article thumbnail

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

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. Measures of Product Value is Exchange for Its Cost. Technical Performance Measures.

2003 54
article thumbnail

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). Project Performance Management. Building a Credible Performance Measurement Baseline - without a good foundation, nothing can be built. Risk Management (#RM).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cone of Uncertainty Bibliography

Herding Cats

It can be the needed performance of a measure - Effectiveness, Performance, Key Performance Parameter, or a Technical Performance Measures. The specifics of the Technical Performance Measures applied to inform Physical Percent Complete and the Cone of Uncertainty around the TPM are shown here.

article thumbnail

The Functions of a Project Management Office

Project Pulse Journal

It includes monitoring the progress of projects in the portfolio, ensuring they deliver the expected benefits, and making necessary adjustments to the portfolio based on performance and strategic changes. Performance Measurement Implementing and maintaining performance measures and metrics is essential for assessing success.

PMO 52
article thumbnail

What is A System for Value Delivery in Project Management

Project Pulse Journal

Functions Associated with Projects A system for value delivery encompasses a range of knowledge areas associated with the project lifecycle, including initiating, planning, executing, and closing (PMBOK, 2017). Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

article thumbnail

Deconstructing the Hertz and Accenture Debacle

Herding Cats

Accenture committed to delivering an updated, redesigned, and re-engineered website and mobile apps that were ready to “go-live” by December 2017. What are the Measures of Effectiveness for each Capabilities to meet the business and technical goals. What are the Measures of Performance for each Deliverable that implements a Capability.

article thumbnail

Decision Analysis - Ordinal and Cardinal Measures

Herding Cats

2] "Evaluating Risk: A revisit of the Scales, Measurement Theory, and Statistical Analysis Controversy," J. Solomon, Daniel Vallero, and Kathryn Benson, International Reliability and Maintenance Symposium , 2017. [3] 3] “Measurement Scales and Statistics: The Misconception Misconceived,” J. References . [1] Townsend and F.G.