Project Management, Performance Measures, and Statistical Decision Making

Herding Cats

There is a current rash of suggestions on how to improve the performance of software projects. Figure 1 - Planned Estimates versus Actual Performance from [1]. Some unanswered critical questions at charts like Figure 1 are: What's the credibility of the initial estimates?

Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Earned Value Management (#EVM).

2003 45

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Deconstructing the Hertz and Accenture Debacle

Herding Cats

Of course, No Root Cause analysis has been performed by these advocates, but it makes good click bait for their followers. 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?

Integrated Master Plan - Revisited

Herding Cats

Designing, building, testing, and deploying complex systems is fraught with risk. And as always risk comes from uncertainty. What About the Plan to Manage in the Presence of Uncertainty . Traceable – Aligns with other program management artifacts. Initiated - begun.

Decision Analysis - Ordinal and Cardinal Measures

Herding Cats

Brown and his book The Handbooks of Program Management: How to Facilitate Project Success with Optimal Program Management and my review of the same book. AHP is based on the principle that all measurements are relative. Risk assessment can be made with Ordinal value as well.

2018 53

INVEST, Scrum and Enterprise IT

Herding Cats

The Design Structure Matrix (DSM) method, was introduced by Steward in for task-based system modeling and initially used for planning issues. Risk interaction within systems and subsystems, between functional and physical elements, can also be modeled with DSM.

SCRUM 40

Next Generation Project Management Software

Girl's Guide to PM

The project and portfolio management (PPM) software market is changing. Project management practitioners are looking for new lean and agile project management tools to support their day-to-day work and often seek them outside the tools that their organisations offer them.

2016 381

5 Key Steps to Successful Project Management

Entry

Managing your first project can be daunting. To simplify things, here are five steps critical to the successful management of a project: Step 1: Initiate the Project by Defining the Scope. Define how to address risks should they arise. Step 3: Initiate the Project Plan.

2017 195

Project Management Process & Phases

ProProfs Project Management

Project Management is the art of coordinating resources and directing working groups to execute components of work so that each group delivers components that can be tied together into a wholesome deliverable (contracted scope of work) within schedule and budget. Initiating.

Different Project Management Terms Beginners Should Know

ProProfs Project Management

Project managers , who have just begun working on a project, may find it really stressful and time-consuming to manage multiple tasks, especially if they don’t know the basics. . Let’s dig into our project management glossary. Common Project Management Terms.

2020 90

Does your organization truly support project management?

Kiron Bondale

The April 2016 issue of PM Network provided updated project management capability findings from PMI’s 2016 Pulse of the Profession ® report. Objectives and performance measures for these staff should include a healthy balance between operational and project success metrics.

2016 190

Project Start-Up: The Plan for a Plan

Project Health Check

Du ring the Project Start-up and planning phase, projects will execute detailed planning processes to produce a Performance Measurement Baseline of Cost/Schedule/Scope and an associated Project Management Plan.

A Complete Guide to PMIS

ProjectManager.com

That’s what PMIS comes in, which is an acronym for project management information system. A project management information system (PMIS) is how information needed to run a project is organized. Resource Management: Including resource loading, leveling, allocation, etc.

2019 282

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

If you’re engaged in project management or your occupation is somehow related to it, you should have an eye for project management terms. We’ve compiled a glossary of essential and the most frequently used project management terms that can be a good assistant for you in your work. .

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

If you’re engaged in project management or your occupation is somehow related to it, you should have an eye for project management terms. We’ve compiled a glossary of essential and the most frequently used project management terms that can be a good assistant for you in your work. .

Cancelling Projects: The Project Isn't Being Done Right

Project Health Check

A classic way to consider project performance is via the triple constraint of scope/cost/time, often with quality thrown in the mix. In part 1 of this article series, we accepted that Projects sometimes need to be cancelled.

2017 233

An Introductory Guide to Project Management for HR

Wrike

Smarter hiring, workplace culture initiatives, and day-to-day operational excellence are all priorities in the industry, meaning that project management for HR has never been more important. Why should companies use project management for HR professionals?

Managing in Presence of Uncertainty

Herding Cats

Let's say you're the project or program manager of a large complex system. We cannot escape these two uncertainties - reducible and irreducible - and must learn how to manage in the presence of these uncertainties. Do we have measures of Effectiveness, Performance, all the .ilities.

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

ExamsPM

Project Communications Management is the process of planning, collecting, storing, and updating project information. This article is part of a PMP Study Guide that summarizes the Communications Management Knowledge Area. Plan Communications Management. Manage Communications.

Project Management Terms for Team Leaders

MindGenius

Project Management Terms for Team Leaders. Confused by Project Management terms? So we have made it easy for all you Team Leaders and Managers out there who are running projects and brought you a list of what we think are the key PM terms you should know. The deliverables are then broken down into various levels of tasks that are manageable and that can be scheduled, cost and assigned resources. Risks can include: legal, environmental, market, etc.

Complete Collection of Project Management Statistics 2015

Wrike

Need up-to-date facts and figures for a project management report, article, or infographic? Browse this collection of project management statistics collected from studies and reports from the past five years. Benefits of Project Management. —1A. Agile Project Management.

2015 64

Applying Project Management Concepts in Real-life Projects

iZenBridge

Project management concepts are well documented and widely implemented across industries. Most of us are familiar with key project management concepts and have implemented it time and again in our projects. Using earned value management gets very difficult.

Why Johnny Can't Do The Math

Herding Cats

In software development, those managing the project have some understanding the market forces (from their marketing departments), the technology (from their engineering department), and how to manage in the presence of Aleatory and Epistemic risk (the managers running a successful firm).

Start with Principles, Not Personal Anecdotes

Herding Cats

Here's an extract from "Chapter 8: Human Behavior and Complexity," Terry Cooke-Davies, in Aspects of Complexity: Managing Projects in a Complex World. I've seen estimates abused by bad managers, so let's NOT estimate and that will fix the behavior of Bad Managers."

2018 50