Governance and Estimating

Herding Cats

If your business is not subject to any external governance process, you’re free to spend your money as you please. Governance includes: Responsibility for a specific duty, task, or decision. The governing of IT systems has two distinct components. NoEstimates Governance

2016 27

The Road to Effective Project Management Governance

Project-Management.pm

What really is project management governance? With countless articles and books in the business spectrum conveying such practice, project management governance is in the sense, subjective. There’s no correct description of it and it’s safe to say that individuals or groups who employ and encounter project management governance have developed their own understanding of it. Governance and Decisions. To be more precise, project management governance.

Trending Sources

Risk Management for Project Managers

Arras People

“Increasingly,” says Walaa Bakry, who runs Westminster Business School’s project management courses, “successful project management is becoming a synonym for successful risk management. Management of Risk was the next obvious area for us to expand into.”. programme risk.

2016 64

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. These risks can be mitigated with a good risk management process. Risk management structure.

Risk 39

Accountability on a Agile Software Development in the Presence of Governance

Herding Cats

So for projects that spend other people's money in the presence of uncertainty - Governance is a means to establish those shared principles. Governance is about Decision Rights. You don't need governance, a Product Roadmap, and Release Plan.

Increasing the Probability of Project Success

Herding Cats

Capabilities Earned Value Estimating Governance Management Performance-Based Project Management® Principles Requirements Risk Root Cause Analysis Technical Performance MeasuresIncreasing the Probability of Project Success Simple in Theory, Complex in Practice.

Becoming An Effective Leader In Government & Beyond: An Interview With Steve Ressler, Founder of GovLoop

Project Management Hacks

Have you ever considered the public sector and government for your next career move? Governments face interesting problems and that means there are opportunities to deliver new projects. government to launching his own venture, GovLoop. not taking enough risk).

How to Talk About Estimates

Herding Cats

The best starting point for determining the NEEDED precision and accuracy is to determine the Value at Risk. . IT Risk Management. What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something.

Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Risks can then be more closely monitored by senior management and stakeholders trust the data. Growth is a good thing. Right?

"Yes is where the risk is"

Musings on Project Management

General Michael Hayden, now retired, writes in his book* about his years as Director, NSA and Director, CIA that in government -- and likely all of elsewhere: "Yes is where the risk is". In fact, it seems that in government particularly that the "staffers" main job is to protect their "principals" by saying No. "No" leadership Quotations Risk Management

What Is Management in the Context of Agile

Herding Cats

One view of management in Agile can be informed by Governance of the work efforts. Here's a version of Governance, from " Agile Governance Theory: conceptual development ,” Alexandre J. Risk Management is How Adults Manage Projects. IT Risk Management.

Agile 38

Agile Project Management Methods

Herding Cats

Agile Books Capabilities Decision Making Deliverables Based Planning(r) Economics ERP Estimating Governance Management Performance-Based Project Management® Planning Principles Project Management Requirements Risk Systems Theory

Agile 24

Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Risks can then be more closely monitored by senior management and stakeholders trust the data. Growth is a good thing. Right?

Building the "Perfect" Schedule

Herding Cats

Architecture Capabilities Decision Making Earned Value Estimating Governance IMP/IMS Management Planning Project Management Requirements Risk Root Cause Analysis Scheduling Systems Theory

2017 15

Five Immutable Principles of Project Success

Herding Cats

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. Risk management is managing as an adult.

From Mission Capabilities to Done

Herding Cats

The TPM assess design progress, define compliance to performance requirements, identify technical risk, are limited to critical thresholds, and include projected performance goals.

Risk Management: PMP Study Guide (PMBOK 6th Edition)

ExamsPM

Project Risk Management includes all the processes involved in risk identification, regulation, and mitigation on a project. The objective is to increase the likelihood of positive risks (opportunities) and decrease the likelihood of negative risks (threats). Control Risk.

Principles of Cost and Schedule Estimating

Herding Cats

One of the 4 summary root causes of project performance failures is Unrealistic Cost and Schedule Estimates based on inadequate risk-adjusted growth models. One notion in a governance paradigm is It's Not Your Money . Risk Management is how adults manage projects - Tim Lister.

2017 29

So, you are about to start a project….?

Ron Rosenhead

Understanding the risks involved in the project. project management governance benefits management project management project manager project risks project sponsor project start upThe project started with a real bang.

2017 23

How good is project sponsorship in your company?

Ron Rosenhead

No matter what risk scoring process you use I would say this is in the red zone. project sponsors courses in project management project management project management governance project management training project risks project sponsor

2016 35

Project managers, just say no!

Ron Rosenhead

Risk management – have a clear risk register that is scored with clear actions and responsibilities to manage each risk. project management governance project management project scope risk management saying no stakeholders

2017 17

Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

The risk is created when we have not accounted for this natural variances in our management plan for the project. Dealing with Aleatory (irreducible) uncertainty and the resulting risk requires we have margin. An aleatory risk is expressed as a relation to a value. Embrace Risk!

2017 15

Avoiding project change analysis denial of service!

Kiron Bondale

While planning the project, establish a simple process for determining if a given change request will require a meaningful amount of effort prior to its review by governance bodies. Tagged: project decision making , Risk management , Stakeholder analysis.

2016 43

Decisions Without Estimates?

Herding Cats

This process is the basis of all risk management. And Risk Management is How Adults Manage Projects - Tim Lister. High Risk First - all risk comes from uncertainty. Risk Management is How Adults Manage Projects - Tim Lister. IT Risk Management.

2017 26

GAO Cost Estimating and Assessment Guide Applied to Agile

Herding Cats

Uncertainty creates risk. Risk Management is how Adults Manage Projects - Tim Lister. Conduct Schedule Risk Analysis. Uncertanty creates Risk. Agile is a participant in Risk Management, but Agile is NOT Risk Management. .

Increasing the Probability of Program Success

Herding Cats

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. Risk Management is How Adults Manage Projects. Risk-Adjusted Plans.

Slapping projects on top of the day job – what’s your solution?

Ron Rosenhead

The group did highlight the possibility of increasing the risk profile for the project doing this. project management governance delegation project management project management priorities risk management

2017 14

The Risk Management Plan

Project Risk Coach

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. The highest risks?

Transport for London’s Signal Failure – £886m more than planned*

Ron Rosenhead

Public or in house training – the choice is yours Performance management report for project sponsors- must do… project management governance auditing projects project management risk management skills shortageHorrible headlines and a horrible situation.

The Seven Deadly Sins of Project Management

Herding Cats

IT Risk Management. NoEstimates Agile Business Decision Making Estimating Governance Management Performance-Based Project Management® Planning Principles Project Management Requirements Root Cause Analysis SchedulingMike Cohn, one of my favorite blogger and author, made a post awhile back about Agile and the Seven Deadly Sins of Project Management.

Good Reason to Have Lots of Bad Ideas

Herding Cats

This approach provides for bad ideas to evolve into good ideas once the idea comes in contact with principles or business governance. Those who pay usually have some form of governance of their money. . Governance is About Decision Rights. Here's some more backgrund on Governance. IT Risk Management. NoEstimates Governance PrinciplesThere is a column in the August 24th issue of Nature speaking about have bad ideas that turn into good ideas.

2017 18

The Origins of Scrum and Empirical Closed Loop Control

Herding Cats

IT Risk Management. Agile Decision Making Estimating Governance Management PrinciplesI came across a couple of interesting tweets over the weekend. Scrum is) more defined rather than empirical process. Agile in name only. scrum, not agile. not as it was prior to scrum. lost art.

2016 38

The Psychology of Human Misjudgement

Herding Cats

IT Risk Management. NoEstimates Debunking Decision Making Governance Risk Root Cause AnalysisI came across a paper by Charles Munger, Warren Buffet's advisor. His paper " The Psychology of Human Misjudgement." He starts his talk on the same subject with. I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do. — Charlie Munger.

The Problems with Schedules

Herding Cats

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. Unrealistic Cost and Schedule estimates based on inadequate risk adjusted growth models.

2016 30

Project Success Means Knowing.

Herding Cats

Both these uncertainties create a risk to the success of the project. Both these uncertainties create a risk to the success of the project. NoEstimates Capabilities Estimating Governance Management Mathematics Principles Project Management SchedulingTo increase the Probability of Project success means we have to know something about the attributes and measures of the Five Immutable Principles that enbale this project success, when managing in the presence of uncertainty.

Concept of Operations

Herding Cats

Define the risks to accomplishing the functional outcomes. IT Risk Management. Architecture Capabilities Decision Making Earned Value Estimating Governance Management Planning Principles Project Management Requirements Scheduling

2017 24

An Incremental Paradigm

Herding Cats

We were speaking a Homeland Security yesterday on Agile development in the Federal Government and there was a senior director who brought up a paradigm that resonated with me. IT Risk Management.

4 Fallacious Reasons to Estimate and Why Those Are Fallacious

Herding Cats

This notion shows that governance is not considered a requirement for the business. IT Risk Management. There's a recent post titled Four Fallacious Reasons to Estimate.

Estimates, Forecasts, Projections

Herding Cats

We can estimate the total cost, total duration, and the probability that all the Features will be delivered on the program we are working for the US Government. This uncertainty creates risk and as stated here often. Risk Management is How Adults Mange Projects - Time Lister. IT Risk Management. NoEstimates Debunking Earned Value Estimating Governance Management Principles Project Management

2016 30

Collective belief and its possible impact on projects.

Ron Rosenhead

Project governance – many projects are risky. How effective was the initial risk assessment? Surely the overall governance processes should have kicked in and stopped the project? The project is going well. The prototype has been approved and will be ready in 2 weeks.

2016 19