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Art: Standard Deviation for Project Managers

Art: Standard Deviation for Project Managers

Standard deviation is an abstract concept derived from observation rather than calculation or experimentation. The standard deviation (SD, also represented by the Greek letter sigma or σ) is a measure that is used to quantify the amount of variation or dispersion in a set of data values; and is expressed as a quantity defining how much the members of a group differ from the mean value for the group.

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The Art of Project Management: A Competency Model For Project Managers

The Art of Project Management: A Competency Model For Project Managers

Even those organizations that follow best practices for project management and have highly developed PMOs often fail because they ignore the art of project management. Think of project management as an iceberg. Above the water are the technical skills that are needed. They are easy to measure and demonstrate. The art of project management is more difficult to recognize and measure. You have to find out how people work with other people to complete projects and build a competency model around their skills. To accomplish this, we’ve broken down the three skills Categories into Clusters that further describe the specific behaviors required for successful project management (see chart 2.). The Clusters are divided into Units, which are then broken into Elements and finally into their corresponding Performance Criteria.
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mastering the art of project management

mastering the art of project management

Our customers need project managers equipped with the right tools and methods to address the high- risk demands of such projects. Ideally, a combination of technical expertise and ‘soft’ skills is needed to work seamlessly with people from different cultures. To provide these profi les, we need effective training in the key areas of project management.”

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The Art of Project Governance

The Art of Project Governance

The GEMS project dashboard provides visual representation of the quanti- tative and qualitative data to drive the key project indicators gauges to reflect ranges within red, yellow, or green; a benefit they never had be- fore. Knowing the range within each color helps the project managers and Critical Review Panel interpret the degree of risk more effectively than the previous process.

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Image Informative Maps for Estimating Noise Standard Deviation and Texture Parameters

Image Informative Maps for Estimating Noise Standard Deviation and Texture Parameters

Typically, positions of HAs or nonintensive texture areas are not known in advance [9]. And using nonappropriate textural areas (even nonintensive ones) for noise STD estimation may lead to outliers that can degrade the final noise STD estimate. Performance reduction of both spatial and spectral state-of the-art estimators for textural images [10] is mainly explained by aforesaid reason. Two di ff erent ways to cope with this problem have been proposed so far. The first one is to consider the whole image for noise STD estimation and to reject outliers that come from textural areas by a robust postprocessing of local estimates [9]. The main idea consists in splitting an image into small fragments, calculating for them local means and local STDs [11, 17]. Then the final noise STD can be estimated either by robustly fitting linear model to the corresponding scatter plot [18] or by robust finding the histogram mode of local variance estimates [11, 19]. However, this approach fails to provide accurate estimates if HAs and areas with nonintensive texture cover less than 10–20% of the image [20].
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PROJECT MANAGERS' PERCEPTION OF IS PROJECT SUCCESS FACTORS A REPERTORY GRID INVESTIGATION

PROJECT MANAGERS' PERCEPTION OF IS PROJECT SUCCESS FACTORS A REPERTORY GRID INVESTIGATION

Empirically analyzing the impact of pre-selected success factors on IS projects. This sub-stream empirically investigates the impact of specific pre-selected success factors; we point to some selected works. Chatzoglou (1997) provides evidence of the positive effect of applying developing methodologies on the quality of the end product and the economics of the development process. Abdel-Hamid et al. (1999) investigate the impact of different project goals on project performance. Jiang et al. (2001) show that planning maturity contributes to project success. Aladwani (2002b) examines how social integration positively impacts the success of IS projects. Jiang et al. (2006) stress that user partnering significantly relates to higher user support, less residual risk, and ultimately better project performance. Sharma and Yetton (2007) provide empirical support for the effect of (end-user) training on IS project success. Young and Jordan (2008) analyze top management support. Petter (2008) investigates the management of user expectations. Thomas and Fernandez (2008) focus on a formal definition and measurement of IS project success which actually contributes to the success itself. Tiwana and Keil (2009) investigate the effect of control mechanisms in internal and outsourced IS projects. Napier et al. (2009) investigate skill requirements for successful IT project managers with the Repertory Grid Technique (same research method as we use in our study). Subramanian et al. (2009) focus on the aspects of learning, control, efficiency, and flexibility, identifying potential for improvement in those areas. Conboy (2010) examines the budgetary control in IS projects.
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Allocating project managers to projects in a multi-project environment

Allocating project managers to projects in a multi-project environment

considered and feedback loops between the model components. The model was used in this study to examine the PMP2 allocation process of a large company in the context of Botswana, as part of building on existing framework to include a different contextual perspective as regards a different country, industry and project types. Given that research must be done within a certain context that suits the research problem, justification for using Botswana as the contextual basis for this study are: (1) strong empirical evidence from a previous study (Seboni et al 2013) that validated the existence of the research problem across 12 out of 15 eligible private and public companies, (2) the need to extend existing framework to other countries, (3) the author's familiarity with Botswana as regards reducing the challenges of data collection, (4) the need to give back to Botswana, since the research funding comes entirely from Botswana. Empirical studies on PM2P allocation models, applicable to multi-project environments (the principal focus of this study), are currently limited and focussed predominantly on one country and industry (Patanakul 2004). For example, six empirical studies that directly propose PM2P allocation models were conducted in USA high-tech industry alone, published between 2003 and 2009. The closest to these six studies are four studies conducted in Israel (Hadad et al 2013), Iran (Sebt et al 2010), Thailand (Ogunlana et al 2002) and Egypt (El-Sabaa 2001), in the context of the construction industry, but not explicit to multi-project environments. Notwithstanding this currently underexplored area, this is an important topic because of the significant impact of the PM2P allocation decisions on company strategic value, particularly in view of the link between projects and strategy (Olsson 2008), directly visible in a multi-project environment
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Role of Project Managers in the Stakeholder Management

Role of Project Managers in the Stakeholder Management

Stakeholder management is often characterized by causal actions, which in some situations are not coordinated and discussed within the project team. The result of this practice is often an unpredictable outcome. To meet this challenge, several stakeholder management methods and guidelines have been introduced. These pointers embody the execution of the management functions of designing, organizing, motivating, directing, and dominant the resources accustomed with neutral methods (Karlsen, 2002). Stakeholder management is about the management of the relationships with all stakeholders serving their benefits competently and thus profitably in order to sustain and improve the contributions, resources they provide for the organization’s value conception. It’s all about relationship and experience management and, business excellence. Effective management of relationships with stakeholders is critical to resolving issues facing organizations. By using their influence, stakeholders hold the key to the environment in which an organization functions and the consequent financial and effective performance of the organization. Therefore, a proper management of stakeholder relations is an emergent focus of public relations and organizational activities (Itanyi & Ukpere, 2014).
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Prioritizing the Recognition Pattern of Affecting Factors in Deviation of Forecasts of the Senior Managers in Organizations

Prioritizing the Recognition Pattern of Affecting Factors in Deviation of Forecasts of the Senior Managers in Organizations

The results were analyzed and ranked at 3 dimensions and according to the opinions of senior managers. According to the analysis, the closest to the ideal option in the dimension of deviation of management forecast by the senior manager included 8 factors of 19 of which are as follows: (1) Protection against the risk of litigation, has the highest priority in the diversion of management forecast by senior manager, then, (2) Management experiences, (3) variable Operational environment, (4) The degree of management skills, (5) unstructured reforms, (6) Wrong information (optional disclosure of forecasts), (7) Favorable results or favorable trends, (8) External shocks. In the dimension of the optimistic bias in the management forecast, of 15 effective factors on forecast deviation, the closest factors to ideal option include: (1) Appearing more productive and successful for others, (2) More manager confidence, and (3) Behavioral biases. In the dimension of pessimistic bias in the management forecast, of four effective factors on the forecast diversion, it became clear that the closest factors to ideal option include: (1) Bad news - increasing pessimism, (2) Mandatory forecast disclosure have neither motivation nor the ability to do it, and (3) Reducing market expectations.
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Essential Project Management Skills for Non-Project Managers

Essential Project Management Skills for Non-Project Managers

March April May June July August September October November.. Discovery.[r]

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Project Management Competency Elements Valued by Project Managers in Construction Industry

Project Management Competency Elements Valued by Project Managers in Construction Industry

“Integration Management” comprises of “Agreeing & establishing life cycle reporting & measurement systems (var30)” which means agreeing& implementing project life cycle & project reporting & performance management systems, determining appropriate project phases, approved points & reviewing points throughout the project life cycle, “Managing integration of all project management functions (var31)” which means identifying project stakeholders & their interest, analyzing all project management functions, developing project management plan, creating a safe environment for project personnel, and displaying effective leadership, “Coordinating internal & external environment (var32)” which means managing the project within an established internal working environment, maintaining established links to align project objectives with strategic organizational objectives, seeking assistance from senior personnel when necessary to solve conflicts, “Implementing project activities throughout life cycle (var33)” which means incorporating project phases, approval points, integrated phases to monitor risks for maximizing opportunities, establishing & managing finalization plans & procedures, reviewing project plans & general project documentation, and “Assessing project integration outcomes (var34)” which means reviewing project issues & outcomes to determine effectiveness of processes & procedures, identifying integration management lessons learned & recommending improvements.
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A new procedure for monitoring the range and standard deviation of a quality characteristic

A new procedure for monitoring the range and standard deviation of a quality characteristic

The new range and standard deviation control chart with known standard deviation (σ ) are established similarly to the Shewhart and the Bonferroni control chart. When the standard deviation is unknown the proposed chart is estimated using a statistic with variance less than that of the Shewhart and the Bonferroni-adjustment chart. Furthermore, the constant value for the new chart with unknown standard deviation is dependent on the sample subgroup and group sizes (n, k) whereas the constant value of the Shewhart and Bonferroni chart is depended only on the sample subgroup size (n).
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4-point  Attacks   with  Standard  Deviation  Analysis   on  A-Feistel  Schemes

4-point Attacks with Standard Deviation Analysis on A-Feistel Schemes

By [18, 19] we know that A-Feistel schemes are secure against linear and dif- ferential attacks In this paper, we provided attacks on A-Feistel schemes using 4-tuples of cleartext/ciphertext messages. Our results on A-Feistel schemes are given in Tables 2 and 3. The simulations of our attacks given in Table 1 (sec- tion 3.4) confirm our theoretical analysis for the complexity of these attacks. The analysis of the attacks requires to study the standard deviations of random variables.

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How do Project Managers Skills Affect Project Success in IT Outsourcing?

How do Project Managers Skills Affect Project Success in IT Outsourcing?

While prior research, especially the literature on PE fit, has primarily used survey data to measure fit and performance, we adopt the approach of Edwards and Parry (1993) and use detailed archival longitudinal data and the critical incident methodology to answer our research questions. A key advantage of our longitudinal data is that we can observe multiple projects for each PM, and can thus isolate the effects of the PM’s skills from the project characteristics. Our data were collected from a leading software vendor, and include project and personnel level archival data from 530 projects completed over a four year time period. We use archival data to measure PM hard skills. In addition, following the approach of Joseph, et al. (2008) and Wagner and Sternberg (1985), we employ the critical incidents methodology to assess the soft skills of the 209 PMs who led those projects. Our data and research setting allow us to calibrate not only the resource allocation issue but also to study (i) the differing impact of hard and soft skills on various project outcomes, and (ii) variable effect of soft skills on different project characteristics such as project complexity and familiarity with task, team and client.
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Pay and Employment Equity Review Process. Guide for HR Managers and Project Managers

Pay and Employment Equity Review Process. Guide for HR Managers and Project Managers

 Ensuring PERSON THEY REPORT TO is kept fully informed of potential risks, issues and threats that may impact on successful completion of the project and actively working with the sponsor and review committee to ensure that all issues are effectively resolved in a timely manner to keep the project on track

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The Art and Science of Project Management

The Art and Science of Project Management

MY SCHOOL – Hybrid of PMI and CH2M HILL Project Delivery System.. So, what’s most important[r]

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PROJECT MANAGEMENT TECHNIQUES FOR NON-PROJECT MANAGERS. Session 2

PROJECT MANAGEMENT TECHNIQUES FOR NON-PROJECT MANAGERS. Session 2

 Scope changes, scope creep, scope misunderstandings  Resource changes, resource unavailability, resource skills  Estimates are incorrect, tasks are missing.  Risk events occur[r]

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Standard Deviation in Wavelet Domain for Simple and Efficient Image Fusion Algorithm

Standard Deviation in Wavelet Domain for Simple and Efficient Image Fusion Algorithm

In this paper, to hold the little subtle elements from the source pictures, at first the multi center pictures are deteriorated utilizing discrete wavelet change. A basic picture combination structure is produced in light of the standard deviation, where consistency confirmation is utilized as a choice measure in estimate band and most extreme combination govern to the definite groups. Backwards discrete wavelet change is connected to the chosen coefficients to get the last combined picture. Since the choice measure is used just to the estimate band, it decreases the unpredictability to a more prominent degree. The analyses show that the proposed method is fruitful in wording of both subjective and target criteria.
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Standard deviation : standardization and quality control in the mash up era

Standard deviation : standardization and quality control in the mash up era

BSI feedback: The introduction of the Fab Lab concept sparked con- siderable interest from BSI, as it was seen as a model to help engage Small to Medium Enterprises (SME) in the use of standards for their products; an area that BSI has previously found difficult to reach. The use of Fab Labs by SMEs (perhaps on days at the Fab Lab that are pri- vately rented as a revenue source for the Lab) was a new concept to BSI. The discussion about self-certification (using hallmarks, for exam- ple) led BSI to be wary about this method, since it may compromise the effectiveness of the standard. BSI recognized that their traditional model for funding was more appropriate for large corporations with the means to send personnel for training, and to buy copies of the relevant standards for themselves. BSI is actively seeking new ways to engage (and therefore fund) standards for other entities—with SMEs being a particular focus.
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Standard operation procedures for conducting the on-the-road driving test, and measurement of the standard deviation of lateral position (SDLP)

Standard operation procedures for conducting the on-the-road driving test, and measurement of the standard deviation of lateral position (SDLP)

Driving a car is a daily activity for many people, including individuals who are treated with central nervous system (CNS) medication. Impaired driving is an important public health issue, as the driver puts himself and others at risk of injury. Therefore, it is important that the effects of medicines on driving ability are examined in a valid and reliable manner that predicts what happens when individuals actually drive. Currently, the on-the-road driving test is regarded as the “gold standard” to determine whether drugs affect driving ability. 1 The on-the-road driving test was developed by O’Hanlon
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