Performance Measurement, Risk, Risk Management and Strategy

What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

JANUARY 31, 2024

A balanced scorecard is a strategic management performance metric. The balanced scorecard is also a means to measure and provide feedback to businesses and organizations. It’s a common management tool worldwide, used across industries, including government and nonprofit organizations. What Is a Balanced Scorecard?

Performance Measurement

Performance Measurement Governance Government Initiating

9 Types of Artifacts in Project Management

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics

Logistics Artificial Inteligence PMI Performance Measurement

Benefits Of The Strategy Canvas Tool For Strategic PM’s

The Strategic Project Manager

MARCH 11, 2024

This post explains what the Strategy Canvas tool is, and how to create a basic Strategy Canvas. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool? The Strategy Canvas tool is a management tool introduced by W.

Technical Review

Technical Review Innovation Sustainability Retail

Value Innovation Strategy For Strategic Project Managers

The Strategic Project Manager

MARCH 14, 2024

It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy. What Is a Value Innovation Strategy? “Value innovation” is a concept introduced by W.

Innovation

Innovation Sustainability Performance Measurement Risk Management

Project Artifacts and How to Use Them

Rebel’s Guide to PM

JULY 20, 2023

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents, templates, outputs or a specific deliverable. For example: a project management artifact is the project closure document. What is an artifact?

Logistics

Logistics Artificial Inteligence PMI Performance Measurement

Risk Management Frameworks in IT: A Comparative Analysis

Wrike

JUNE 11, 2023

The importance of risk management in IT cannot be overstated. However, with this reliance comes the inherent risks of cyber threats, data breaches, and operational disruptions. Once the risks have been identified and assessed, organizations must develop and implement strategies to manage and mitigate them.

Risk Management

Risk Management Risk Underperforming Technical Team Technical Review

The 5 Phases of Project Management Process and Techniques

NimbleWork

APRIL 16, 2024

Project management is a multifaceted discipline that combines techniques, processes, and strategies to plan, execute, monitor, and control projects effectively. Businesses are anticipated to increase their investments in project management. The Five Project Management Processes: 1.

Process

Process 2030 Software Review Estimate

125 Project Management Buzzwords

The IIL Blog

OCTOBER 17, 2023

So, picture this: you are transitioning from your current position into a project management career. The industry didn’t matter; it was about translating my work experience into specific project management industry-recognized terms and managing projects. What are the Essential Project Management Buzzwords?

Development Team Review

Development Team Review Project Life Cycle Underperforming Technical Team Estimate

Crafting an Effective Operational Excellence Strategy for Business Growth

Wrike

SEPTEMBER 3, 2023

By implementing an effective operational excellence strategy, companies can streamline their processes, optimize performance, and achieve sustainable growth. Key Components of an Operational Excellence Strategy An operational excellence strategy encompasses several key components that are vital for its successful implementation.

Healthcare

Healthcare Retail Technical Review Sustainability

What is A System for Value Delivery in Project Management

Project Pulse Journal

MARCH 7, 2024

What is A System for Value Delivery in Project Management Hajime Estanislao, PMP, CSM Are you a project manager looking to improve your project management skills and help your organization grow? Take the next step towards mastering the value delivery system and project management. What is a System for Value Delivery?

Governance

Governance Government Technical Review Sustainability

Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

MARCH 18, 2024

By: Hajime Estanislao, PMP, CSM Are you a Project Manager struggling to align your project objectives efforts with your organizational objectives? In this article, we will dive deep into organizational and project governance and systems in project management. Ready to take your project management efforts to the next level?

Governance

Governance Government Risk Management 2015

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

MARCH 17, 2019

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. The Nine "I's" of Program Success ," College of Performance Management.

2003

2003 2011 2008 Performance Measurement

Project Execution: A Four-Step Project Management Strategy

Techno-PM

SEPTEMBER 2, 2021

Project Execution is a project management strategy that incorporates continuous processes and activities to monitor, control, and communicate progress on projects. Download Project Management Templates ! 6 Steps to Ace the Project Execution Phase Download Project Management Templates !

Executing

Executing Monitoring Performance Measurement Controlling

Five Immutable Principles of Project Success

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. What does “done” look like?

Performance Measurement

Performance Measurement Risk Management Defining Risk

Project Management Process & Phases

ProProfs Project Management

MARCH 18, 2020

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. — Project Management Institute. Initiating.

Process

Process Project Life Cycle Development Team Review Risk Management

From Strategy To Execution and Delivery

Herding Cats

FEBRUARY 5, 2018

The start to answering these questions and managing in the presence of uncertainty found on all projects. These answers start with defining the strategy. IT Risk Management. That starts with Balanced Scorecard. Related articles. Architecture -Center ERP Systems in the Manufacturing Domain. Deadlines Always Matter.

Executing

Executing Performance Measurement Manufacturing Estimate

ITIL® 4 Strategist: Direct, Plan, and Improve: Advantages and Disadvantages of ITIL® 4 Strategist: Direct, Plan, and Improve

Techno-PM

MARCH 28, 2022

ITIL® 4 Strategist: Direct, Plan, and Improve is a new qualification that reflects the increased importance of strategy in today's digital world. It is for those responsible for creating an effective IT strategy to achieve business outcomes while also managing day-to-day operational delivery.

Planning

Planning Technical Review Infrastructure Certification

A Strategic PM’s Guide to the Satir Model for Change

The Strategic Project Manager

APRIL 22, 2022

This post examines what the Satir Change Model is, how it is an important consideration for strategy, and how project managers can leverage it to provide leadership. If the change is one being executed as part of a program, it stands a chance of being less painful if managed right. Strategy and the Satir Model for Change.

Underperforming Technical Team

Underperforming Technical Team Leadership Performance Measurement Executing

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

Herding Cats

OCTOBER 12, 2018

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. Systems engineering has its roots in the fundamentals, principles, and models of foundational systems sciences, and associated management and engineering sciences.

Engineering

Engineering Performance Measurement Underperforming Technical Team Risk Management

Mastering Workload Management for Enhanced Productivity

Wrike

SEPTEMBER 3, 2023

In today’s fast-paced and competitive work environment, effective workload management is crucial for maximizing productivity and achieving success. Managing multiple tasks, deadlines, and responsibilities can be overwhelming, but with the right strategies and techniques, you can master workload management and enhance your productivity.

Energy

Energy Technical Review Performance Measurement Sustainability

How to Use a Business Roadmap Template for Strategic Planning

Wrike

JULY 29, 2023

By understanding the business’s strengths, weaknesses, opportunities, and threats, businesses can make informed decisions and develop strategies that leverage their strengths and mitigate potential risks. Goals and objectives: These are specific, measurable targets that the organization aims to achieve.

Technical Review

Technical Review Planning Underperforming Technical Team Development Team Review

PROJECT MANAGEMENT BENCHMARKING, an excellence enabling instrument

International Institute for Learning

OCTOBER 4, 2022

All companies desire to remain competitive and continuously improve their project management performance by becoming more efficient and more effective in the execution of their project management processes. The internal organizational units can also be responsible for evaluating external literature related to project management.

Aerospace

Aerospace Underperforming Technical Team Governance Government

Performance Reporting in the Project Management

Techno-PM

AUGUST 23, 2021

Performance reports provide an in-depth analysis of how well the company has done over time, its strengths, and weaknesses, and how it compares to other companies in its industry. This type of information can be used to make decisions about changing the company's strategy or direction for future success. When it comes to reporting.

Performance Measurement

Performance Measurement Budget Risk Management Risk

Performance Reporting in the Project Management

Techno-PM

AUGUST 23, 2021

Performance reports provide an in-depth analysis of how well the company has done over time, its strengths, and weaknesses, and how it compares to other companies in its industry. This type of information can be used to make decisions about changing the company's strategy or direction for future success. When it comes to reporting.

Performance Measurement

Performance Measurement Budget Risk Management Risk

10 ways to maintain consistent project quality.

Techno-PM

JULY 5, 2023

It also helps keep the project on budget and reduces the risk of project failure. In this article, we will discuss 10 ways to maintain consistent project quality, providing tips and strategies that can be implemented to improve the chances of project success. Download Project Management Templates !

Technical Review

Technical Review Monitoring Software Review Defining

10 ways to maintain consistent project quality.

Techno-PM

JULY 5, 2023

It also helps keep the project on budget and reduces the risk of project failure. In this article, we will discuss 10 ways to maintain consistent project quality, providing tips and strategies that can be implemented to improve the chances of project success. Download Project Management Templates !

Technical Review

Technical Review Monitoring Software Review Defining

Effectiveness vs Efficiency: Understanding Key Distinctions

Wrike

JUNE 11, 2023

When evaluating the effectiveness of a business, consider the alignment between the business’s goals and its strategies. A company that effectively aligns its strategies with its objectives is more likely to achieve success and remain competitive in the marketplace.

Software Review

Software Review Technical Review Innovation Performance Measurement

Quality Metrics- What They Are and How To Use Them

Techno-PM

AUGUST 12, 2021

Quality metrics are an essential part of the quality management system and provide a way to measure how well a process is performing. Quality managers can use these metrics to improve processes by identifying problems, analyzing root causes, and developing solutions. What metrics are essential when managing A Project?

Monitoring

Monitoring Budget Risk Management Performance Measurement

Quality Metrics- What They Are and How To Use Them

Techno-PM

AUGUST 12, 2021

Quality metrics are an essential part of the quality management system and provide a way to measure how well a process is performing. Quality managers can use these metrics to improve processes by identifying problems, analyzing root causes, and developing solutions. What metrics are essential when managing A Project?

Monitoring

Monitoring Budget Risk Management Performance Measurement

10 ways to maintain consistent project quality

Techno-PM

JULY 5, 2023

It also helps keep the project on budget and reduces the risk of project failure. In this article, we will discuss 10 ways to maintain consistent project quality, providing tips and strategies that can be implemented to improve the chances of project success. Download Project Management Templates !

Technical Review

Technical Review Monitoring Software Review Defining

Definition of Done

Herding Cats

MARCH 5, 2017

Are the Technical Performance Measures stated in units that can determine how well the systems or system element is satisfying or expected to satisfy a technical requirement or goal? Risk Management is How Adults Manage Projects. Are they considered Critical to Customer? The Art of Systems Architecting.

Software Review

Software Review Technical Review Performance Measurement Estimate

10 Top Process Improvement Tools You Need to Create a More Sustainable Business

nTask

APRIL 28, 2021

A study by BCG/MIT finds that 90% of executives deem sustainability to be important, yet only 60% of companies incorporate sustainability as part of their business strategy, and even less (25%) integrate sustainability into the core of their business model. Add control points and measurements. 10 Top Process Improvement Tools.

Sustainability

Sustainability Process Underperforming Technical Team Lean

Five Immutable Principles of Project Success

Herding Cats

JUNE 4, 2017

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. Estimating is part of risk management. Estimating is part of risk management.

Estimate

Estimate Risk Management Risk Engineering

Project Management Terms for Team Leaders

MindGenius

JUNE 26, 2019

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. You’re not alone! PRINCE2, NVP, Analogous Estimating etc.

Risk Management

Risk Management Prince2 Risk Controlling

How to Talk About Estimates

Herding Cats

APRIL 29, 2017

The best starting point for determining the NEEDED precision and accuracy is to determine the Value at Risk. . If I'm risking two weeks of work for the Scrum team of 5 people it's a much different need from the risk of a $10B manned spaceflight program being supported to congress for budget authorization. . Answer 2 weeks.

Estimate

Estimate Risk Management Risk SCRUM

Biases in Project Management and How to Remove Them

Herding Cats

JUNE 9, 2018

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. These principles originate in: .

Transportation

Transportation Software Engineering Finance 2011

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

OCTOBER 1, 2016

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. It can be the cost, schedule, and technical performance measures of the software project. What is the value at risk you are willing to right off if you lose control?

Closing

Closing Estimate Controlling Process

6 Tips for Better Schedule Management

ProjectManager.com

DECEMBER 24, 2019

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. Never Manage Your Project Schedule in a Silo.

Software Review

Software Review Risk Management Risk Performance Measurement

Biases in Project Management and How to Remove Them

Herding Cats

JUNE 9, 2018

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. These principles originate in: .

Transportation

Transportation Software Engineering Finance 2011

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

Herding Cats

OCTOBER 28, 2016

This is another example of Bad Management and Doing Stupid Things on Purpose. Herding Cats: Project Management, Performance Measures, and Statistical Decision Making. IT Risk Management. Information Technology Estimating Quality. Herding Cats: Estimating Resources.

Estimate

Estimate Performance Measurement Information Technology Risk Management

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

MARCH 11, 2018

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.

Software Developers

Software Developers Software Development Risk Management Risk

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

AUGUST 5, 2017

Managing Cost, Schedule, & Technical Performance Risk Is The Basis Of Good Project Management. Risk management is essential to the success of any significant project. Certain information about key project cost, performance, and schedule attributes are often unknown until the project is underway.

Risk Management

Risk Management Risk Estimate Underperforming Technical Team

Increasing the Probability of Project Success

Herding Cats

JANUARY 5, 2017

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. Hope is not a Strategy.

Estimate

Estimate Closing Controlling Defining

Compendium of Works to Increase Probability of Project Success

Herding Cats

APRIL 16, 2019

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP). Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Technical Performance Measures (#TPM). Strategy (#Strategy).

Technical Review

Technical Review Performance Measurement Underperforming Technical Team Governance

What Is a Balanced Scorecard? (Example & Template Included)

9 Types of Artifacts in Project Management

Trending Sources

Benefits Of The Strategy Canvas Tool For Strategic PM’s

Value Innovation Strategy For Strategic Project Managers

Project Artifacts and How to Use Them

Risk Management Frameworks in IT: A Comparative Analysis

The 5 Phases of Project Management Process and Techniques

125 Project Management Buzzwords

Crafting an Effective Operational Excellence Strategy for Business Growth

What is A System for Value Delivery in Project Management

Understanding the Organizational Governance System as Project Managers

A Compendium of Works to Increase the Probability of Project Success

Project Execution: A Four-Step Project Management Strategy

Five Immutable Principles of Project Success

Project Management Process & Phases

From Strategy To Execution and Delivery

ITIL® 4 Strategist: Direct, Plan, and Improve: Advantages and Disadvantages of ITIL® 4 Strategist: Direct, Plan, and Improve

A Strategic PM’s Guide to the Satir Model for Change

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

Mastering Workload Management for Enhanced Productivity

How to Use a Business Roadmap Template for Strategic Planning

PROJECT MANAGEMENT BENCHMARKING, an excellence enabling instrument

Performance Reporting in the Project Management

Performance Reporting in the Project Management

10 ways to maintain consistent project quality.

10 ways to maintain consistent project quality.

Effectiveness vs Efficiency: Understanding Key Distinctions

Quality Metrics- What They Are and How To Use Them

Quality Metrics- What They Are and How To Use Them

10 ways to maintain consistent project quality

Definition of Done

10 Top Process Improvement Tools You Need to Create a More Sustainable Business

Five Immutable Principles of Project Success

Project Management Terms for Team Leaders

How to Talk About Estimates

Biases in Project Management and How to Remove Them

Closed Loop Control and Granularity of the Estimating Process

6 Tips for Better Schedule Management

Biases in Project Management and How to Remove Them

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

Microeconomics and Risk Management in Decision Making for Software Development

Risk Management in Five Easy Pieces, with Apologies to Jack

Increasing the Probability of Project Success

Compendium of Works to Increase Probability of Project Success

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