

Herding Cats

Risk interaction within systems and subsystems, between functional and physical elements, can also be modeled with DSM. DSM models interacting risks in a graphical representation produce numerical simulations of the risk and impacts on the probability of program success. The direction of influence from one element to another is captured by an arrow in place of a simple link. Traditional risk models cannot model loops. Actual risks contain loops.

2018 28

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Most post-mortems of these software disaster projects have shown that their problems would have been avoided or strongly reduced if there had been an explicit early concern with identifying and resolving their high-risk elements. Now To Risk Management. Risk is the effect of uncertainty of objectives.

2007 32

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. The Project should then be reporting its status regularly to senior management via a Status Report, as part of its overarching Governance arrangement. Governance Status Reporting

2017 192

Does your organization truly support project management?

Kiron Bondale

Organizational project management support can be either a blocker in lower maturity companies or an accelerator to project performance in higher maturity ones. Establishing a PMO within a low maturity organization but not vesting it with the authority or sponsorship to influence behaviors and culture can be the kiss of death. Objectives and performance measures for these staff should include a healthy balance between operational and project success metrics.

2016 121

Why Johnny Can't Do The Math

Herding Cats

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. The 2008 mortgage crisis for example (although many did an made lots of money), the government didn't.