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]. Each of these, while well meaning, are missing the means to confirm their credibility.

5 Ways to Track and Measure Employee Performance

The Digital Project Manager

Monitoring performance is a matter of setting the right performance indicators, based on the type of work they do as well as the responsibilities have and tasks they perform to ensure the company’s continuous and successful operations.

Is There an Underlying Theory of Software Project Management?

Herding Cats

Management Performance-Based Project Management® Planning Principles Project Management Requirements Risk Scheduling Technical Performance Measures Theory

Increasing the Probability of Project Success

Herding Cats

These charts are an extract from the book Performance-Based Project Management: Increasing the Probability of Project Success and the abstracted training materials Handbook. Increasing the Probability of Project Success Simple in Theory, Complex in Practice.

Decision Analysis - Ordinal and Cardinal Measures

Herding Cats

AHP is based on the principle that all measurements are relative. Using this method, the performance, cost, time, and risks of alternatives can be articulated as ratios that can then be compared with one another. Mathematically, the value equals performance over cost plus time.

2010 53

Connecting "What" with "How" - and the Failure to Understand the Principles of Systems Engineering and Systems Management

Herding Cats

Progress and Value are measured with the same in Earned Value Management. In Earned Value Management paradigm, progress is always measured as physical percent complete. The Measures of effectiveness. The Measures of Performance are. Key Performance Parameters.

Performance-Based Project Management®

Herding Cats

Performance–Based Project Management ® integrates five critical program management process areas with – Cost, Schedule, and Technical Performance Measures. Done” is always defined in units of measure meaningful to the decision maker.

Value First, Requires Margin and Contingency

Herding Cats

NoEstimates Agile Decision Making Estimating Governance Planning Principles Scheduling Technical Performance MeasuresThere's a popular notion in Agile that says Focus on Value.

Biases in Project Management and How to Remove Them

Herding Cats

What dos Done look like in units of measure meaningful to the decision makers? What are the measures of physical percent complete needed to inform the decision makers of progress to plan in order to take corrective or preventive actions to stay on plan?

Principles, Processes, and Practices of Project Success

Herding Cats

What does Done look like in units of measure meaningful to the decision makers? What impediments will be encountered along the way to Done and what work must be performed to handle these impediments? What are the units of measures of progress to plan for each deliverable?

Cone of Uncertainty - Revisited

Herding Cats

We're writing two chapters in an upcoming Project Management Book, with a working title, The Gower Handbook of Project Performance for Agile, Waterfall and Everything in Between , edited by Mark Phillips.

2012 37

From Mission Capabilities to Done

Herding Cats

No matter the project domain or the technical development method, project success is dependent on knowing what Done looks like in units of measure meaningful to the decision maker. These measures are stated in units, meaningful to the buyer.

Definition of Done

Herding Cats

These Measures have Little meaning to the Decision Makers. Do those capabilities meet the Measures of Performance that characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions?

SCRUM 49

Cone of Uncertainty Bibliography

Herding Cats

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.

2008 42

Fallacy of the Day

Herding Cats

Project Controls are Management Actions, either preplanned to achieve the desired result, or taken as a corrective measure prompted by the monitoring process. In the Project Controls paradigm, Value is a measurable attribute of the project controls process - a Closed Loop Control measure.

INVEST, Scrum and Enterprise IT

Herding Cats

Cohesion is the measure of how well module fits together. The component may be performing more than one function. Informational cohesion: performs a number of functions, each with its own entry point, with independent code for each function, all performed on the same data structure.

SCRUM 40

4 Fallacious Reasons to Estimate and Why Those Are Fallacious

Herding Cats

I need an estimate because… I need to measure productivity. Although I understand measuring productivity could work well for repeatable activities, it's hard to believe it works well for abstract and, ultimately, non-repeatable tasks like software development.

Increasing the Probability of Program Success

Herding Cats

Top Four Sources of Unfavorable Program Performance. Unrealistic Performance Expectations. Impacts of Risk on Program Performance. Be Clear About What the System is to Do in Units of Measure Meaningful to the Decision Makers.

How to Talk About Estimates

Herding Cats

We can't talk about estimates or estimate, without also talking about the precision and accuracy of the estimate (the noun) after we have performed the estimate (the verb). . What is an estimate?

Integrated Master Plan - Revisited

Herding Cats

Transparent – Comprehensible display of what needs to be done and how completion is measured. It is essential that the IMP represent the work that must be performed. The IMP shows the Accomplishments and the measures of Accomplishments that are essential to get through a design review.

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. Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway.

Risk 48

Five Immutable Principles of Project Success

Herding Cats

Without these measures, Done will usually mean . Without these measures, Done will usually mean we ran out of time and money. . Measuring the effectiveness of these resources is needed to take corrective actions to assure we have enough to finish the project on time.

INVEST, Scrum and Enterprise IT

Herding Cats

Cohesion is the measure of how well module fits together. The component may be performing more than one function. Informational cohesion: performs a number of functions, each with its own entry point, with independent code for each function, all performed on the same data structure.

SCRUM 36

Misinterpretations of the Cone of Uncertainty

Herding Cats

The Cone of Uncertainty as a Technical Performance Measure. Active reduction requires we have a desired reduction goal, perform the work, and measure progress toward the rduction goal. Closed Loop Control, has a goal, an action, a measurement, and a corrective action.

Performance-Based Project Management®

Herding Cats

Principles and Practices of Performance-Based Project Management® from Glen Alleman. Books Business Capabilities Decision Making Earned Value Economics Estimating Management Performance-Based Project Management® Planning Principles Project Management Root Cause Analysis Scheduling Technical Performance MeasuresSuccessfully managing projects, not matter the domain, the size, the development or engineering method starts with a set of Principles, Practices, and Processes.

Biases in Project Management and How to Remove Them

Herding Cats

What dos Done look like in units of measure meaningful to the decision makers? What are the measures of physical percent complete needed to inform the decision makers of progress to plan in order to take corrective or preventive actions to stay on plan? Decision Making Economics Estimating Governance Management Mathematics Performance-Based Project Management® Planning Principles Product Management Project Management Scheduling Technical Performance Measures

6 Tools and Techniques for Controlling Risks

Project Risk Coach

Technical performance measurement Imagine that you are working on a software development project and that the functional requirements have been developed. The technical performance measurement is a measurement of the technical accomplishments.

2019 209

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.

What are the tipping points for your agile transformation?

Kiron Bondale

Hiring practices and performance measurement systems emphasize the “how” as much as the “what” What would you add to this list? I’ve frequently said that agile transformations are marathons and not sprints.

Agile 195

6 Tools and Techniques for Controlling Risks

Project Risk Coach

Technical performance measurement. The technical performance measurement is a measurement of the technical accomplishments. And they regularly perform the control activities to keep the project healthy. Changes in project risks are inevitable.

Control partners should have skin in the game!

Kiron Bondale

Introduce performance measures and incentives for control staff which are tied to the impacts created by their work as opposed to just the completion of this work. I finally completed reading Nassim Taleb ‘s book Skin in the Game which I had written about in a recent article.

2019 181

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 230

Five Immutable Principles of Project Success

Herding Cats

First, we must recognize that without a clear and concise description of done, the only measures of progress are the passage of time, consumption of resources, and production of technical features. How are you going to measure progress toward “done” in units.

2018 129

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.

2017 239

Helping functional managers through an agile transformation

Kiron Bondale

What are they measured on and what are they measuring? As Tony Robbins would say, “ Where focus goes, energy flows “ If we haven’t updated performance measures for functional managers and their staff, it will be much harder to encourage them to change.

Agile 200

Work Performance Data, Work Performance Information, and Work Performance Reports

Deep Fried Brain

In 2009, I did a series of posts on Work Performance Information, Work Performance Measurements and Performance Reports, highlighting how the PMBOK® Guide, Fourth Edition was utterly confusing. Commonly Confused Concepts Executing Monitoring and Controlling PMBOK Process Groups Study Notes

2014 38

Human Resources needs to be part of your company’s agile transformation!

Kiron Bondale

Companies are often organized into departments of distinct, specialized skills and performance measurement programs emphasize the individual instead of teams.

2016 195

Quote of the Day

Herding Cats

This process requires making estimates of cost, schedule, and technical performance to increase the probability of program success as defined by with Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters.

The Tyranny of the Urgent - and how to manage it

Project Health Check

But robust planning in general will set up the project for success; things like engaged stakeholders, managed risks and a realistic Performance Measurement Baseline will reduce the likelihood of issues appearing in the first place.

2017 197

Quote of the Day

Herding Cats

Goals are broad, measurable, aims that support the accomplishment of a mission. Performance Measures. Performance measures describe performance targets relevant to each objective. It all comes down to the ability to go up and down the ladder of abstraction, and being able to see both the big picture and the operational implications - Loizos Heracleous in "Strategic Thinking or Strategic Planning," in Long Range Planning 31 , pp. 481-487, 1998.

2019 32