Rebel’s Guide to PM

JULY 20, 2023

Here’s the list: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Plans The third category of project artifact relates to the different types of plans produced. Let’s look at each of those in more detail.

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

Project Risk Coach

MARCH 2, 2021

Unforeseen risks knock at your door. You look at your budget, but you don't have the funds to respond to these risks. Why Reserves are Needed During the course of a project, you and your project team identify risks which are referred to as known/unknown risks. These risks are known – that is, they've been identified.

Budget 284

Budget Estimate Controlling Performance Measurement 284

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. million.

Performance Measurement 59

Performance Measurement Underperforming Technical Team Software Engineering Engineering 59

Rebel’s Guide to PM

JANUARY 21, 2021

All my previous job experiences had been surrounded by planning, coordinating logistics, and, more than that, getting things done. For 6 months, I planned and coordinated the induction, training, and performance measurement of all my team and new hires. Rachel Mata. Project Management, in my opinion, should be reinvented.

Technical Review 461

Technical Review Logistics Innovation 2019 461

ProjectManager.com

JUNE 23, 2021

The schedule performance index was created to eliminate the guesswork and give a specific, quantifiable answer to the question, as well as show where improvements need to be made for maximum efficiency. What Is the Schedule Performance Index? The SPI itself is a ratio of earned value to planned (or actual) value.

Performance Measurement 430

Performance Measurement Planning Risk Management Monitoring 430

NimbleWork

APRIL 16, 2024

Project management is a multifaceted discipline that combines techniques, processes, and strategies to plan, execute, monitor, and control projects effectively. Planning: In this process, project managers develop a comprehensive project plan that outlines the scope, schedule, budget, resources, and risks associated with the project.

Process 52

Process 2030 Software Review Estimate 52

Techno-PM

MARCH 28, 2022

What is ITIL® 4 Strategist: Direct, Plan, and Improve? ITIL® 4 Strategist: Direct, Plan, and Improve is a new qualification that reflects the increased importance of strategy in today's digital world. The purpose of the framework is to provide organizations with a plan that they can use to manage their service desk.

Planning 68

Planning Technical Review Infrastructure Certification 68

Wrike

DECEMBER 15, 2020

The primary output of a schedule management plan is the project schedule , an essential component of a comprehensive project plan. A thorough schedule management plan is essential for project progress and success. . However, even after careful planning and scheduling, projects can deviate from the plan.

Planning 68

Planning Software Review Underperforming Technical Team Performance Measurement 68

ProjectManager.com

NOVEMBER 11, 2021

Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. Performance reports (like a project status report) do more than just show key performance indicators. Use a performance report to compare the actual project to the plan.

Software Review 305

Software Review Underperforming Technical Team Monitoring Executing 305

The IIL Blog

OCTOBER 17, 2023

Baseline An original plan for measuring performance and tracking changes. Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Capacity Planning To identify the number of resources (e.g., identify items such as benefits and costs).

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

The Strategic Project Manager

MARCH 14, 2024

Strategic Planning – During strategic planning, a strategist would use tools such as the strategy canvas and the four actions framework to assess the company’s current strategic profile and identify areas for value innovation. Value innovation can serve as a guiding principle throughout the strategic planning process.

Innovation 52

Innovation Sustainability Performance Measurement Risk Management 52

Wrike

JULY 29, 2023

Strategic planning plays a crucial role in the success of any business. However, developing a strategic plan from scratch can be a daunting and time-consuming task. In this article, we will explore the importance of strategic planning in business and delve into the details of using a business roadmap template effectively.

Technical Review 36

Technical Review Planning Underperforming Technical Team Development Team Review 36

ProjectManager.com

MARCH 1, 2023

This covers both planned downtime and unplanned downtime. Total Effective Equipment Performance (TEEP) Total effective equipment performance measure utilization. Again, this is determined by performance multiplied by quality by availability. In this calculation, you do include machine maintenance downtime.

Manufacturing 252

Manufacturing Software Review Performance Measurement Monitoring 252

Herding Cats

MARCH 17, 2019

Business, Technical, Systems, Risk, and Project Management. Capabilities Based Planning. Capabilities Based Planning (V2). Deliverables Based Planning. Integrated Master Plan: The Foundation of Program Success , College of Performance Management, May 21, 2014. Project Performance Management.

2003 54

2003 2011 2008 Performance Measurement 54

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. NASA Cost Estimating Handbook.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

The Strategic Project Manager

MARCH 11, 2024

It helps in strategic planning by highlighting opportunities for creating a “blue ocean” of uncontested market space, where competition is irrelevant or minimal. Identify areas where your company is performing well compared to competitors and areas where there is room for improvement.

Technical Review 105

Technical Review Innovation Sustainability Retail 105

ProjectManager.com

SEPTEMBER 4, 2019

What these programs do is help project managers to plan, execute and close their project. The information is also critical for future projects in terms of reducing risk, improving efficiencies and lowering costs. Schedule and Planning: Computes early and late schedule, slack times and the critical path.

Software Review 214

Software Review Project Life Cycle Closing Budget 214

Herding Cats

SEPTEMBER 26, 2018

We’ve all heard that large numbers of projects fail because of poor planning or poor project management. 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. Follow the plan.

Performance Measurement 116

Performance Measurement Risk Management Defining Risk 116

Project Pulse Journal

MARCH 18, 2024

Imagine navigating project risks confidently with efficient resource utilization, managing projects for maximum efficiency, and promoting a culture of transparency and accountability within your project team and organization. However, it's not merely about mitigating risks; it's about transforming them into opportunities for value creation.

Governance 52

Governance Government Risk Management 2015 52

Entry

SEPTEMBER 1, 2017

Step 2: Create the Project Plan. The project plan is the core of your project and needs to involve all of the stakeholders and gain their buy-in. The project plan should provide direction over the project’s lifespan. Review the plan with status updates. Define how to address risks should they arise.

Software Review 150

Software Review Infrastructure Performance Measurement Initiating 150

MPUG

APRIL 4, 2022

The role of a project manager (PM) is not only to plan, execute, and track a project, but that of closing a project properly. Variance analysis, on the other hand , is a technique with which one can know the cause and degree of difference between latest baseline and actual performance.

Closing 109

Closing Performance Measurement Project Life Cycle Executing 109

Leading Agile

APRIL 29, 2021

Return on Investment or ROI is a performance measure used to evaluate the efficiency of an investment. It addresses how much a company will earn back from the cash outlays or costs to be incurred that the organization is planning to make. Payback Period.

Finance 84

Finance Agile Performance Measurement Estimate 84

ProjectManager.com

APRIL 14, 2022

The quality of your work can make or break a project, which is why a quality management plan is so important. Let’s explore the impact a quality management plan can have on a project, how to make one and look at some templates to get you started. What Is a Quality Management Plan? Get started today for free.

Planning 332

Planning Software Review Manufacturing Monitoring 332

Project Pulse Journal

MARCH 7, 2024

In the constantly changing field of project management, it is essential to know and be familiar with the system for value delivery - it is a necessary part of your strategic planning and business success. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

Governance 52

Governance Government Technical Review Sustainability 52

Herding Cats

MAY 1, 2017

Performance–Based Project Management ® integrates five critical program management process areas with – Cost, Schedule, and Technical Performance Measures. The inclusion of Technical Performance Measures (TPM) separates this approach from conventional methods based solely on managing cost and schedule.

Performance Measurement 42

Performance Measurement Estimate Risk Management Budget 42

ProProfs Project Management

MARCH 18, 2020

Initiation is the very first phase of project management, and it is all about measuring the value, benefits, and feasibility of the project. The main tools used in initiation are the business case document and the benefits management plan. . Once the project is approved in the initiation phase, the next thing to do is planning.

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

Herding Cats

OCTOBER 12, 2018

This physical percent complete is measured as compliance with the Technical Performance Measures of the outcomes of the work efforts, that consume the budget for that work. Along with the Technical Performance Measures are three other measures needed to assess progress to plan and production of Value.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

ProProfs Project Management

JANUARY 21, 2020

An assumption in project management refers to assuming about possible factors or situations that may occur in the project planning process that it may actually happen. Performance Measurement Baseline. This creates a point of comparison of all the other baselines to evaluate project performance. Assumption. Stakeholder.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

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 Performance Measurement Underperforming Technical Team Estimate 35

Techno-PM

AUGUST 23, 2021

Other elements might be included based on what sort of industry a company is operating in Key Elements One of the most important aspects of being a project manager is understanding how to report performance properly. They include status updates, risk analysis, and financial information. When it comes to reporting.

Performance Measurement 36

Performance Measurement Budget Risk Management Risk 36

Techno-PM

AUGUST 23, 2021

Key Elements One of the most important aspects of being a project manager is understanding how to report performance properly. They include status updates, risk analysis, and financial information. This will help analyze any problems or challenges in advance so that you can plan for them accordingly! When it comes to reporting.

Performance Measurement 36

Performance Measurement Budget Risk Management Risk 36

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 Risk Defining 39

Herding Cats

NOVEMBER 19, 2018

The answer is a Capabilities Based Plan stating what capabilities the stakeholders of the project need to accomplish their mission. In our space and defense domain, we have an increasing maturity of the deliverables captures in the Integrated Master Plan. The only answer to that is a measure of Physical Percent Complete (P%C).

2010 39

2010 Governance Government Performance Measurement 39

Techno-PM

SEPTEMBER 2, 2021

Planning (understanding the scope) 2. Designing (developing action plans) 3. Planning (understanding the scope): It is essential to understand the scope of a project before you begin work. The execution phase in a project plan has two main parts: control and communications. The four steps in Project Execution are: 1.

Executing 36

Executing Monitoring Performance Measurement Controlling 36

Techno-PM

JULY 5, 2023

It also helps keep the project on budget and reduces the risk of project failure. From planning to execution, we will provide insights into the best practices that organizations can adopt to ensure their projects consistently deliver high levels of quality. This could include team members, clients, or vendors.

Technical Review 36

Technical Review Monitoring Software Review Defining 36

Techno-PM

JULY 5, 2023

It also helps keep the project on budget and reduces the risk of project failure. From planning to execution, we will provide insights into the best practices that organizations can adopt to ensure their projects consistently deliver high levels of quality. This could include team members, clients, or vendors.

Technical Review 36

Technical Review Monitoring Software Review Defining 36

The Strategic Project Manager

APRIL 22, 2022

Often in this case, people do not have a sense of the big picture – for if they did, they would be clearer on risks, trends, and inevitabilities that could be at work and will eventually bring change. Productivity and Performance should be improved from the Late Status Quo. There may be no sense of a need for a change.

Underperforming Technical Team 98

Underperforming Technical Team Leadership Performance Measurement Executing 98