The IIL Blog

OCTOBER 17, 2023

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

The IIL Blog

SEPTEMBER 17, 2018

Take adequate time to make reasonable and realistic estimates: Perfection is nearly impossible to achieve in resource management, but you should still aim for it. Once project priorities have been clarified, take adequate time to estimate schedules and budget. Charts can be created by naming the individual or role.

Project Life Cycle 116

Project Life Cycle Technical Review 2013 2002 116

LiquidPlanner

JANUARY 26, 2022

In some cases, the entire project might be following a process where design, scope, cost, and time scales were fixed at the very beginning. Or it could be a first-time project where estimating how long each phase will really take is hard work. Estimate work and share the schedule.

Manufacturing 155

Manufacturing Technical Review Estimate Project Life Cycle 155

International Institute for Learning

SEPTEMBER 8, 2022

PMI has become and continues to be the leading professional association in project management. The goal of the Metrolina chapter is to advance the mission and objectives of the Project Management Institute. Active or Retired Military please reach out to VPProfDevelopment@PMI-Metrolina.org for information on discounted prices.

2022 98

2022 Underperforming Technical Team PMI Project Life Cycle 98

LiquidPlanner

SEPTEMBER 19, 2016

So how do you set stakeholder expectations realistically from the very conception of the project? Estimate work and share the schedule. Start by providing a schedule that includes thoughtful estimates for everyone’s work— by the people doing the work. Encourage teams to estimate their projects as realistically as possible.

Manufacturing 114

Manufacturing Technical Review Estimate Project Life Cycle 114

MPUG

AUGUST 17, 2020

Work breakdown structure (WBS) is a key element for management planning, monitoring, and control of a project or a program scope. Regardless of the chosen life cycle (predictive, iterative, incremental, adaptive, or hybrid), WBS plays a role in almost every project. The features can be estimated in story points.

Software Review 105

Software Review Agile Underperforming Technical Team PMI 105

The IIL Blog

MAY 22, 2018

And these projects were led by competent and highly trained individuals, appropriately named Project Managers, who applied knowledge, skills, techniques, and tools, to all the project activities to produce the end result that met the requirements. That’s called Project Management. Let’s get a bit more formal.

Project Life Cycle 88

Project Life Cycle Manufacturing Governance Government 88

MPUG

AUGUST 17, 2020

Work breakdown structure (WBS) is a key element for management planning, monitoring, and control of a project or a program scope. Regardless of the chosen life cycle (predictive, iterative, incremental, adaptive, or hybrid), WBS plays a role in almost every project. The features can be estimated in story points.

Software Review 101

Software Review Agile Underperforming Technical Team PMI 101

Binfire

AUGUST 27, 2017

The traditional project management methods like Waterfall project management don’t fit the requirements of many projects, especially those projects which involve research or new discovery. Base on above core values, the group published the twelve principles of agile project management methodology.

Agile 97

Agile Technical Review Software Review Development Team Review 97

Epicflow Blog

NOVEMBER 24, 2020

Here’s how PMI researchers describe stakeholders: “… An individual, group, or organization who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio”. Try to define their attitude to the project: whether it’s optimistic, neutral, or pessimistic.

Project Life Cycle 84

Project Life Cycle Risk Management Influencer Technical Review 84

Binfire

APRIL 7, 2017

The traditional project management methods like Waterfall don’t fit the requirements of many projects, specially those projects which do involve research or new discovery. But the tide is turning and Agile is gaining wide acceptance as a valid process for many projects. Project Estimation.

Agile 100

Agile Technical Review Software Review Development Team Review 100

ProProfs Project Management

MAY 8, 2020

It may sound like an insignificant question, as the name suggests that PM is all about managing projects. But it is imperative to understand that there are several elements you must control during the project life cycle. The most crucial ones are — ‘Scope,’ ‘Time,’ and ‘Budget’ — which are also known as project triangle.

Project Life Cycle 91

Project Life Cycle Underperforming Technical Team Software Review 2027 91

MPUG

SEPTEMBER 4, 2023

They are stories (or tasks) that the team creates for the sole purpose of exploring an issue to increase their understanding, reduce uncertainty, and improve estimation and decision-making. So, a retrospective can sharpen the team’s risk management practices and therefore reduce risk through the project life cycle.

Risk Management 98

Risk Management Risk Agile Technical Review 98

Epicflow Blog

DECEMBER 23, 2019

It’s a great plus for a project manager to have a formal qualification and receive a certificate demonstrating their proficiency. Project Management Institute suggests the following variants of certifications for PMs: . You’ll learn how to identify and estimate risks and manage them. Pricing: Member: US$225.00.

Technical Review 60

Technical Review Certification Project Life Cycle PMI 60

Teamweek

NOVEMBER 5, 2020

Project managers are responsible for planning and executing a project along with the project team to produce the desired deliverable and meet stakeholder expectations. Why Project Management Is Important? According to PMI, organizations that do not value project management report 67 percent more projects as failed.

Software Review 83

Software Review Lean Risk Management Estimate 83

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 Risk Management 60

International Institute for Learning

NOVEMBER 2, 2022

In this article, we will address how relevant the different viewpoints and interests of project stakeholders can impact project complexity. complexity dimensions) that impact projects, included literature review, survey, case studies analysis, and detailed interviews. The process of researching the complexity factors (a.k.a.

Technical Review 59

Technical Review Influencer Estimate Project Life Cycle 59

MPUG

JULY 24, 2023

Air Force defined the criteria for their acquisition projects which included the basic concepts of EVM. In 1987, PMI included an overview of EVM in their PMBOK Guide and in subsequent editions and during the 1990’s governmental procurement groups streamlined their activities to include EVM reform.

Project Life Cycle 52

Project Life Cycle Budget 2023 Controlling 52

International Institute for Learning

AUGUST 10, 2022

To quantify risks, ask for a range, rather than a single estimate, for example, pessimistic value and optimistic value. Actively maintain a project risk register to measure the success of your risk efforts. Thought Leadership News : If you could share 3 important pieces of advice for new project leaders, what would they be?

Risk Management 52

Risk Management Risk Technical Review Project Life Cycle 52

MPUG

APRIL 2, 2024

What is a Project The Project Management Institutes (PMI) PMBOK defines a project is “a temporary endeavor undertaken to create a unique product, service or result.” From start to finish, a project usually goes through 5 phases, called the Project Life Cycle.

Certification 52

Certification PMI Logistics Construction 52

PM Times

APRIL 7, 2021

This is why many IT organizations are under constant pressure to re-organize or transform to new project management approaches to managing projects, improving visibility, and showing their contributions. Much credit should be given to organizations like the PMI Institute.

2016 52

2016 2014 PMO Software Review 52

Teamweek

MARCH 12, 2023

Resource constraints in project management are limitations on project resources—people, time, money, equipment, and materials—that affect a project’s success. As a result, tasks get delayed, and sometimes, the entire project comes to a halt. It allows you to monitor the time spent on projects and tasks.

Underperforming Technical Team 52

Underperforming Technical Team Software Review Estimate Project Life Cycle 52

Wrike

FEBRUARY 3, 2020

Here’s an overview of what the process groups are and how to successfully incorporate them into your projects. . The Project Management Institute (PMI) created the PMBOK (Project Management Body of Knowledge). Typically, a project charter will also include: Resources required. A high-level cost estimate.

Process 48

Process Project Life Cycle Monitoring Closing 48

MPUG

APRIL 15, 2022

Now, I realize and recognize a lot of us, perhaps, all of us are PMP certified or aspiring to be or at least have worked in some capacity as a project manager or program manager and having knowledge of, or systems that perhaps are in place that are rooted in PMI’s theory as they had put forth throughout the legacy of the PMBOK Guide.

PMI 59

PMI Artificial Inteligence Governance Government 59

Project Pulse Journal

MARCH 7, 2024

Here's an overview of the ten knowledge areas: Project Integration: Encompasses the coordination and amalgamation of diverse project management processes and activities to ensure the realization of project objectives. A guide to the project management body of knowledge (PMBOK Guide) (7th ed.). PMI-SP5-1505-14111, p.

Governance 52

Governance Government Technical Review Sustainability 52

MPUG

JUNE 1, 2022

Today’s PMI activity code, I’ll have up on the screen here in a minute. I mentioned the five star because I saw this event is up on PMI. Jeff: PMI took a stand back and said, you know what? A project is more organic in a lot of cases. You can see that up here on the slide. Jeff, a big MPUG welcome back.

PMI 59

PMI Software Review Estimate Risk Management 59

Herding Cats

MAY 10, 2019

requires making estimates) ? Estimation of Long?Term Term Project Risk during Project Realization ? Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006. Emmons, Thomas A.

Risk Management 38

Risk Management Risk Technical Review 2004 38

Herding Cats

MAY 11, 2019

requires making estimates) ? Estimation of Long?Term Term Project Risk during Project Realization ? Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006. Emmons, Thomas A.

Risk Management 35

Risk Management Risk Technical Review 2004 35