A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management. Managment Processes. Nine Best Practices of Project Management , Software Program Managers Network (SPMN). Top Habits of Successful Project Managers. Ten Rules for Common Sense Program Management.

2008 59

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). Strategy (#Strategy).

2003 45

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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 48

Increasing the Probability of Project Success

Herding Cats

and the connections between each Process are made to form a Closed Loop control systems needed to manage any project. These charts are an extract from the book Performance-Based Project Management: Increasing the Probability of Project Success and the abstracted training materials Handbook.

2017 90

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). . The best starting point for determining the NEEDED precision and accuracy is to determine the Value at Risk. .

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?

2017 49

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

Herding Cats

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. Progress and Value are measured with the same in Earned Value Management.

INVEST, Scrum and Enterprise IT

Herding Cats

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.

SCRUM 40

Biases in Project Management and How to Remove Them

Herding Cats

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. The first step is to recognize there are immutable principles of managing in the presence of uncertainty.

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 . Plans are Strategies. A Strategy is a Hypothesis. IT Risk Management.

INVEST, Scrum and Enterprise IT

Herding Cats

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.

SCRUM 36

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. . Plans are strategies for success. Strategies are hypotheses. Risk Management is How Adults Manage Projects - Tim Lister.

2017 46

Biases in Project Management and How to Remove Them

Herding Cats

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. The first step is to recognize there are immutable principles of managing in the presence of uncertainty. 2] "The effect of fast and slow decisions on risk taking," M.

What Is Risk?

Herding Cats

Risk is the effect of uncertainty of objectives. In the context of risk management, uncertainty exists whenever the knowledge or understanding of an event, consequence, or likelihood is inadequate or incomplete ? ISO 31000:2009, ISO 17666:2016 and ISO 11231:2010 Risk is Uncertainty that Matters. Risk can be the potential consequence of a specific outcome that affects the system's ability to meet cost, schedule, and/or technical objectives. IT Risk Management.

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Now To Risk Management. Risk is the effect of uncertainty of objectives.

2007 42

6 Tips for Better Schedule Management

ProjectManager.com

Timetables, deliverables, resources and even risks—everything that is involved with a project is wrapped up inside the schedule. It’s up to an extremely adept project manager to enact better schedule management for their teams. 6 Schedule Management Tips.

2019 279

From Strategy To Execution and Delivery

Herding Cats

What are the units of measure of Value ? The start to answering these questions and managing in the presence of uncertainty found on all projects. These answers start with defining the strategy. For these strategies to work, we need to define the Measures of Effective, Measures of Performance, Technical Performance Measures, and Key Performance Parameters for each of the outcomes that produce Value in exchange for the Cost and Time to produce that Outcome.

Next Generation Project Management Software

Girl's Guide to PM

The project and portfolio management (PPM) software market is changing. In this article we look at emerging software in the PPM space and discuss how its selection and implementation needs to be done in line with an overarching digital strategy. Digitalization and Collaboration.

2016 376

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. Plan Scope Management .

What's Missing from the Agile Software Development Paradigm

Herding Cats

The customer is accountable for knowing what Done Looks Like (in Unity of measure meaningful to their domain). Systems engineering is a methodical, multi-disciplinary approach for design, realization, technical management, operations, and retirement of a system.

Five Immutable Principles of Project Success

Herding Cats

We’ve all heard that large numbers of projects fail because of poor planning or poor project management. These measures of progress fail to describe what business capabilities our project needs to produce or what mission we are trying to accomplish.

2018 127

Agile, Waterfall and Hybrid: Managing the Multiple-Methodology Portfolio

Keyedin

Siloed project information scattered across numerous systems and geographies blocks decision-makers from insights into cost and schedule problems and cripples performance-measurement processes. Recent research from the Project Management Institute is clear: Almost fifty percent of projects managed in PMOs are agile or hybrid based. Transparency remains crucial to controlling crises and managing constrained budgets.

Agile, Waterfall and Hybrid: Managing the Multiple-Methodology Portfolio

Keyedin

Siloed project information scattered across numerous systems and geographies blocks decision-makers from insights into cost and schedule problems and cripples performance-measurement processes. Recent research from the Project Management Institute is clear: Almost fifty percent of projects managed in PMOs are agile or hybrid based. Transparency remains crucial to controlling crises and managing constrained budgets.

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.

Without a Root Cause Analysis, No Suggested Fix Can Be Effective

Herding Cats

This is another example of Bad Management and Doing Stupid Things on Purpose. Without determining which root cause is the source of the unfavorable performance of the projects shown in the first chart, no suggestion for corrections can be made. . IT Risk Management.

2016 74

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

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. For software, this can be value produced (assuming we have a unit of measure for that value in the for of effectiveness, performance, key performance parameters, or technical performance measures ). For your Honeywell or Nest controller on the wall, that sample rate is measured in seconds.