ProProfs Project Management

JANUARY 21, 2020

It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. The shortest time estimated to complete a specific project task or activity is known as optimistic duration. Performance Measurement Baseline. It is an estimation technique based on an expert consensus.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Technical Review 111

Herding Cats

JULY 17, 2017

I work in a domain where estimates are made every single week. Estimate to Complete (ETC), Estimate at Completion (EAC), Estimated Completion Date (ECD) are the life blood of our software intensive system of systems programs. This, of course, is nonsense, since estimates are about the past, present, and future.

Estimate 34

Estimate Logistics Performance Measurement Governance 34

Herding Cats

AUGUST 27, 2017

There's a recent post titled Four Fallacious Reasons to Estimate. It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. Let's look at each one in more detail.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

Herding Cats

MARCH 5, 2017

The common definition of the Definition of Done in agile software development is (mostly from the Scrum Alliance and other official Scrum sites): A simple list of activities (coding, comments, unit testing, integration, release notes, design documents, etc.) These Measures have Little meaning to the Decision Makers.

Software Review 28

Software Review Technical Review Performance Measurement Estimate 28

Herding Cats

APRIL 16, 2019

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).

Technical Review 42

Technical Review Performance Measurement 2003 Governance 42

Herding Cats

DECEMBER 4, 2017

The units of measure of Value have several different names. Let's look at the measures for the Product or Service independently from its application in the business or fulfillment of the Mission. Here are definitions from "Technical Measurement," INCOSE-TP-2005-020-10. Measures of Performance.

2005 37

2005 Performance Measurement Closing Controlling 37

Herding Cats

JUNE 19, 2017

The Cone of Uncertainty as a Technical Performance Measure. Of late, Cone of Uncertainty has become the mantra of No Estimates advocates claiming that data is needed BEFORE the Cone is of any use. The Cone of Uncertainty as a Technical Performance Measure. Measure of Effectiveness. Measure of Performance.

Technical Review 35

Technical Review Performance Measurement Underperforming Technical Team Estimate 35

Herding Cats

JULY 24, 2017

The paper on the Cone of Uncertainty is used by many in the No Estimates community as an example of why estimates are of little use. In this paper, there is data that does not follow the Cone of Uncertainty, in that the uncertainty of the estimates does not reduce as the project proceeds. Then there is some analysis.

2007 42

2007 2012 2006 2008 42

Herding Cats

FEBRUARY 9, 2018

I've seen estimates abused by bad managers, so let's NOT estimate and that will fix the behavior of Bad Managers." While the human behaviors are real and observable, conjecturing that decisions can be made in the presence of uncertainty without estimating the outcome of those decisions, there is no principle to support that conjecture.

Underperforming Technical Team 44

Underperforming Technical Team Estimate 2003 Software Review 44

Herding Cats

APRIL 30, 2019

A recent lawsuit by Hertz Rental Car against Accenture has turned into a rallying cry by Agilest and No Estimates advocates. Of course, No Root Cause analysis has been performed by these advocates, but it makes good click bait for their followers. What are the Measures of Performance for each Deliverable that implements a Capability.

Software Review 41

Software Review Technical Review 2018 Engineering 41

Herding Cats

FEBRUARY 12, 2018

risks that may prevent the end item from performing as intended or not meeting performance expectations. Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters describe the measures of these expectations. Programmatic ?

Risk 39

Risk Technical Review 2009 2010 39

International Institute for Learning

OCTOBER 4, 2022

Gap can also exist for performance improvement expectations such as: Reduction in risk by a certain percentage, cost, or time. Improvement in estimating accuracy by a certain percentage or dollar value. Third, there is no uniform definition of success on a project. Cost savings of a certain percentage or dollar value.

Aerospace 59

Aerospace Underperforming Technical Team Governance Government 59

Herding Cats

DECEMBER 5, 2017

And to make those risk-informed decisions in the presence of reducible and irreducible uncertainty we need to ESTIMATE. Definitive Descriptions of System Deliverables. Top Four Sources of Unfavorable Program Performance. Unrealistic Performance Expectations. Unrealistic Cost and Schedule Estimates.

Aerospace 37

Aerospace Estimate Governance Government 37

Herding Cats

NOVEMBER 5, 2018

In a previous post, Why Johnny Can't Estimate , mentioned some resources for estimating, the principles of business and technical management that demand estimates be made to make decisions, and background on the sources of uncertainty, that create risk, that require estimating to increase the probability of project success.

Software Review 34

Software Review Estimate Technical Review Software Development 34

Epicflow Blog

OCTOBER 8, 2019

On the other hand, it’s quite difficult to retain all the definitions in memory and a good PM dictionary would be a lifesaver. . Activity Duration Estimates Review . Analogous Estimating . is a process of examining and determining risks of project failure as a result of improper assumption estimation. Activity List .

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

Epicflow Blog

OCTOBER 8, 2019

On the other hand, it’s quite difficult to retain all the definitions in memory and a good PM dictionary would be a lifesaver. . Activity Duration Estimates Review . Analogous Estimating . is a process of examining and determining risks of project failure as a result of improper assumption estimation. Activity List .

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

Workamajig

JANUARY 11, 2021

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

Underperforming Technical Team 60

Underperforming Technical Team Project Life Cycle Estimate Software Review 60

Herding Cats

JANUARY 22, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Here's a simple definition of the Cone of Uncertainty: . There can be cost and schedule performance measures as well.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

MARCH 4, 2017

This is an immutable principle that impacts planning, execution, performance measures, decision making, risk, budgeting, and overall business and technical management of the project and the business funding the project no matter the domain, context, technology or any methods. All project work operates in the presence of uncertainty.

2010 28

2010 2007 Estimate Aerospace 28

Techno-PM

SEPTEMBER 2, 2021

To measure effectiveness, you need three things: quantitative data about performance measurements, qualitative data about stakeholder satisfaction with outcomes achieved (or dissatisfaction), and information on contextual factors affecting success or failure. What happens during the execution phase?

Executing 36

Executing Monitoring Performance Measurement Estimate 36

Herding Cats

FEBRUARY 4, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Here's a simple definition of the Cone of Uncertainty: . Estimates are needed but are subject to large level of uncertainty.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

Herding Cats

OCTOBER 16, 2018

For approaches that have been implemented on existing systems, obtaining such understanding may require measurement and analysis. For scenarios where the project under consideration does not yet exist, performance prediction using analytical modeling or simulation is necessary. Let's start with a definition.

Aerospace 41

Aerospace Engineering 2012 2014 41

Herding Cats

JANUARY 17, 2017

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). Here's a simple definition of the Cone of Uncertainty: . There can be cost and schedule performance measures as well.

Technical Review 28

Technical Review 2005 Estimate Software Review 28

Herding Cats

NOVEMBER 29, 2017

The IMP should provide sufficient definition to track the step-by-step completion of the required Accomplishments for each event and to demonstrate satisfaction of the completion Criteria for each Accomplishment. Action verbs and their definitions are a hedge against conflicts and confusion in the execution of the program.

Planning 42

Planning Software Review Governance Government 42

Herding Cats

NOVEMBER 14, 2018

The ordinal risk values are then combined with additive weighting or by multiplication to compute an aggregate measure of overall risk. [1]. The Core Issue with Ordinal Measures . First some definitions and a prior post on The Story Point Problem. A Cardinal number says how many of something there is. And of course.

Technical Review 47

Technical Review 2010 2014 Software Development 47

Herding Cats

MARCH 30, 2019

The emphasis os Systems Management is on organizational skills, processes, and persistence Process definition and control are essential to effective, efficient, and consistent implementation. Without knowing what Done Looks Like, in units of Measures of Effectiveness and Measures of Performance.

Software Development 39

Software Development Software Developers Agile Software 39

Herding Cats

JUNE 7, 2018

Cohesion is the measure of how well module fits together. This might be the actual definition of Independent fro the User Story. In the presence of uncertainty, estimates is needed to make decisions. A cohesive component should implement a single logical function or single logical entity. harder to understand and not reusable.

Underperforming Technical Team 32

Underperforming Technical Team SCRUM Software Engineering Risk Management 32

Herding Cats

JUNE 7, 2018

Cohesion is the measure of how well module fits together. This might be the actual definition of Independent fro the User Story. In the presence of uncertainty, estimates is needed to make decisions. A cohesive component should implement a single logical function or single logical entity. harder to understand and not reusable.

Underperforming Technical Team 28

Underperforming Technical Team SCRUM Software Engineering Risk Management 28

Project Pulse Journal

MARCH 7, 2024

Cost Management: Focuses on the estimation, budgeting, and regulation of project costs throughout the project lifecycle, ensuring adherence to budgetary constraints while optimizing value creation for stakeholders.

Governance 52

Governance Government Technical Review Sustainability 52

MPUG

JUNE 1, 2022

In addition to that, as well as the PMI standards plus to lead the way for the immediate processes, the techniques when it comes to things like estimating or requirements management and things along those lines. Then they talk about interactions with other performance domains. It’ll definitely point the reference to those.

PMI 59

PMI Software Review Estimate Risk Management 59

The IIL Blog

JANUARY 29, 2025

By Alan Zucker January 29, 2025 Earned Work Management is a lightweight, approach-agnostic project performance measurement system that supports Waterfall, Scrum, and Kanban. This allows organizations employing different project approaches to measure project portfolio performance consistently.

2025 78

2025 Performance Measurement Estimate PMI 78