MPUG

MAY 14, 2021

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 2: What to Measure and How to Report, being provided by MPUG for the convenience of our members. Kyle: And welcome to Part 2 of MPUG’s Project Performance Measurement course.

Performance Measurement 59

Performance Measurement Underperforming Technical Team Software Engineering PMI 59

Herding Cats

APRIL 16, 2019

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Technical Performance Measures (#TPM). Governance (#Governance).

Risk Management 42

Risk Management Performance Measurement Technical Review Agile 42

Kiron Bondale

APRIL 17, 2016

The April 2016 issue of PM Network provided updated project management capability findings from PMI’s 2016 Pulse of the Profession ® report. An unfortunate statistic is that only 38% of organizations are placing a high priority on creating a culture which recognizes the importance of project management.

PMO 120

PMO PMI Risk Management 2016 120

Herding Cats

OCTOBER 11, 2016

I work in the Software Intensive System of Systems domains in Aerospace, Defense, Enterprise IT (both commercial and government) applying Agile, Earned Value Management, Productive Statistical Estimating (both parametric and Monte Carlo), Risk Management, and Root Cause Analysis with a variety of capabilities.

Performance Measurement 28

Performance Measurement Estimate Risk Management Aerospace 28

LiquidPlanner

MAY 28, 2020

Statements of work are very common in project management, so you are going to come across many more in your career. Dependencies on other tasks or projects should also be included so you can adequately manage them together. Governance. The SOW should also talk about project governance. . The more detail the better!

Software Review 139

Software Review Risk Management Performance Measurement Governance 139

International Institute for Learning

OCTOBER 4, 2022

All companies desire to remain competitive and continuously improve their project management performance by becoming more efficient and more effective in the execution of their project management processes. The internal organizational units can also be responsible for evaluating external literature related to project management.

Risk Management 59

Risk Management Underperforming Technical Team Aerospace PMO 59

Herding Cats

NOVEMBER 19, 2018

Here's the three questions, and the framework for the answers in the project management domain. The only answer to that is a measure of Physical Percent Complete (P%C). P%C starts with defining the Measures of Performance and Technical Performance Measures for each deliverable as a function of time.

Risk Management 39

Risk Management SCRUM Performance Measurement Risk 39

Workamajig

JANUARY 11, 2021

Project management terminology can be complicated. It doesn’t matter whether you’re working towards your PMP certification or simply managing projects casually in your organization, knowing core project management terms always helps. All Project Management Terms. All work is divided into short bursts called "sprints".

Risk Management 78

Risk Management Underperforming Technical Team Estimate Project Life Cycle 78

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. Systems engineering has its roots in the fundamentals, principles, and models of foundational systems sciences, and associated management and engineering sciences.

Engineering 32

Engineering Risk Management Performance Measurement Underperforming Technical Team 32

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.

Risk Management 37

Risk Management Estimate Risk Aerospace 37

Herding Cats

APRIL 30, 2019

Root Cause Analysis is Risk Management, that asks the question what is the condition or activity that will create a risk to the success of our project? With this information, the management of the project installs corrective or preventive actions to remove or reduce as much as possible those conditions and activities.

Software Review 41

Software Review Risk Management Technical Review Estimate 41

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 Risk Management Performance Measurement Estimate 35

Herding Cats

JANUARY 22, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Prentice-Hall, 1981. So the question is? -

Risk Management 28

Risk Management Technical Review Estimate Software Review 28

Herding Cats

JANUARY 14, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates or any other project attribute (in this post, cost, schedule, and technical performance parameters). Aleatory and Epistemic uncertainties, which create risk to the success of the project. Prentice-Hall, 1981. So the question is? -

Risk Management 28

Risk Management Technical Review Software Review Estimate 28

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 Risk Management Engineering 44

Herding Cats

APRIL 29, 2017

The best starting point for determining the NEEDED precision and accuracy is to determine the Value at Risk. . If I'm risking two weeks of work for the Scrum team of 5 people it's a much different need from the risk of a $10B manned spaceflight program being supported to congress for budget authorization. . Answer 2 weeks.

Estimate 46

Estimate SCRUM Risk Management Agile 46

Herding Cats

FEBRUARY 4, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Prentice-Hall, 1981. So the question is? -

Risk Management 28

Risk Management Estimate Technical Review Software Review 28

Herding Cats

JULY 17, 2017

The management of SISoS is really no different than the management of any other enterprise class software system. There are several partitions of this information that are common in building the Performance Measurement Baseline (PMB). Several other government estimating organizations.

Estimate 34

Estimate Risk Management Performance Measurement Budget 34

Herding Cats

JANUARY 17, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Prentice-Hall, 1981. So the question is? -

Risk Management 28

Risk Management Estimate Technical Review Software Review 28

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. IEEE Transactions on Engineering Management , 57 (4), pp.

Technical Review 35

Technical Review Performance Measurement Estimate Software Review 35

Herding Cats

DECEMBER 4, 2017

Project Controls are Management Actions, either preplanned to achieve the desired result, or taken as a corrective measure prompted by the monitoring process. Project controls are concerned with the metrics of the project – quantities, time, cost, and other resources and their measurable beneficial outcomes for the project.

Performance Measurement 37

Performance Measurement Controlling Risk Management 2005 37

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 Risk Management Technical Review 42

nTask

APRIL 28, 2021

It’s important to manage your business outputs, aka the product/service/project, but to then supplement this management by process control – especially when it comes to creating a sustainable business, as I’ll explain. Add control points and measurements. For instance, you might have a sustainability-led project in mind.

Sustainability 120

Sustainability Process Underperforming Technical Team Defining 120

Herding Cats

JUNE 4, 2017

Risk Management is How Adults Manage Projects - Tim Lister. No risk management plan with mitigations, the risks are still there, and we're not managing other people's money like adults. Estimating is part of risk management. Estimating is part of risk management.

Risk Management 39

Risk Management Estimate SCRUM Risk 39

MPUG

JUNE 1, 2022

Melanie: Jeff is currently the Training and Development Manager for Edwards Performance Solutions. As such, he oversees the production and maintenance of courses on project management, systems engineering, software development, business process improvement, and cyber security.

Risk Management 59

Risk Management PMI Estimate Planning 59

Herding Cats

JANUARY 29, 2018

In both cases, these create a risk to the success of the project. These risks - aleatory and epistemic - must be handled in some way if they are to not have an undesirable impact on the outcome of the project. IT Risk Management. Focusing on Value is good business practice, common sense, and completely logical.

Risk Management 40

Risk Management Agile Estimate 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.

Estimate 28

Estimate Risk Management Technical Review Risk 28

Herding Cats

JUNE 4, 2016

It is wrong to suppose that if you can’t measure it, you can’t manage it – a costly myth. This community of program controls, cost analyst, earned value managers and program managers is accountable for providing information to decision makers on enterprise and complex projects and programs. Technical Performance Measures.

Estimate 28

Estimate Software Engineering Risk Management Performance Measurement 28

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. 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. These principles originate in: .

Software Engineering 39

Software Engineering Risk Management Software Review Software Developers 39

Herding Cats

AUGUST 12, 2017

KPPs have a threshold or objective value that characterize the major drivers of performance that are considered Critical to Customer (CTC). Technical Performance Measures (TPM) – are attributes that determine how well a system or system element is satisfying or expected to satisfy a technical requirement or goal. Scalability.

Performance Measurement 39

Performance Measurement Estimate Agile Risk 39

Herding Cats

JULY 9, 2018

In this domain, we applied traditional program and project management methods for cost and schedule management at the top level. The system can be a business system, a collection of hardware and software for defense or space, a weapons systems, a business management systems. Systems Management 2 (2001) 325–345, IOS Press.

Software 31

Software 2001 Estimate Agile 31

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. 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. These principles originate in: .

Software Engineering 28

Software Engineering Risk Management Software Review Software Developers 28

Herding Cats

JUNE 7, 2018

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. Traditional risk models cannot model loops.

SCRUM 32

SCRUM Underperforming Technical Team Risk Management Software Engineering 32

Herding Cats

APRIL 5, 2016

He was not a program manager of engineered to order software intensive system of systems. In our domain this is the Performance Measurement Baseline, which is a time-phased budget plan for accomplishing work against which contract performance is measured. IT Risk Management. probably not.

Software Developers 28

Software Developers Software Development Software Review Software 28

Herding Cats

JULY 9, 2018

In this domain, we applied traditional program and project management methods for cost and schedule management at the top level. The system can be a business system, a collection of hardware and software for defense or space, a weapons systems, a business management systems. Systems Management 2 (2001) 325–345, IOS Press.

Software 28

Software 2001 Estimate Agile 28

Herding Cats

JUNE 7, 2018

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. Traditional risk models cannot model loops.

SCRUM 28

SCRUM Underperforming Technical Team Risk Management Software Engineering 28

Herding Cats

OCTOBER 1, 2016

For any closed loop control system ‒ let’s assume we want to manage our project with such a system ‒ has a signal representing the current state of the system. It can be the cost, schedule, and technical performance measures of the software project. What is the value at risk you are willing to right off if you lose control?

Estimate 28

Estimate Controlling Closing Process 28