A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Integrated Master Plan: The Foundation of Program Success , College of Performance Management, May 21, 2014. The Nine "I's" of Program Success ," College of Performance Management. Forming, Storming, Norming, Performing, and Adjourning. Project Performance Management. Connecting the 5 Principles and 5 Practices of Performance-Based Project Management ® To Increase the Probability of Project Success. Building a Credible Performance Measurement Baseline.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Strategy (#Strategy). The overarching theme is focused on defining what Done looks like, assessing progress toward Done in units of measure meaningful to the decision makers. Those units always start with Measures of Effectiveness and Measures of Performance. Strategy.

2019 37
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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. Hope is not a Strategy. Capabilities Earned Value Estimating Governance Management Performance-Based Project Management® Principles Requirements Risk Root Cause Analysis Technical Performance MeasuresIncreasing the Probability of Project Success Simple in Theory, Complex in Practice.

2017 69

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). . Every month there is a Month End reports, both showing cumulative cost to date, cumulative schedule performance, and Physical Percent Complete. What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something.

Definition of Done

Herding Cats

These Measures have Little meaning to the Decision Makers. Do those capabilities meet the Measures of Effectiveness needed to accomplish the mission of the system in operational units of success closely related to the achievements of the mission or operational objectives evaluated in the operational environment, under a specific set of conditions? These are attributes to assure the system has the capability and capacity to perform.

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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. It assessed the current state of its e-commerce activities, defined goals, and strategy for its digital business, and developed a roadmap that would allow Hertz to realize its vision. Were there: Measures of Effectiveness. Measures of Performance. Key Performance Parameters. Measures of Physical Percent Complete.

2019 36

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. NoEstimates Decision Making Estimating Governance Management Planning Principles Product Management Project Management Requirements Strategy Systems Theory Technical Performance Measures

2018 28

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 Impediments will be encountered along the way to Done and what are the handling strategies for each impediment? 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?

Integrated Master Plan - Revisited

Herding Cats

Plans are Strategies. A Strategy is a Hypothesis. The role of the Integrated Master Plan is to provide the Strategy for the successful completion of the program. 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.

2017 37

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. 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. The Measures of effectiveness. The Measures of Performance are. Key Performance Parameters.

2018 31

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. Hope is Not a Strategy. The Plan for the project is the Strategy for its successful completion. What are the “units of measure” for this increasing maturity? The performance dimension of the consequence of occurrence.

2017 37

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. The test of the hypothesis for projects are the Measures of Effectiveness, Measures of Performance, Key Performance Parameters, and techTechnicalformance Measures used to assess progress to plan for the project. No matter the size of the project.

2017 35

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 Impediments will be encountered along the way to Done and what are the handling strategies for each impediment? 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?

Project Execution: A Four-Step Project Management Strategy

Techno-PM

Project Execution is a project management strategy that incorporates continuous processes and activities to monitor, control, and communicate progress on projects. It helps you perform tasks in the right order to stay on track and finish your project on time.

From Strategy To Execution and Delivery

Herding Cats

What are the units of measure of Value ? 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. There always talk about Focus on Value. But that does that mean?

9 Types of Artifacts in Project Management

Rebel’s Guide to PM

The 9 types of artifacts are: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Strategy artifacts.

2021 393

Quote of the Day

Herding Cats

Goals are broad, measurable, aims that support the accomplishment of a mission. Guiding principles embrace core values and are used to shape an organization’s strategy. Strategy. A strategy is a derived approach to achieving the mission, goals, and objectives of an organization. It elaborates the organizational strategy and documents the elements that influence it. An initiative is a specific set of actions that implement a strategy. Performance Measures.

People Versus Process

Herding Cats

Get the best people (A players), put them on the toughest problems and incent them to perform. [3] The approach for increasing the performance of people outside the small group level includes: Develop a model for execution that fits culture, skills, needs, and capabilities of the participants of the initiatives being managed by the program. Metrics that connect strategy with execution and measure the increasing maturity of the identified capabilities.

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). The results include system-level qualities, properties, characteristics, functions, behavior, and performance. Systems Engineering assess the processes for achieving stakeholder functional, physical, and operational performance requirements in the intended use environment over the planned life of the system within cost, schedule, and internal and external constraints.

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

Techno-PM

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.

2022 54

What Is a Balanced Scorecard in Project Management?

Wrike

Different companies use varying performance measuring strategies. Managers choose the strategy that works best for their teams and specific business needs. Is one performance tracking strategy better than the other?

2022 58

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. These measures of progress fail to describe what business capabilities our project needs to produce or what mission we are trying to accomplish. How are you going to measure progress toward “done” in units. Execute the Performance Measurement Baseline.

2018 98

Project Management Process: The Basics

Clarizen

Monitoring & Controlling : processes required to track, assess, and regulate project performance and progress, as well as identify and initiate changes as necessary. . It also ensures that project selection aligns with overall organizational strategy. Work performance data.

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

The Strategic Project Manager

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. One of the key challenges is predicting the effect of changes on performance. Strategy and the Satir Model for Change.

2022 69

6 Tips for Better Schedule Management

ProjectManager.com

There are many ways to create a project schedule, but creating and managing a good project schedule takes calculation, time, strategy and collaboration. Plus, you can calculate planned versus actual progress across individuals, tasks and projects so your critical path is completely measurable.

2019 263

Quote of the Day

Herding Cats

Without a plan, we can't know what done looks like in any measure meaningful to the decision makers. Planning and plans produce strategies. Strategies are hypotheses. These tests are the feedback from the Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters of the project compared to the planned MOE, MOP, KPP, and TPM's.

Quote of the Day

Herding Cats

Without a plan, we can't know what done looks like in any measure meaningful to the decision makers. Planning and plans produce strategies. Strategies are hypotheses. These tests are the feedback from the Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters of the project compared to the planned MOE, MOP, KPP, and TPM's.

Next Generation Project Management Software

Rebel’s Guide to PM

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. It covered identifying requirements, interconnecting tasks, resources, planned values, actual values, baselines, performance measures, forecast techniques and timesheets. That’s why we need a strategy to implement technology and a holistic view, taking into account those points mentioned above.

2016 248

Project Management Process & Phases

ProProfs Project Management

Initiation is the very first phase of project management, and it is all about measuring the value, benefits, and feasibility of the project. specific, measurable, attainable, realistic, timely) . Resource : An overall resource management strategy is made.

Performance Reporting in the Project Management

Techno-PM

What is performance reporting? Performance reporting is the process of collecting and analyzing data about a company's performance. This type of information can be used to make decisions about changing the company's strategy or direction for future success.

99 Tips

MPUG

Six strategies you can implement as a virtual project manager to ensure your project is successful. 7 Essential Project Performance Measures. We’re featuring 99 of our favorite “tips and tricks” to celebrate this month’s $99 Sale !

2021 52

Performance Reporting in the Project Management

Techno-PM

What is performance reporting? Performance reporting is the process of collecting and analyzing data about a company's performance. This type of information can be used to make decisions about changing the company's strategy or direction for future success.

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. Decisions are often made faster, and by comparison, change management may look like chaos from the outside but may be exactly the innovation that the project, and by extension, the company’s business strategy needs.

2019 60

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. Decisions are often made faster, and by comparison, change management may look like chaos from the outside but may be exactly the innovation that the project, and by extension, the company’s business strategy needs.

2019 60

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

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. It can be the cost, schedule, and technical performance measures of the software project. Hope is not a Strategy.

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

Herding Cats

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. . Here’s the process used in our domain [link] Buy the Reality Charting tool, buy Apollo Root Cause Analysis: Effective Solutions to Everyday Problems Every Time download Seven Steps to Effective Problem-Solving And Strategies for Personal Success Then this approach may be useful in your domain as well.

2016 57

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

nTask

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.

Quality Metrics- What They Are and How To Use Them

Techno-PM

Quality metrics are an essential part of the quality management system and provide a way to measure how well a process is performing. In addition, they can be used to measure the performance and reliability of products, services, or systems.

2021 36

Quality Metrics- What They Are and How To Use Them

Techno-PM

Quality metrics are an essential part of the quality management system and provide a way to measure how well a process is performing. In addition, they can be used to measure the performance and reliability of products, services, or systems.

2021 36

11 Critical Project Management Metrics Every Agency Needs to Track

Workamajig

Peter Drucker may have said it half a century ago, but the old adage still rings true: “If you can measure it, you can improve it.”. A robust PM system might tell you how a project is doing at any moment, but it can’t tell you how the organization or its constituent people are performing. Measuring and monitoring project management metrics fills this gap. You’ll learn the right approach to use when measuring project performance. Accurately measurable.

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