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	<title>A PM&#039;s workshop &#187; time</title>
	<atom:link href="http://www.magnone.eu/archives/tag/time/feed" rel="self" type="application/rss+xml" />
	<link>http://www.magnone.eu</link>
	<description>Information is for projects like water for life. The success lies in a careful management of needs.</description>
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		<title>Timing</title>
		<link>http://www.magnone.eu/archives/2473</link>
		<comments>http://www.magnone.eu/archives/2473#comments</comments>
		<pubDate>Fri, 02 Oct 2009 14:07:12 +0000</pubDate>
		<dc:creator>Eugenio</dc:creator>
				<category><![CDATA[Prince2]]></category>
		<category><![CDATA[Risk management]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://www.magnone.eu/?p=2473</guid>
		<description><![CDATA[Different departments of the same company have distinct calendars and then meaningful [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2474" class="wp-caption alignright" style="width: 141px"><a rel="attachment wp-att-2474" href="http://www.magnone.eu/archives/2473/timemachine"><img class="size-full wp-image-2474" title="time machine" src="http://www.magnone.eu/wp-content/uploads/2009/10/timemachine.jpg" alt="Time machine" width="131" height="131" /></a><p class="wp-caption-text">Time machine</p></div>
<p>One of the most difficult obstacles for applying practical rules to a specific situation is about the timing. This topic can be pointed out by Paul in his Crossderry’s <a href="http://crossderry.wordpress.com/2009/09/30/at-least-acknowledge-the-school-solution/" target="_blank">post</a>. Where he complains about the lack of willingness (perhaps ability) of some project managers to read and then try to put to use the precepts in their predicaments.</p>
<h2>Is time a resource?</h2>
<p>It has a little use if it is taken alone. With no energy, skills or any other form of resources, it remains an empty container. Namely, every person has his/her own unique value for the time; it depends upon the existing conditions.</p>
<p>A stakeholders’ analysis shall include the time perception, not only aiming at gauging the energy level or cultural influxes (for example, example in Mediterranean region, evening hours are considered very valuable). Different departments of the same company have distinct calendars and then meaningful granularities.</p>
<h2>The value of time as commodity</h2>
<p>From a project manager&#8217;s viewpoint, the value of time shall be counted on the set calendar to which the available allowance shall be added.</p>
<p>The importance of allowance does not merely consist in its buffer’s function. This reserve gives the real value to the time. It properly distributed and monitored in each work-package, permits to measure the feasibility and then the importance of opportunities arising in the production phase. Namely, it gives the necessary freedom to producers’ creativity.</p>
<p>This value can be worked out through (at least) two different ways:</p>
<ol>
<li>A negotiation during the Business Case preparation (i.e. when the delivery date is an integral part of the “Reasons”). In this scenario, Scope can be prioritized or an allowance can be added to the available Budget. In any case, these evaluations need to be supported and integrated by a Risk Analysis.</li>
<li>(P)adding each estimation. This strategy, in essence, based on the preemption of time as the only manageable resource. The reasons for this choice can vary; however, in most of the cases they are based on lack of confidence in the proposed estimations (on this specific topic, there is an interesting post on <a href="http://www.projectsmart.co.uk/critical-chain-project-management-reduces-project-lead-time" target="_blank">projectsmart.co.uk</a></li>
</ol>
<h2>Different granularities</h2>
<p>Each project has its own way to measure time. It is not only the incumbent delivery date.</p>
<p>For example, the available history adds a huge value to the Risk Analysis rendering any estimation much more reliable and less costly. Each stakeholder’s experience is one of the main values in this element. On the opposite side of the measurement units, there is system’s response time required/perceived by users.  These items are listed just for giving a quick glance of the importance of understanding and sharing the time unit.</p>
<h2>The importance of time as metric</h2>
<p>Before starting the scheduling, each process needs to be defined in its qualities, for example:</p>
<ol>
<li>Scope and results to be measured in a consistent way.</li>
<li>External and internal priorities.</li>
<li> Financial costs.</li>
<li> Time’s granularity.</li>
<li>Duration and reviewing periods.</li>
<li> Resource availability.</li>
</ol>
<p>Once all these items have their own price, and this has been approved, the process needs to be framed (synchronized) in the mainstream; then, the calendar shall be issued considering the interest of each participant.</p>
<p>Coming back to Paul’s post, the Risk Management Plan is much easier to be managed when it is created and maintained with the “Main Plan”. In my <a href="http://www.magnone.eu/archives/2107" target="_blank">post</a> there is a simple proposal for adopting MS Project as the standard tool for managing all plans, arriving at the Work-package level (going under adds a big burden to technical people).</p>
<h2>Conclusion</h2>
<p>“<a href="http://thinkexist.com/quotation/reading_furnishes_the_mind_only_with_materials_of/13866.html"><strong>Reading</strong> furnishes the mind only with materials of knowledge; it is thinking that makes what we read ours.</a>”</p>
<p>Image courtesy of: <span style="color: green;">maxthemac.com/&#8230;/2008/04/time-machine-logo.png</span></p>
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		</item>
		<item>
		<title>BUFD, NUFD and RUFD</title>
		<link>http://www.magnone.eu/archives/2247</link>
		<comments>http://www.magnone.eu/archives/2247#comments</comments>
		<pubDate>Wed, 19 Aug 2009 16:54:50 +0000</pubDate>
		<dc:creator>Eugenio</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[Agile]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[scope]]></category>
		<category><![CDATA[team]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://www.magnone.eu/?p=2247</guid>
		<description><![CDATA[Given the uniqueness of the projects, this classification offers a good system for understanding the correct (technical) approach. However, the choice shall be taken considering the real options [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2249" class="wp-caption alignright" style="width: 160px"><a rel="attachment wp-att-2249" href="http://www.magnone.eu/archives/2247/250px-canaletto_return_of_the_bucentoro_to_the_molo_on_ascension_day_1732-_royal_collection-_windsor"><img class="size-thumbnail wp-image-2249" title="250px-Canaletto_Return_of_the_Bucentoro_to_the_Molo_on_Ascension_Day,_1732._Royal_Collection._Windsor." src="http://www.magnone.eu/wp-content/uploads/2009/08/250px-Canaletto_Return_of_the_Bucentoro_to_the_Molo_on_Ascension_Day_1732._Royal_Collection._Windsor.-150x150.jpg" alt="Venice view from Canaletto" width="150" height="150" /></a><p class="wp-caption-text">Venice view from Canaletto</p></div>
<p>This post is a small contribution to a great presentation from <a href="http://www.infoq.com/presentations/Agile-Architecture-Is-Not-Fragile-Architecture-James-Coplien-Kevlin-Henney">InfoQ.com</a> pointed out by <a href="http://herdingcats.typepad.com/my_weblog/2009/08/friday-round-up.html">Herding Cats</a>. Moreover, there is a nice comment from <a href="http://www.betterprojects.net/2009/08/mercenary-analyst.html">Better Projects</a>.</p>
<p>Where Up Front Design (long terms technical plans made at project’s beginning) are conjugated with all possible cases:</p>
<ol>
<li>Big design. All roots of risks (in particular changes in requirements) are carefully reduced. The OBS –and related financial support &#8211; shall be strong enough to supply the necessary workforce that would cover any possible issue.</li>
<li>No design at all. The gap between the requirements and available resources tends to nil.</li>
<li>Relative design. Strong foundations are well entrenched for allowing tactical adjustments.</li>
</ol>
<h2>Criticizing the big design</h2>
<p><a href="http://www.infoq.com/author/James-Coplien-%26-Kevlin-Henney">James Coplien &amp; Kevlin Henney</a> are smart and experienced developers (and leaders as well). Their ideas are based on the “Agile” concept of organizing the production for making easier to accept modification until the latest moment.</p>
<p>This viewpoint will find strong advocates in those customers, who need short time-to-market approach. Therefore, risks related to increasing budget can be reasonably accepted in view of maintaining unchanged the delivery date, scope and quality.</p>
<h2><strong>The limits of “beautiful” design</strong></h2>
<p>The idea of designing all details (RUP), leaving the simple act of coding to the developers, could be considered as an evolution of the “Big design”. In fact, there should be more interactions with customer, who should be enabled to judge the correspondence of designs with their requirements. To support this viewpoint, they cited <a href="http://en.wikipedia.org/wiki/Leon_Battista_Alberti">L.B. Alberti</a> – who warned architects about the risk of drawing a “would be” reality, instead of spending energy on “mechanical” concepts (those which make a structure working).</p>
<p>In their viewpoint (confirmed by my experience) this approach has two big weaknesses:</p>
<ol>
<li>This is based on the assumption      that the customer can read and go through scores of even more complex diagrams.</li>
<li>The creativity of      developers is nullified, increasing the chances of risks either caused by      lack of adherence of the design to the “hard” reality of coding; or      different results produced by misunderstanding between analyst and      developers due to the lack of intelligent human interaction.</li>
</ol>
<h2>No design at all</h2>
<p>The only reasonable scenario offered is produced when developers have experience (technical skills and domain’s knowledge) enough for dealing with the “new” project without the need of a plan produced by an “external” analysis.</p>
<p><strong>Missing this condition, the result is a failure</strong>.</p>
<h2>Strong pillars, smaller creativity and continuous interaction</h2>
<p>After a “short” period of inception, the architect (senior developer) starts to write down the necessary (working) code for creating the fundamental (abstracts) classes. Once, these objects are tested for responding to the major customers’ requirements. This enables the (junior) developers to work within a working and dedicated frame where they can tackle the details and accommodate the changes requested during the development.</p>
<h2>Conclusion</h2>
<p>Given the uniqueness of the projects, this classification offers a good system for understanding the correct (technical) approach. However, the choice shall be taken considering the real options available.</p>
<p>A thorough and impartial assessment of the available resources (that starts from the senior management) is the unavoidable process that shall precede and strongly influences the organizational and then technical choices.</p>
<p><a href="http://thinkexist.com/quotation/all_generalizations_are_false-including_this_one/216596.html" target="_blank"><span>“All generalizations are false, including this one.”</span></a></p>
<h2>More readings</h2>
<p>http://alistair.cockburn.us/Notes+on+the+writing+of+the+agile+manifesto</p>
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		<item>
		<title>As the time goes by &#8211; Managing versions</title>
		<link>http://www.magnone.eu/archives/2222</link>
		<comments>http://www.magnone.eu/archives/2222#comments</comments>
		<pubDate>Fri, 14 Aug 2009 16:04:24 +0000</pubDate>
		<dc:creator>Eugenio</dc:creator>
				<category><![CDATA[Prince2]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[Contingency]]></category>
		<category><![CDATA[documents]]></category>
		<category><![CDATA[Gantt]]></category>
		<category><![CDATA[Options]]></category>
		<category><![CDATA[stakeholders]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://www.magnone.eu/?p=2222</guid>
		<description><![CDATA[<p class="wp-caption-text">Nice attempt to hide the guest</p>
<p>In our projects, time comes in two versions:</p>

“Fixed”      in terms of delivery dates.
“Flowing”      like a cursor moving with a uniform velocity on the calendar (toward the      milestones).

<p>These truisms are needed for introducing the concept [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2223" class="wp-caption alignright" style="width: 160px"><a rel="attachment wp-att-2223" href="http://www.magnone.eu/archives/2222/elephant"><img class="size-thumbnail wp-image-2223" title="elephant" src="http://www.magnone.eu/wp-content/uploads/2009/08/elephant-150x150.jpg" alt="Nice attempt to hide the guest" width="150" height="150" /></a><p class="wp-caption-text">Nice attempt to hide the guest</p></div>
<p>In our projects, time comes in two versions:</p>
<ol>
<li>“Fixed”      in terms of delivery dates.</li>
<li>“Flowing”      like a cursor moving with a uniform velocity on the calendar (toward the      milestones).</li>
</ol>
<p>These truisms are needed for introducing the concept of versioning.</p>
<h2>Managing initial drafts</h2>
<p>Until all “Acceptance Criteria” (to be intended as a general concept, not yet finalized in the Prince2 document) have been collected and approved. The documents (e.g. plans) are drafted for a shorter scope.</p>
<p>However essential for building the final results, these documents shall be clearly marked “Draft” and carefully doled out. This is done for avoiding stakeholders’ false expectations.</p>
<p>Once, the final draft has received the “imprimatur” from Sponsors, it shall be considered as a &#8220;living&#8221; document. From its changes, duly and correctly recorded, it is possible to manage the project.</p>
<h2>Plans with short lives</h2>
<p>Some Project managers haste to issue the “final” version, the one that shall freeze the time until the milestone will not be reached.</p>
<ol>
<li> Risks, duly cataloged, are tamed in their boxes.</li>
<li>Senior Managers are assured that the neatly figures and lines will form an insurmountable barrier against every delay or extra costs.</li>
<li> Stakeholders have been completely satisfied with the last version of requirements.</li>
<li>Producers can spend all their energies on their assigned tasks.</li>
</ol>
<p>Then all the magic disappears.</p>
<p>A new tall order has arrived in for changing the reality.</p>
<p>Again new plans are produced, usually without any consultation with the producers (probably in order to save their time).<br />
Any trace of the previous past, shall be carefully erased. Just in case any doubt would be arisen about the <span onclick="dr4sdgryt(event,&quot;Ox&quot;)"> <span><span><span>far-sightedness of the project manager.<br />
</span></span></span></span></p>
<h2>Facing difficult changes</h2>
<p>Instead of “crying over spilled milk” (in other words, “unexpected” stakeholders’ requests for important changes, incoming big issues – until now considered as remote, risks that needs actions well beyond the PM allowances) the <strong>project management</strong> should investigate properly the accident (Prince2 Exception Report).<br />
This means to analyze the current situation using the terms contained in the (<strong>updated</strong>) Business Case. In this analysis, the involvement of producers is essential, if it is properly focused on the event itself.<br />
<em>Emotions could be a big obstacle to the correct management of a brainstorming. If the current policy about changes is based on “erasing the past”; the authority could be challenged, jeopardizing the whole project.<br />
</em></p>
<h2>The importance of baselines</h2>
<p>The impact of the possible solutions shall be verified using the whole history of the project. From the well maintained documentation (including plans) it is possible to single out the trends (statistical tools – especially based on Monte Carlo system offer excellent support).<br />
These results would supply, and then confirm, the validity of the options made available through a structured and honest confrontation with all stakeholders.<br />
The validity of those proposed solutions shall be reviewed under both on the “Business Case – Reasons” and then “Acceptance Criteria”, especially for the “technical” aspects that influence the users.</p>
<h2>Conclusions</h2>
<p>The terms “life” referred to a project is not a simple label.It is a strong concept that allows managing properly any aspect of the processes needed for the outcome.</p>
<p>The idea of using plans as worn carpets that can be piled on, just to hide the elephant, does not work.</p>
<p><a href="http://thinkexist.com/quotation/i_have_a_memory_like_an_elephant-in_fact/262951.html" target="_blank">“I have a memory like an elephant. In fact, elephants often consult me.”</a><br />
Image: http://www.phrases.org.uk/meanings/elephant-in-the-room.html</p>
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		</item>
		<item>
		<title>What &#8220;done&#8221; can be defined.</title>
		<link>http://www.magnone.eu/archives/2015</link>
		<comments>http://www.magnone.eu/archives/2015#comments</comments>
		<pubDate>Wed, 29 Jul 2009 11:46:34 +0000</pubDate>
		<dc:creator>Eugenio</dc:creator>
				<category><![CDATA[Prince2]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA["Done"]]></category>
		<category><![CDATA[control]]></category>
		<category><![CDATA[milestones]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[stakeholders]]></category>
		<category><![CDATA[time]]></category>
		<category><![CDATA[WBS]]></category>

		<guid isPermaLink="false">http://www.magnone.eu/?p=2015</guid>
		<description><![CDATA[<p class="wp-caption-text">Where to cut</p>
<p>In my post, following a thread created by Craig Brown and developed by Glen Allen, I closed it confessing my difficult to offer a clean definition of what can be defined as “done”. In my mind there is the “Prince2” definition that sounds:</p>
<p>“Everything that has passed the tests based on stately accepted [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2022" class="wp-caption alignright" style="width: 310px"><a rel="attachment wp-att-2022" href="http://www.magnone.eu/archives/2015/4-accounting-for-the-blade-thickness"><img class="size-medium wp-image-2022" title="4-accounting-for-the-blade-thickness" src="http://www.magnone.eu/wp-content/uploads/2009/07/4-accounting-for-the-blade-thickness-300x225.jpg" alt="Where to cut" width="300" height="225" /></a><p class="wp-caption-text">Where to cut</p></div>
<p>In my post, following a thread created by <a href="http://www.betterprojects.net/2009/07/milestones-signs.html" target="_blank">Craig Brown</a> and developed by <a href="http://www.betterprojects.net/2009/07/milestones-signs.html" target="_blank">Glen Allen</a>, I closed it confessing my difficult to offer a clean definition of what can be defined as “done”. In my mind there is the “Prince2” definition that sounds:</p>
<p><em><strong>“Everything that has passed the tests based on stately accepted criteria”.</strong></em></p>
<p>However, this leaves some room for the human factor. It is true, especially the perception from stakeholders about what can be accepted. Many stakeholders’ categories (<a href="http://www.magnone.eu/risk-management/stakeholders-structure" target="_blank">graph</a>) have different viewpoints on both terms of features and quality. In particular about:</p>
<ol>
<li>What can be delivered (developers)?</li>
<li>What can be accepted (customers)?</li>
</ol>
<p>The answers could be found in the Glen’s questions and my answers:</p>
<ol>
<li>Can we state clearly and concisely what “done” looks like? Can we state the intermediate versions of “done?” Can we state this in some units of measure meaningful to all the stakeholders?
<ul>
<li><em>It can be carried through the completion of all required operations, followed by the functional testing of the output. The results, expressed in percentage, state the readiness of the product. In this way all stakeholders can find a common ground.</em></li>
</ul>
</li>
<li>Do we know what it will cost to get to “done” or any smaller version of “done” along the way? This cost is usually measured in money. But people and other resources are part of the answer as well.
<ul>
<li><em>EVM (properly managed) could measure the ratios between efforts (monetized resources) and results (passed functional tests).</em></li>
</ul>
</li>
<li>Do we know the date of when we’ll see “done” or any part of “done?” What the variance on this date? If we don’t know the date of the final “done,” how about a “date for the date?”
<ul>
<li><em>At work-package level (team) these evaluations shall be done frequently and openly (involving the customers in clear and friendly terms). At a “higher” level, the “IMS” (major plan) should be based on precise dates (including tolerances).These will supply (together with the WBS and then Product Backlog) the criteria for shaping the gateway destined to evaluate progresses. The terms and conditions each of these processes shall be verified (and confirmed) at each level. In my previous post were described the risks implicit in setting a rigid structure up.</em></li>
</ul>
</li>
<li>Do we know how we will measure progress along the way? How will we have confidence that progress is actually being made? What are the units of measure for this progress?
<ul>
<li><em>Planning (at project level, leaving details for the work-packages) shall include Risk Management and Test. The definition of capabilities (features) cannot be done without stating clearly what has to be used for measuring them.</em></li>
</ul>
</li>
<li>Can we see what is going to impede our progress toward “done?” Do we have any way to remove these impediments so we can get to “done?”
<ul>
<li><em>Only if the product is clearly described (at various levels and times) it is possible to manage the production and consequently the outcome.</em></li>
</ul>
</li>
</ol>
<h2>Conclusion</h2>
<p><strong>“You can manage only what you can measure”. </strong>This notwistanding the <a href="http://www2.computer.org/cms/Computer.org/ComputingNow/homepage/2009/0709/rW_SO_Viewpoints.pdf" target="_blank">article </a>of his father (DeMarco).<br />
<div class="wp-caption aligncenter" style="width: 69px"><a href="http://www.magnone.eu/wp-content/download/Posts/What done can be defined.pdf"><img title="PDF-DL" src="http://www.magnone.eu/wp-content/uploads/2009/07/PDF-DL.png" alt="D/load PDF version" width="59" height="52" /></a><p class="wp-caption-text">D/load PDF version</p></div></p>
]]></content:encoded>
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		</item>
		<item>
		<title>Using strategy to avoid a (lost) war</title>
		<link>http://www.magnone.eu/archives/1569</link>
		<comments>http://www.magnone.eu/archives/1569#comments</comments>
		<pubDate>Thu, 09 Jul 2009 12:40:33 +0000</pubDate>
		<dc:creator>Eugenio</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[freelance]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://www.magnone.eu/?p=1569</guid>
		<description><![CDATA[<p class="wp-caption-text">Greek phalanx</p>
<p>Like any other enterprise, each project needs a specific strategy.</p>
<p>This word was coined by Ancient Greeks joining the words “army” and “moving”. Logistics has the same origin, and it is the natural companion (an example how available materiel and good intelligence can influence strategy is the “Battle of Kursk”) .</p>
<p>If you like a [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_1570" class="wp-caption alignleft" style="width: 160px"><a rel="attachment wp-att-1570" href="http://www.magnone.eu/archives/1569/phalanx"><img class="size-thumbnail wp-image-1570" title="phalanx" src="http://www.magnone.eu/wp-content/uploads/2009/07/phalanx-150x150.gif" alt="Greek phalanx" width="150" height="150" /></a><p class="wp-caption-text">Greek phalanx</p></div>
<p>Like any other enterprise, each project needs a specific strategy.</p>
<p>This word was coined by Ancient Greeks joining the words “army” and “moving”. Logistics has the same origin, and it is the natural companion (an example how available materiel and good intelligence can influence strategy is the “<a href="http://en.wikipedia.org/wiki/Battle_of_Kursk" target="_blank">Battle of Kursk</a>”) .</p>
<p>If you like a ad hoc definition: &#8220;<em>strategy is an efficient way to enforce governance through a chain of  decisions linked by the same logic and independent in the way they face a new challenge</em>&#8220;.</p>
<p>Plans deal with the future; they are just well structured wishes. Instead strategy is the art of dealing with competitive situations (either theoretical or real) as a whole. Tactics are referred to a series of actions focused to deal with a single aspect of the problem.</p>
<p>Reliable plans have to be fed with information. Dealing with stakeholders (<em>they are never considered as enemies, just as allies with various grades of trustworthiness</em>) needs a good strategy for understanding the best way for obtaining information that will form plans. These shall be bought both by customers (external) and producers (internal stakeholders).</p>
<p>The ability to elicit affirmation followed by confirmation is the essence of strategy. It is not limited to the salesmanship to be intended as ability to buy-in sponsors for the project.  Most of energies shall be concentrated on the series of &#8220;conquests&#8221;, where each of them brings some more knowledge to be transformed into agreed results.</p>
<h2>Every (group of) stakeholder has his/her own petitions.</h2>
<p>They are not limited to product’s features, budget or delivery date. Architects and developers have their motions, too.</p>
<ol>
<li>Architectural choices</li>
<li>Development environment (tools)</li>
<li>Test Driven Development</li>
<li>Unit test</li>
<li>Peer reviews</li>
<li>Refactoring</li>
</ol>
<p>These techniques will have a strong impact on fundamental issues like quality, budget and delivery time.</p>
<p>However, the section of the strategy that deals with development has to consider the skills and attitude (e.g.  contractual position) of producers.</p>
<p>The users – very often accused of being untoward to the novelties – have their petitions as well. Their power, often expressed with mumbles, is neglected until the project has been delivered. Are, their request for features, matched with the specs? Has the PM taken some energy for clearing the path from disastrous gossips about unresolved problems?</p>
<h2>Conclusion</h2>
<p>Strategy, plans and tactics are three different arts that form the essential support for leadership. Making forecasts is always difficult, try to do it without considering the interests of each project’s participant is just absurd.</p>
<p><a href="http://thinkexist.com/quotation/however_beautiful_the_strategy-you_should/220337.html">However beautiful the <strong>strategy</strong>, you should occasionally look at the results.</a>”</p>
<h2>More readings</h2>
<p><a href="http://www.easy-strategy.com/strategy-definition.html" target="_blank">Strategy as definition.</a></p>
<p><a href="http://enterprisearchitect.typepad.com/ea/2009/01/we-dont-have-requirements-yet-but-how-long-will-this-take-you.html" target="_blank">We Don&#8217;t Have Requirements Yet, But How Long Will This Take You?</a></p>
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		<title>The project’s value (cash-flow &amp; change management)</title>
		<link>http://www.magnone.eu/archives/534</link>
		<comments>http://www.magnone.eu/archives/534#comments</comments>
		<pubDate>Tue, 09 Jun 2009 10:57:01 +0000</pubDate>
		<dc:creator>Eugenio</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[cash flow]]></category>
		<category><![CDATA[EVM]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://www.magnone.eu/?p=534</guid>
		<description><![CDATA[How to transform time into money for a better control of the [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_535" class="wp-caption alignright" style="width: 310px"><img class="size-medium wp-image-535" title="value" src="http://www.magnone.eu/wp-content/uploads/2009/06/value-300x272.png" alt="Focus on value" width="300" height="272" /><p class="wp-caption-text">Focus on value</p></div>
<p>One of the biggest problems that affect the IT projects is generated by lack of clear roles and responsibilities. To avoid this dreadful sin is essential to stick to fundamental concepts. The effort of clearing the sources improves a holistic approach.</p>
<p>Whatever the reason for undertaking a project, there are some people who will spend their goods (money &#8211; customers and energy &#8211; workers) to obtain benefits. Once those benefits are strongly shared among the participants, the enterprise can challenge the future with its load of risks.</p>
<p>Whether these advantages are financial profits or not makes the nature of the project itself. In terms of business, the available monies take the name of budget.</p>
<p>There are many budgets as many stakeholders&#8217; groups. Here below is a simple list where they are listed as per magnitude:</p>
<ol>
<li>Customers&#8217; organization. (How much money they will make available in the time span from the order to the delivery)</li>
<li>Performing organization. (The expected revenue shall be deducted from the above amount)</li>
<li>Performing team. (The money to be allotted for buying the needed resources).</li>
</ol>
<p>After some shearing, the Project Manager receives the <strong>financial</strong> means to carry out all the tasks necessary for producing the &#8220;stated&#8221; outcome.<br />
The &#8220;financial means&#8221; shall not reduce everything to few pliable figures. Money is the measurement&#8217;s unit to be used for gauging the <strong><em>estimated</em> efforts <em>required.</em></strong><br />
It is not a mere philistine point of view. Inspiring people is an essential component of management. A strong ingredient, for coalescing people into the idea, lies in its chances of success <em>(Nervos belli pecuniam infinitam</em>) <a href="http://en.wikipedia.org/wiki/Cicero"> <strong>Endless money forms the sinews of war.</strong></a></p>
<h2>Time as well needs to be transformed <em><a href="#tool">also</a></em> in money</h2>
<p>.<br />
Time and money form a bi-dimensional measure that will be used mainly for sustaining the efforts and then gauging results. These are the main reasons for that:</p>
<dl>
<dt>TIME</dt>
<dd>Is the delivery date calculated on market&#8217;s expected benefits? If so any decision about the arising variation (usually delays) shall be taken on the estimated costs (reduced benefits).</dd>
<dd>It could be a fine&#8217;s amount, if the project&#8217;s scope is about conforming to new regulations.</dd>
<dt>EFFORT</dt>
<dd>All estimations about the tasks&#8217; duration, shall be worked out into financial figures. Using a simple spreadsheet where each role (or detailed at person level) is &#8220;priced&#8221;. Put on a second sheet all required tasks (grouped per features). The result comes from adding the single products of time allotted per person to accomplish with the task delivery.</dd>
<dt><em>Strategy</em></dt>
<dd>How much does it cost the involvement of that professional role?</dd>
<dd>Does it worth assigning longer time to a junior developer instead of a seasoned one?</dd>
<dt>SCOPE</dt>
<dd>Assuming that the whole product can be split into &#8220;detachable&#8221; features, each of them could receive a value. From this a production&#8217;s calendar (priority) can be set in accordance with technical constraints.</dd>
<dt><em>Change management</em></dt>
<dd>As soon someone (either from customer or technical people) springs up with a &#8220;little modification&#8221; (too bad if it regards some existing and working code), every bit of time (effort) needed for changing the plan shall be worked out and put on the scale, looking for a new balance between costs and benefits.
</dd>
</dl>
<h2><a name="tools"></a></h2>
<h2>Linking time and money brings in two different and complementary tools </h2>
<p>.</p>
<dl>
<dt><a href="http://en.wikipedia.org/wiki/Earned_value_management#Introduction_to_EVM">EVM.</a></dt>
<dd>
</dd>
<dt><a href="http://en.wikipedia.org/wiki/Cash_flow">Cash flow </a></dt>
<dt>
<dd>Is it possible to split the project&#8217;s budget into instalments? If it is, when  money shall be made available? This information improves
<ul>
<li>the opportunities to shape better contracts</li>
<li>the company&#8217;s financial management</li>
<li>reduces the project&#8217;s (financial) risks.</li>
</ul>
</dd>
</dt>
</dl>
<h2>Can money evaluate quality?</h2>
<p>It is possible until the product&#8217;s acceptance from the customers (users) influence the perception about the project&#8217;s success. In many situations, it is very easy, these are some cases:</p>
<ol>
<li>The application produced by the project helps users to reduce the required working time to complete a task.</li>
<li>A market success, where customers pay for the project&#8217;s outcome.</li>
</ol>
<h2>Conclusions</h2>
<p>Time and money should be the basic figures to be used for setting metrics.<br />
A seasoned (and cynical) person said that setting metrics is a good way to prod people&#8217;s fantasy for eluding them. <strong>.Complex metrics offer enticing opportunities for this kind of undue creativity.</strong></p>
<blockquote><p>Concepts like: clock and wallet, are simple enough for being understood by everyone. This is the arena where the manager&#8217;s communicating skills are tested.</p></blockquote>
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		<title>Managing timeboxes</title>
		<link>http://www.magnone.eu/archives/216</link>
		<comments>http://www.magnone.eu/archives/216#comments</comments>
		<pubDate>Sun, 24 May 2009 19:13:54 +0000</pubDate>
		<dc:creator>Eugenio</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://www.magnone.eu/?p=216</guid>
		<description><![CDATA[<p>It consists in allotting an agreed quantity of time to accomplish a task. This concept comes from  Agile  approach.</p>
<p><p class="wp-caption-text">Timebox</p>It is a way to tackle a task that is not easy to be planned. The main one is split into smaller and consecutive jobs. These would form a chain; the former result will [...]]]></description>
			<content:encoded><![CDATA[<p>It consists in allotting an agreed quantity of time to accomplish a task. This concept comes from <a href="http://en.wikipedia.org/wiki/Timebox" TARGET="_blank"> Agile </a> approach.</p>
<p><div id="attachment_254" class="wp-caption alignright" style="width: 160px"><img src="http://www.magnone.eu/wp-content/uploads/2009/05/39765601_70282296-150x150.jpg" alt="Timebox" title="Timebox" width="150" height="150" class="size-thumbnail wp-image-254" /><p class="wp-caption-text">Timebox</p></div>It is a way to tackle a <strong>task that is not easy to be planned</strong>. The main one is split into smaller and consecutive jobs. These would form a chain; the former result will be the latter input. In Agile approach, the whole team is involved in the enterprise. Each result improve the definition of the final output. This, usually, takes the form of a <a href="http://www.think-box.co.uk/blog/2006/09/planning-board-and-user-story-cards.html" TARGET="_blank">storyboard</a>. <br />In this way the customers, who participate to the endeavour, can evaluate the chances of getting the result. On this basis, they can influence the output. </p>
<p>It requires creating a capsule, where one or few people possessing sufficient skills and resources can deliver quicker and better results. <strong> The pressure of time gives energy to them. The sense of affiliation increases the communication system inside the group.</strong> It works if the bubble doesn’t burst.
<ol>
<ul>
It could be the internal pressure (poor leadership).</ul>
<ul>
Another cause could be the lack of external interest; when the outputs are not synchronized and or aligned with the project scope.</ul>
</ol>
<p>This group shall be managed externally. It is part of the whole project, an essential share that must be integrated (at the capsule opening) with remaining stakeholders.</p>
<p>For this elitist nature (only the brightest and the best can join the team), this approach should be limited to the initial phases of the projects. <strong>When the people aspirations will be transformed in objectives. Thefore the business case can be issued.</strong><br />
An example:
<ol>
<li>
Eliciting requirements that will create the foundation of the project scope.</li>
<li>Devising the architecture.</li>
</ol>
<p>In both cases the scope of each task is clear, therefore the time (then money) allocation is easy to be managed.<br />
The planning and then production phases need a much more prosaic approach.</p>
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