Rebel’s Guide to PM

FEBRUARY 1, 2022

Chapter 5 covers the agile project management model and then the rest of the book covers the process and project lifecycle in detail, with chapters on governance, scaling and performance measurement. This book is a deep dive into how to write effective user stories but it’s also far more than that. Buy on Amazon. Buy on Amazon.

PMI 195

PMI Certification Estimate Software Review 195

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

MPUG

MAY 14, 2021

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 2: What to Measure and How to Report, being provided by MPUG for the convenience of our members. Kyle: And welcome to Part 2 of MPUG’s Project Performance Measurement course.

Performance Measurement 59

Performance Measurement Underperforming Technical Team Software Engineering Engineering 59

Herding Cats

APRIL 29, 2017

What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something. An estimate as a verb is to roughly calculate or judge the value, number, quantity, or extent of. But those estimates, nouns, and verbs themselves's have other attributes.

Estimate 46

Estimate Risk Management Risk SCRUM 46

ProProfs Project Management

JANUARY 21, 2020

Doing so, you get most issues resolved and meet your project deliverables – but, when it came to reporting, you were clueless as to how to go about it. It refers to any prediction or estimation made on a project’s status, including how it will unfold in the future. Performance Measurement Baseline. PEST Analysis.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Technical Review 111

Herding Cats

MARCH 17, 2019

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

2003 2008 2011 Performance Measurement 54

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

Epicflow Blog

NOVEMBER 8, 2021

Read further to know more about its functions and how to create it. . Schedule Baseline as a Performance Baseline Component . It’s a component of a performance measurement baseline that consists of scope, schedule, and cost baselines and is included into a project plan. How to Make a Baseline Schedule? .

Software Review 93

Software Review Estimate Monitoring Performance Measurement 93

Herding Cats

OCTOBER 11, 2016

There is a current rash of suggestions on how to improve the performance of software projects. This is from one of our presentations from a International Cost Estimating and Analysis Association meeting on the same topic. Figure 1 - Planned Estimates versus Actual Performance from [1].

Performance Measurement 28

Performance Measurement Aerospace 2006 Estimate 28

ProProfs Project Management

MARCH 18, 2020

The activities are then sequenced, and the duration required for each activity is estimated. Cost : A cost management strategy is first made, after which the cost for each work package is estimated. The estimates are then summed up, and some reserves are added to it to create the project budget.

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

Workamajig

JUNE 11, 2019

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. It’s not enough to measure things; you must also measure the right things in the right way.

Estimate 93

Estimate Budget Infrastructure Performance Measurement 93

Herding Cats

APRIL 16, 2019

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Managing projects in the presence of uncertainty means making decisions about cost, schedule, and technical performance all risk-adjusted , from the uncertainties that create risk.

Technical Review 42

Technical Review Performance Measurement 2003 Underperforming Technical Team 42

Herding Cats

DECEMBER 29, 2017

To make some conjecture that some process will fix the problem - Estimates are the smell of dysfunction and NOT Estimating will fix that dysfunction - is naive at best and willfully ignorant of Root Cause Analysis at worse. Take a course on how to write well. Measures of Performance. Key Performance Parameters.

Process 56

Process Estimate Engineering Manufacturing 56

Herding Cats

DECEMBER 8, 2017

The CoU paradigm defines the needed reduction in uncertainty is some performance metric. This can be the confidence in the estimate for any variable. It can be the needed performance of a measure - Effectiveness, Performance, Key Performance Parameter, or a Technical Performance Measures.

Performance Measurement 35

Performance Measurement 2017 Technical Review 2008 35

Herding Cats

JANUARY 23, 2018

These publications tell us what ought to be done and why we ought to do it, but rarely if ever describe how to do it. . Determination of physical percent complete is rooted in performance measurement, the comparison of actual performance against an integrated baseline plan consisting of integrated cost, schedule, and technical goals.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44

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

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. In Earned Value Management paradigm, progress is always measured as physical percent complete. The Measures of Performance are.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

MPUG

SEPTEMBER 21, 2020

In EVM terminology, baseline is further defined as the performance measurement baseline (PMB). Performance Measurement Baseline (PMB). While it’s true that story points are used to relatively estimate work items being taken-up, work is not considered to be fully “done” until the end of the iteration.

Underperforming Technical Team 59

Underperforming Technical Team Agile Performance Measurement PMI 59

Herding Cats

DECEMBER 4, 2017

Measures of Performance - are performance measures that characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. Measures of Performance. The Technical Performance Measures. Related articles.

2005 37

2005 Performance Measurement Closing Controlling 37

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. In Kahnemann's Thinking Fast and Slow there are three biases. †.

Transportation 39

Transportation Software Engineering Finance 2011 39

Herding Cats

JANUARY 5, 2017

These charts are an extract from the book Performance-Based Project Management: Increasing the Probability of Project Success and the abstracted training materials Handbook. How to Avoid the "Yesterday's Weather" Estimating Problem. Related articles. Doing the Math. Hope is not a Strategy. Complex, Complexity, Complicated.

Estimate 81

Estimate Closing Controlling Defining 81

Herding Cats

AUGUST 5, 2017

Risk management is concerned with the outcome of future events, whose exact outcome is unknown, and with how to deal with these uncertainties. What are the “units of measure” for this increasing maturity? The answers to each of these questions require making estimates in the presence of uncertainty.

Risk Management 42

Risk Management Risk Estimate Underperforming Technical Team 42

Herding Cats

JULY 9, 2018

Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters are the units of measure meaningful to the decision makers. Cost, Schedule, and these measures are tightly interconnected. No Deadlines. No not to exceed budgets.

2001 31

2001 Software Estimate Performance Measurement 31

Herding Cats

MARCH 11, 2018

When we hear about software development disasters and then hear that estimates are to blame, and NOT Estimating will somehow reduce or prevent these disasters, think again. Each of the categories operates in the presence of uncertainty and requires that estimates be made about the probability, conseqeunce of the resutling risk.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

Herding Cats

DECEMBER 5, 2017

And as always, in order to manage in the presence of uncertainty, we need to make decisions about how to reduce this uncertainty and therefore reduce the risk that results from the uncertainty. And to make those risk-informed decisions in the presence of reducible and irreducible uncertainty we need to ESTIMATE. Schedule Impacts.

Aerospace 37

Aerospace Estimate Governance Government 37

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). This is a closed loop control system for managing the program with a T echnical Performance Measure (TPM).

Technical Review 28

Technical Review 2005 Estimate Software Review 28

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). Estimates are needed but are subject to large level of uncertainty. There can be cost and schedule performance measures as well.

Technical Review 28

Technical Review Estimate 2005 Software Review 28

Herding Cats

JANUARY 29, 2018

The principles of microeconomics of decision making in the presence of uncertainty mandates you make estimates of how to achieve that Value in terms of cost and schedule, those three (and all) variables are random variables, usually driven by a stochastic process. There's a popular notion in Agile that says Focus on Value.

Manufacturing 40

Manufacturing Estimate Risk Management Budget 40

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. In Kahnemann's Thinking Fast and Slow there are three biases. †.

Transportation 28

Transportation Software Engineering Finance 2011 28

Herding Cats

JULY 9, 2018

Measures of Effectiveness, Measures of Performance, Technical Performance Measures, and Key Performance Parameters are the units of measure meaningful to the decision makers. Cost, Schedule, and these measures are tightly interconnected. No Deadlines. No not to exceed budgets.

2001 28

2001 Software Estimate Performance Measurement 28

Herding Cats

AUGUST 12, 2016

Unrealistic performance expectations missing Measures of Effectiveness and Measures of Performance. Unrealistic Cost and Schedule estimates based on inadequate risk adjusted growth models. Before diving into the details of these, let me address another issue that has come up around project success and estimates.

2003 28

2003 Estimate Technical Review Aerospace 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. Risk Management is How Adults Manage Projects - Tim Lister.

2010 28

2010 2007 Estimate Aerospace 28

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 Technical Review Estimate Software Developers 34

Herding Cats

APRIL 5, 2016

The economic problem of society is thus not merely a problem of how to allocate "given" resources-if "given" is taken to mean given to a single mind which deliberately solves the problem set by these "data." Five Estimating Pathologies and Their Corrective Actions. How Think Like a Rocket Scientist - Irreducible Complexity.

Software Developers 28

Software Developers Software Development Software Review Software 28

Epicflow Blog

APRIL 25, 2024

’ And he replied, ‘OK, this is what I wanted to know’ ” Eli Schragenheim This paradigm shifts our perspective on how to approach uncertainty. For example, a project estimated at 100 work hours might include a 20-hour time buffer for contingencies like absences or technical issues.

2016 52

2016 Monitoring Risk Management Healthcare 52

Herding Cats

NOVEMBER 14, 2018

Brown and his book The Handbooks of Program Management: How to Facilitate Project Success with Optimal Program Management and my review of the same book. No Credible Decision Can Be Made in the Presence of Uncertainty with making Estimates of the Impact of those Decisions. I came to AHP through a seminar by Dr. James T. 677-680. . [5]

Technical Review 47

Technical Review 2010 2014 Software Developers 47

Herding Cats

NOVEMBER 29, 2017

Much has been written about the sources of risk and how to Manage in the Presence of Uncertainty (This briefing describes how risk is managed for each element of the Integrated Master Plan). . Updated - Revisions made to documents, metrics, and cost estimates to incorporate contractor and/or Government changes.

Planning 42

Planning Software Review Governance Government 42