Luis Rincones HigueraData Migration Analyst| PersonalJacksonville, Fl, United States
Which PMI Knowledge Area covers the application of Data Analytics in Project Management (aka Project Management Analytics) is there a team or person to contact for this? Saving Changes...
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Thomas WalentaGlobal Project Economy ExpertHackenheim, Germany
Luis,
in PMBoK ed6 you can find appendix X5 which includes a matrix of tools and techniques vs. knowledge areas. One key group of tools and techniques is data analytics techniques with 27 items.
Thomas Saving Changes...
Luis Rincones HigueraData Migration Analyst| PersonalJacksonville, Fl, United States
Thomas, Many thanks for the information in the PmBok ed6, the X6.2 Tools and Techniques Groups, is the matrix you mentioned. A topic of interest for me is the use to analyze the performance of projects in more details, to see what happen in the projects, what might happen and what should be done. Analyze the Scope in (Proposals vs Project Plans vs Project Delivered) I appreciate any advice in who to contact in regards these ideas. Saving Changes...
Thomas WalentaGlobal Project Economy ExpertHackenheim, Germany
Luis,
sorry, I do not have an expert contact at hand for your question.
I understand that several PPM tool providers claim to use thorough data gathering and analysis for project insights, far beyond what PMBoK ed6 states and beyond performance aspects. This is particular true if they state to 'use' AI, like can-do.de, lili.ai or others, perflo. Most provide insights only into parts of projects (like team moral, scheduling).
My personal view, from 40+ years on projects, is that the role of data in project management is overrated. Most decisions are arrived with a significant lack of information, under time pressure and rely on gut feelings. But that is another discussion.
Thomas
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1 reply by Luis Rincones Higuera
Apr 21, 2022 1:31 PM
Luis Rincones Higuera
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Thomas
Thanks a lot for the valuable Information. I will check the PPM tools you mentioned and will post my findings
You should probably speak with someone who works in Big Data.
There are a variety of ways you can perform data analytics against projects, although some are a more natural fit than others. Things like cost and schedule variances are numerical by nature so they are an obvious fit.
Scope is often more abstract, but big data ecosystems (e.g. Apache Hadoop) include tools that can reveal patterns such as frequency of key words which may point to patterns as well. A colleague of mine even found that the frequency of specific obscenities heard over Xbox Live have a strong correlation to specific system performance issues.
I did Google "PMI big data", and I found a variety of links to articles that might point you to PMI members in the field or at least get you closer to the right contacts. Unfortunately my own expertise is mostly academic and somewhat dated.
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1 reply by Luis Rincones Higuera
Apr 21, 2022 1:35 PM
Luis Rincones Higuera
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Keith
Many thanks for the information. The comment about sentiment analysis in zoom. I will google "PMI big data" as recommended.
Will post what I find in case it may be of interest to other persons.
Kind regards
Saving Changes...
Luis Rincones HigueraData Migration Analyst| PersonalJacksonville, Fl, United States
Apr 21, 2022 11:57 AM
Replying to Thomas Walenta
...
Luis,
sorry, I do not have an expert contact at hand for your question.
I understand that several PPM tool providers claim to use thorough data gathering and analysis for project insights, far beyond what PMBoK ed6 states and beyond performance aspects. This is particular true if they state to 'use' AI, like can-do.de, lili.ai or others, perflo. Most provide insights only into parts of projects (like team moral, scheduling).
My personal view, from 40+ years on projects, is that the role of data in project management is overrated. Most decisions are arrived with a significant lack of information, under time pressure and rely on gut feelings. But that is another discussion.
Thomas
Thomas
Thanks a lot for the valuable Information. I will check the PPM tools you mentioned and will post my findings Saving Changes...
Luis Rincones HigueraData Migration Analyst| PersonalJacksonville, Fl, United States
Apr 21, 2022 1:15 PM
Replying to Keith Novak
...
You should probably speak with someone who works in Big Data.
There are a variety of ways you can perform data analytics against projects, although some are a more natural fit than others. Things like cost and schedule variances are numerical by nature so they are an obvious fit.
Scope is often more abstract, but big data ecosystems (e.g. Apache Hadoop) include tools that can reveal patterns such as frequency of key words which may point to patterns as well. A colleague of mine even found that the frequency of specific obscenities heard over Xbox Live have a strong correlation to specific system performance issues.
I did Google "PMI big data", and I found a variety of links to articles that might point you to PMI members in the field or at least get you closer to the right contacts. Unfortunately my own expertise is mostly academic and somewhat dated.
Keith
Many thanks for the information. The comment about sentiment analysis in zoom. I will google "PMI big data" as recommended.
Will post what I find in case it may be of interest to other persons.
Kind regards Saving Changes...
Luis Rincones HigueraData Migration Analyst| PersonalJacksonville, Fl, United States
Hi Thomas and Keith
I found a presentation at the PMI-Lebanon Chapter.
Data-Driven Project Management: Role of Analytics in Enhancing Project Outcomes
Manal M. Yunis, Ph.D.
It is not only very interesting and is close to my original topic "the application of Data Analytics in Project Management "
I will post the results of working the information on the slides while keeping my work on generating Project Simulated Data to work Data Analytics on it.
Thanks to both of you for your replies. Saving Changes...
Thomas WalentaGlobal Project Economy ExpertHackenheim, Germany
Luis,
thanks for sharing.
I remembered another practical example which was used by Ricardo Vargas when he led project management at UNOPS.
He used data of past projects to estimate upcoming projects by using neural networks. With good results.
Thomas
Thanks for sharing the article, will study it, at first glance it calls for a deeper analysis.
Regards
Luis
Saving Changes...
Luis Rincones HigueraData Migration Analyst| PersonalJacksonville, Fl, United States
Apr 22, 2022 9:57 AM
Replying to Thomas Walenta
...
Luis,
thanks for sharing.
I remembered another practical example which was used by Ricardo Vargas when he led project management at UNOPS.
He used data of past projects to estimate upcoming projects by using neural networks. With good results.