Predictable Projects in an Unpredictable World

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Find ways to use explicit buffers to make project schedules more predictable and faster. In the past, the only way to make schedules dependable was to stretch the schedule. By applying some ideas from Critical Chain Project Management, you can make schedules both more dependable and faster.

Business Technologie

© 2009 Silver Streak Partners LLC all rights reserved
Predictable Projects
in an Unpredictable World
John Farnbach
Silver Streak Partners LLC
john@silverstreakpartners.com
Dynamic Resource Management

Silver Streak Partners LLC
© 2009 all rights reserved
The Orthodoxy of the Plan
Plan your work and
Work your plan

Silver Streak Partners LLC
© 2009 all rights reserved
Orchestrates task interactions well...
Deterministic Planning
… But planning can’t eliminate variance.

Silver Streak Partners LLC
© 2009 all rights reserved
Cost of Predictability
Predictability
Variance
Inflexibility

Silver Streak Partners LLC
© 2009 all rights reserved
Variance
A
B
C
A
B
C
A
B
C
A
B
C
A
B
C
A
B
C

Silver Streak Partners LLC
© 2009 all rights reserved
Deterministic planning doesn’t work
in an unpredictable world.

Silver Streak Partners LLC
© 2009 all rights reserved
Wait a Minute!!
Shorter and more dependable??
Schedule stretch
Dependable
Deterministic
DRM

Silver Streak Partners LLC
© 2009 all rights reserved
Dynamic Resource Mangement
Explicit schedule buffers

Silver Streak Partners LLC
© 2009 all rights reserved
Project Management
Tasks: reasonable best case
All will not complete on time
Buffers: critical resource
Track buffer consumption
Strive to save buffers, but use when neededStrive to save buffers, but use when needed

Silver Streak Partners LLC
© 2009 all rights reserved
Resource Tracking
Rebalance
Gold
Blue
New
Project
%Buffer/schedule

Silver Streak Partners LLC
© 2009 all rights reserved
DRM makes schedules shorter and
more predictable.
How do you plan a DRM project?

Silver Streak Partners LLC
© 2009 all rights reserved
Measurable Tasks
Underestimate effort
Status biased by hope
Realistic estimates
Unbiased status

Silver Streak Partners LLC
© 2009 all rights reserved
Placing Buffers
Fewer is better
Statistical aggregation
Less confusion
Multiple buffers?
Buffer external deliverables
Specific risks

Silver Streak Partners LLC
© 2009 all rights reserved
Sizing Buffers
Resource
management
Project priority
Business forecast
Project & planning
Technical risk
Planning variance

Silver Streak Partners LLC
© 2009 all rights reserved
DRM takes careful attention to planning
What are the problems?

Silver Streak Partners LLC
© 2009 all rights reserved
Multi-Tasking
Multi-tasking
Uni-tasking
Amy?
Gold
Blue

Silver Streak Partners LLC
© 2009 all rights reserved
Pitfalls
Buffer addiction
Plan responsibly
Old management habits
New performance model
Respect for buffers
Squandering buffers
Resist unmerited work

Silver Streak Partners LLC
© 2009 all rights reserved
John Farnbach
john@silverstreakpartners.com
Silver Streak Partners LLC
www.silverstreakpartners.com
Blog: http://silverstreakpartners.com/BetterNPD/
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Organisational success today depends on effective communication and collaboration with individuals from cultures with varying beliefs and practices. Indeed, with the workforce increasingly comprised of people of varying cultural backgrounds, leaders must now prioritise the significance of cultural competence in the workplace. Ensuring cultural competence at every level of your organisation cannot be understated. While cultural disparities can manifest in different ways, as a leader, you must build deep and nuanced cultural competence skills and education to accurately spot, address and alleviate the various scenarios that can arise. Failing to recognise the importance of cultural competence or not acting to improve it can lead to cultural negligence. There are a few things to consider to ensure your organisation is on the right track. In this deck, you'll understand the importance of building cultural competence in the workplace. You'll also learn • The three (3) dimensions of Cultural Competence in the workplace • Key strategies to build a culturally competent workforce • Major benefits you stand to gain by having a culturally competent team.

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P&CO

Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.

Falcon Invoice Discounting: The best investment platform in india for investors

Falcon Invoice Discounting

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Predictable Projects in an Unpredictable World

1. © 2009 Silver Streak Partners LLC all rights reserved Predictable Projects in an Unpredictable World John Farnbach Silver Streak Partners LLC john@silverstreakpartners.com Dynamic Resource Management

9. Silver Streak Partners LLC © 2009 all rights reserved Project Management Tasks: reasonable best case All will not complete on time Buffers: critical resource Track buffer consumption Strive to save buffers, but use when neededStrive to save buffers, but use when needed

17. Silver Streak Partners LLC © 2009 all rights reserved Pitfalls Buffer addiction Plan responsibly Old management habits New performance model Respect for buffers Squandering buffers Resist unmerited work

18. Silver Streak Partners LLC © 2009 all rights reserved John Farnbach john@silverstreakpartners.com Silver Streak Partners LLC www.silverstreakpartners.com Blog: http://silverstreakpartners.com/BetterNPD/ Questions & Discussion

Predictable Projects in an Unpredictable World

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