Statistical PERT uses standard functions for the normal distribution that come built-in to Microsoft Excel. Using these two functions, SPERT can create endless estimates with probabilities ranging between 0 and 100%. SPERT allows estimators to subjectively indicate how likely the most likely outcome really is. With SPERT, an estimator’s subjective opinion changes the SPERT standard deviation, and that affects the SPERT-created probabilities associated with SPERT estimates. To be used in conjunction with the accompany article Introducing Statistical PERT.
In today's sometimes overwhelming, chaotic world of too many competing demands on your time, you should try succeeding on a whim...or make that a WMMM: What Matters Most Management.
It’s safe to say that the project management skill set is most profoundly used in the realm of business. The completion of each project, whether profit or non-profit based, creates building blocks to allow further growth and opportunities. For business-related projects, the process usually starts with a Request for Quotation.
It never fails--at the end of the project, a whole lot of problems start cropping up. Tracking these problems in the flurry of activities occurring at the end of a project can be difficult. How can you handle these appropriately?
Nothing in his impressive experience could have prepared a time-crunched filmmaker for his hectic project in China...except one thing: earning his PMP certification. Read how this international project management consultant got an animated film off the ground in no time flat.
Organizations still run into many challenges while implementing ERP systems. One of the key success factors is to ensure a project is completed on time and thus avoid schedule overrun. In this article, the author introduces an approach for handling issues related to project timeline and illustrates a concrete case on utilizing this approach in the business blueprinting phase.
Risk analysis is a wonderful tool for project managers. But in order for risk management to be useful to a project or a program, the management team will need to move past risk analysis and into taking actions based on the analysis.
The alternative to embracing change doesn’t have to be completely rejecting it. Are there ways we can introduce more flexibility to waterfall projects without losing control of change? Can traditional project execution approaches learn anything from the agile approach to change?
Dealing with one project can be quite enough, but what happens when you are juggling two or more projects? It's not easy, and those times should be approached very carefully so that no balls get dropped and projects don't end up being left out in the cold.
When setting up a schedule, you should be able to measure the quality in order for it to be accurate and useful to the project team. Setting up some quality measures will monitor the schedule and help show a truer picture of the project.
The schedule needs to stay up to date if the project is going to proceed on time and be successful. Keep these tips in mind when developing a strategy for capturing schedule updates to ensure the success of the project.
Before you submit your project plan for final approval, you'd better check it over. Learn the steps for cross-checking a project plan.
There is a lot riding on your project's work breakdown structure. Use this worksheet to help you plan the WBS smarter and better.
This list and overview of common schedule risks will help you maintain vigilance against pitfalls that can interrupt, stop or ruin your software development project.
The attached workbook is useful for these many projects out there where no costing data can be used--or is not available--so the classic Earned Value Technique cannot be applied. It provides not only a progress tracking mechanism but also effort based project forecasting based on the above consideration.
This webinar provides an overview of key principles and practices for effective Agile project estimating and planning that have helped many Construx customers greatly increase the accuracy of their project forecasts, enabling them to make better go/no-go decisions, increase the predictability of their projects, and deliver their projects successfully... on time, within budget constraints, and with the desired functionality.
This list was created to help you estimate how much effort is required to implement and test a change request.
Alot of project management is wrapped up in the idea of scheduling. Many project management software packages put the management of schedule front and centre; for some, it's all they really actually provide support for managing. Project management courses emphasize the ideas of managing the critical path, building Gantt charts and analyzing PERT networks. Much stress is created about project schedules, milestones, dependencies and deadlines.
If you don’t have any good metrics on which to base your estimates, what do you do? Reading tea leaves or dissecting the entrails of dead chickens won't cut it. This presentation will explain sound estimating techniques that really work.
Use this quality control checklist to identify all the ingredients of a healthy, flexible and dependable project schedule.
How risky is your project schedule? This assessment template will help you catch scheduling risks and address them before they become problems.
This sample template performs a PERT based estimation for a project when you provide quality estimates. The tool performs all the required calculations (including graphical display of the destribution and probability functions).
If developing a schedule were easy, no project manager would ever have a problem with it. This presentation serves as a guide to the key points that must be mastered to develop realistic project schedules.
No one can predict the future, but you as project manager will be asked to estimate the duration of tasks. You can get yourself a crystal ball, read tea leaves, or download this presentation for some real help.
Earned value is a project technique you can use to monitor, track and report on the performance of any project. This document is a cheat-sheet of formulas you can use to confidently calculate earned value.