MPUG

MAY 6, 2021

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 1: Overview Of Project Performance Measurements, being provided by MPUG for the convenience of our members. Kyle: Hello, and welcome to part one of MPUGs Project Performance Measurement course.

Performance Measurement 52

Performance Measurement Underperforming Technical Team Governance Government 52

The IIL Blog

OCTOBER 17, 2023

Business Analysis A process in which an individual identifies business needs, defines solutions and facilitates change to meet organizational goals. Cost-Benefit Analysis A method is used to assess a project’s potential benefits compared to its costs to determine if the project is worth doing. It is also known as the 80-20 rule.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Herding Cats

MAY 16, 2019

All project progress is measured independent of resources expended - Mr. Gary Bliss, Director Performance Assessment and Root Cause Analysis (PARCA), US Department of Defense. This bounding of the cost estimate may be attempted through sensitivity analyses or through a formal quantitative risk analysis.

Performance Measurement 33

Performance Measurement Technical Review Estimate Risk Management 33

ProProfs Project Management

JANUARY 21, 2020

Performance Measurement Baseline. This creates a point of comparison of all the other baselines to evaluate project performance. Risk is any positive or negative event that can affect project execution. Techniques/Analysis/Tools. PEST Analysis. Qualitative Risk Analysis. S-curve Analysis.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111

MPUG

APRIL 4, 2022

Conduct a Variance Analysis. The results of the variance analysis are included in the Final Report of the project. Variance and Variance Analysis are two separate, but intertwined terms. As noted in the definition of variance analysis, a comparison is always with respect to the latest baseline.

Closing 109

Closing Performance Measurement Project Life Cycle Executing 109

Herding Cats

MARCH 17, 2019

Business, Technical, Systems, Risk, and Project Management. 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. Risk Management.

2003 54

2003 2011 2008 Performance Measurement 54

Herding Cats

NOVEMBER 14, 2018

Decision Analysis is a principle, technique, and application to address complex decisions in a structured manner. One approach to decision making utilizes a form of multi-criteria decision analysis to evaluate multiple conflicting criteria in decision making. Mathematically, the value equals performance over cost plus time.

Technical Review 47

Technical Review 2010 2014 Software Developers 47

nTask

APRIL 28, 2021

Add control points and measurements. This includes identifying process risks or sustainability measures to monitor the process. Process improvement tools are techniques and methods to be used by organizations that will drive improvements in quality and performance, targeting the processes of a business. Fishbone Diagram.

Sustainability 120

Sustainability Process Underperforming Technical Team Lean 120

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 36

Risk Management Risk Underperforming Technical Team Technical Review 36

ProProfs Project Management

MARCH 18, 2020

Planning includes creating strategies for managing, scope, schedule, cost, quality, resources, risk, communications, procurement and also making a plan for stakeholder engagement. . Risk : This is an integral part of planning. Risks are identified after creating a risk management strategy. Plan Risk Management .

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

MPUG

MAY 21, 2021

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 3: Using MS Project to Track and Report on Performance, being provided by MPUG for the convenience of our members. This one’s titled using MS Project to track and report on performance.

Performance Measurement 52

Performance Measurement Technical Review Software Review Budget 52

The Strategic Project Manager

MARCH 11, 2024

Here are some situations when it’s beneficial to use the Strategy Canvas: Strategic Analysis: Use the Strategy Canvas to analyze your company’s competitive positioning relative to competitors. Risk Management: Identifying and managing risks is a critical aspect of project, program, and portfolio management.

Technical Review 105

Technical Review Innovation Retail Sustainability 105

Herding Cats

FEBRUARY 12, 2018

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. Programmatic ?

Risk 39

Risk Technical Review 2009 2010 39

Rebel’s Guide to PM

SEPTEMBER 26, 2016

In parallel, organisations demand greater project collaboration capabilities to deal with more challenging projects and improved portfolio analytics to better manage portfolio risk but cannot find an all-in-one tool to satisfy all their needs. A tiny snapshot of the analysis that the different software tools went through.

Software Review 150

Software Review Software Technical Review PMI 150

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. Department of Energy.

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

Herding Cats

APRIL 16, 2019

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

Technical Review 42

Technical Review Performance Measurement 2003 Governance 42

Herding Cats

MARCH 11, 2018

Economics is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Now To Risk Management.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

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 42

Risk Management Risk Estimate Underperforming Technical Team 42

Herding Cats

DECEMBER 29, 2017

Like nearly every observed problem, there is some underlying cause and Root Cause Analysis is the first step in assessing this undesirable condition to determine if it is correctable or preventable. Any successful technical communication needs to have: Measures of Effectiveness. Measures of Performance.

Process 56

Process Estimate Engineering Performance Measurement 56

NimbleWork

APRIL 16, 2024

Planning: In this process, project managers develop a comprehensive project plan that outlines the scope, schedule, budget, resources, and risks associated with the project. These techniques are essential for managing project resources, controlling project scope, managing risks, and ensuring project success.

Process 52

Process 2030 Software Review Estimate 52

Herding Cats

OCTOBER 28, 2016

At times I work for the Institute for Defense Analyses , who produces Root Cause Analyses for software-intensive system of systems, here's an example Expeditionary Combat Support System: Root Cause Analysis. Start with Root Cause Analysis and only then suggest the reason for the problem. IT Risk Management.

Estimate 28

Estimate Performance Measurement Information Technology Risk Management 28

The Strategic Project Manager

MARCH 14, 2024

Here are some ideas: Market Analysis – Before formulating a strategy, a strategist analyzes the market to identify existing competition, market trends, and customer needs. Risk Management – Project managers can leverage value innovation principles to inform risk management strategies.

Innovation 52

Innovation Sustainability Performance Measurement Risk Management 52

Herding Cats

APRIL 30, 2019

Of course, No Root Cause analysis has been performed by these advocates, but it makes good click bait for their followers. This approach is guided by the processes for Root Cause Analysis on Software Intensive System of Systems project I've worked. Root Cause Analysis. What was the risk-adjusted date?

Software Review 41

Software Review Technical Review 2018 Engineering 41

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

Project Pulse Journal

MARCH 7, 2024

Each knowledge area plays a role in value delivery by enabling effective project governance, resource management, risk mitigation, and stakeholder engagement. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.

Governance 52

Governance Government Technical Review Sustainability 52

Henny Portman

SEPTEMBER 17, 2024

In “ Portfolio Communications and Management Data ,” Dennis Lock describes what should ideally occur in a well-functioning portfolio and concludes by outlining some of the risks and threats that may delay or prevent the successful delivery of portfolio benefits. When displaying KPIs, it is helpful to compare them against targets.

Technical Review 52

Technical Review Software Review Governance Government 52

Workamajig

JANUARY 11, 2021

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. A project sponsor can request an audit.

Underperforming Technical Team 60

Underperforming Technical Team Project Life Cycle Estimate Software Review 60

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

DECEMBER 8, 2017

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.

Performance Measurement 35

Performance Measurement 2017 Technical Review 2008 35

Herding Cats

OCTOBER 12, 2018

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. Technical Performance Measures.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

Herding Cats

MARCH 31, 2017

With execution underway, managing the risks of the project becomes our focus beyond the engineering work. Estimating Processes in Support of Economic Analysis. With the Requirements in place - and these can be a list of Features held in the Product Roadmap and Release Plan for agile, we need to lay out how they will be built.

Process 53

Process Engineering Estimate Software Development 53

Techno-PM

AUGUST 23, 2021

What is performance reporting? Performance reporting is the process of collecting and analyzing data about a company's performance. 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.

Performance Measurement 36

Performance Measurement Budget Risk Management Risk 36

Techno-PM

AUGUST 23, 2021

What is performance reporting? Performance reporting is the process of collecting and analyzing data about a company's performance. 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.

Performance Measurement 36

Performance Measurement Budget Risk Management Risk 36

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? Estimating Processes in Support of Economic Analysis. Risk Management is How Adults Manage Projects. Related articles. Close Loop Thinking.

Software Review 28

Software Review Technical Review Performance Measurement Estimate 28

Herding Cats

DECEMBER 4, 2017

The technical measures are a set of attributes used to provide the supplier (developer) and the acquirer (customer) with insight into the progress of the definition and development of the technical solution, the ongoing assessment of the associated risks and issues, and the likelihood of meeting the critical objectives of the acquirer (customer).

2005 37

2005 Performance Measurement Closing Controlling 37

Epicflow Blog

OCTOBER 8, 2019

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. It contains all the details about the tasks a project team has to perform. . Assumption Analysis . Activity Attributes . Bar Chart

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

Epicflow Blog

OCTOBER 8, 2019

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. It contains all the details about the tasks a project team has to perform. . Assumption Analysis . Activity Attributes . Bar Chart

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40