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 a set of methodologies utilized to meet the ever-changing client requirements. KPI stands for Key Performance Indicators. Kickoff Meeting. Assumption.

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 2011 2008 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

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. NASA Cost Estimating Handbook.

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. Manage Stakeholder Engagement.

Process 99

Process Project Life Cycle Development Team Review Risk Management 99

Herding Cats

NOVEMBER 19, 2018

I came across a post on Twitter that led me to the blog post 3 Questions You Need to Ask at Your Next Meeting. The three questions are the foundation for any meeting, but they're critical to the success of project work as well - no matter the domain, context, or development method. Please subscribe to their newsletter. Resources .

2010 39

2010 Governance Government Performance Measurement 39

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. The tools you’re using to measure the metric must have a low error rate. Planned Value.

Estimate 93

Estimate Budget Infrastructure Performance Measurement 93

Herding Cats

MAY 1, 2017

Performance–Based Project Management ® integrates five critical program management process areas with – Cost, Schedule, and Technical Performance Measures. The inclusion of Technical Performance Measures (TPM) separates this approach from conventional methods based solely on managing cost and schedule.

Performance Measurement 42

Performance Measurement Estimate Risk Management Budget 42

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

NimbleWork

APRIL 16, 2024

Planning involves breaking down the work into manageable tasks, estimating resource requirements, and creating schedules and budgets. It helps project managers and teams organize and define the scope of work, identify tasks, and estimate resource requirements.

Process 52

Process 2030 Software Review Estimate 52

Herding Cats

AUGUST 12, 2017

Measures of Performance (MOP) – characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. These measures are attributes that assure the system has the capability and capacity to perform.

Performance Measurement 39

Performance Measurement Estimate Risk Defining 39

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. Cultural differences - the wider the audience the more they will fail to meet your assumptions.

Process 56

Process Estimate Engineering Performance Measurement 56

Herding Cats

AUGUST 14, 2016

Measure of Performance - characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions. MOP's are attributes that assure the systems to capability to perform. They include projected performance. MOP's belong to the project.

Performance Measurement 49

Performance Measurement Engineering Lean Estimate 49

Herding Cats

DECEMBER 4, 2017

It is up to the business to put this Value to work to meet their business goals. . This insight helps project management make better decisions throughout the life cycle to increase the probability of delivering the technical solution that meets both the specified requirements and the mission needs (business Value).

2005 37

2005 Performance Measurement Closing Controlling 37

Herding Cats

JANUARY 23, 2018

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. Earned Value Management (EVM) often anchors such a performance measurement system in DoD programs.

Technical Review 44

Technical Review Performance Measurement Engineering Estimate 44

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. The Measures of Performance are.

Engineering 32

Engineering Performance Measurement Underperforming Technical Team Risk Management 32

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

Wrike

NOVEMBER 7, 2018

Organizations that use a methodology: 38% meet budget. 71% meet scope. 68% meet quality standards. 60% meet expected benefits. [4]. VS. Organizations that don’t use a methodology: 31% meet budget. 61% meet scope. 60% meet quality standards. 51% meet expected benefits. [4]. 3% use PRINCE2.

2015 60

2015 Technical Review Software Review Underperforming Technical Team 60

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

MARCH 5, 2017

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? Are they considered Critical to Customer?

Software Review 28

Software Review Technical Review Performance Measurement Estimate 28

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

FEBRUARY 12, 2018

Risk can be the potential consequence of a specific outcome that affects the system's ability to meet cost, schedule, and/or technical objectives. risks that may prevent the end item from performing as intended or not meeting performance expectations. risks that affect the cost and schedule measures of the program.

Risk 39

Risk Technical Review 2010 2009 39

Epicflow Blog

OCTOBER 8, 2019

Activity Duration Estimates Review . 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. Analogous Estimating . Bottom-Up Estimating . Bottom-Up EAC (estimate at completion) Method .

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

Herding Cats

DECEMBER 5, 2017

The origins of this paper came about at a recent JSCC meeting here in Boulder, with local Aerospace contractors, the DCMA (Defense Contract Management Agency) and several government agencies (NRO and NASA). And to make those risk-informed decisions in the presence of reducible and irreducible uncertainty we need to ESTIMATE.

Aerospace 37

Aerospace Estimate Governance Government 37

Epicflow Blog

OCTOBER 8, 2019

Activity Duration Estimates Review . 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. Analogous Estimating . Bottom-Up Estimating . Bottom-Up EAC (estimate at completion) Method .

Software Review 40

Software Review Project Life Cycle Estimate Technical Review 40

Herding Cats

JANUARY 19, 2018

Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities. For example throughput , we need enough margin in the delivered product to meet or exceed the customer's need without spending too much time or money to provide that margin. Related articles.

Performance Measurement 31

Performance Measurement Estimate Finance Manufacturing 31

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

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. Risk can be the potential consequence of a specific outcome that affects the system’s ability to meet cost, schedule, and/or technical objectives.

Software Developers 34

Software Developers Software Development Risk Management Risk 34

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

Techno-PM

SEPTEMBER 2, 2021

Controlling (ensuring effectiveness): Control is the process of ensuring that a system's output meets the needs and expectations of its stakeholders. Create an estimate: The first step to create an estimate in project execution is to determine a range of hours for the task. The benefits of a well-executed project 1.

Executing 36

Executing Monitoring Performance Measurement Estimate 36

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). 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

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

Herding Cats

NOVEMBER 29, 2017

There are Five major conditions the IMP must meet: Complete – Reflects the entire contract scope of work. Transparent – Comprehensible display of what needs to be done and how completion is measured. Once the Events list is agreed to, the team should ensure each Event meets the guidelines for an IMP Event. Related articles.

Planning 42

Planning Software Review Governance Government 42

Herding Cats

JULY 20, 2016

As random variables, both need estimates to make informed decisions. A target Value must be measured in units meaningful to the decision makers. Measures of Performance - is a Measure that characterize physical or functional attributes relating to the system operation, measured or estimated under specific conditions.

Performance Measurement 28

Performance Measurement Estimate Closing Agile 28

Techno-PM

SEPTEMBER 9, 2021

It is important to note that while project management focuses on individual projects or initiatives, program management deals with groups of related projects managed together to meet objectives over a given period. Why do we need PM? Program managers need to be able to communicate well and have good negotiation skills.

Budget 36

Budget Monitoring Performance Measurement Defining 36

Wrike

MARCH 4, 2021

Estimating turnaround times. Reviewing performance . You must spell out performance measures in your contract so all vendors understand their responsibilities. You must spell out performance measures in your contract so all vendors understand their responsibilities. Consistently meet goals.

Performance Measurement 36

Performance Measurement Defining Monitoring Process 36