Monitoring & Controlling

Question 1

Monitoring & Controlling?

Answer 1

• Track, review, and regulate the progress and performance of the project
• Identify any areas in which changes to the plan are required.
• Initiate the corresponding changes.

Question 2

Tasks?

Answer 2

1. Monitoring
   - Collection of project performance data
   - Determination of key performance indicators and forecasts
   - Reporting and sharing performance information
2. Controlling
   - Comparison of actual performance with planned performance
   - Analysis of deviations
   - Evaluation of possible alternatives
   - Taking appropriate corrective action where necessary

Question 3

Control Measures

Answer 3

1. Consequence analysis
   - important tasks
   - analyses deviations from the plan
   - defines and plans appropriate control measures
2. Control measures
   - Corrective measures: closing the gap between actual state and plan
   - Plan modifications: adapting the plan to the actual state of the project
3. Always take into account the effect of the identified deviations on the project goals!

Question 4

Consequence Analysis

Answer 4

1. important task
2. analyses deviations from the plan
3. defines and plan appropriate control measures
4. Control measures:
   - Corrective measures: closing the gap between actual state and plan
   - Plan modifications: adapting the plan to the actual state of the project

Question 5

Milestone Trend Analysis

Answer 5

• Actual / plan comparison of all external milestones
• Illustration of the status of all milestones
• Recognizing trends and deviations from the planned schedule

Question 6

Milestone Trend Analysis - Benefits

Answer 6

• Deviations from the plan are easy to recognize
• A simple means to communicate the project status to customer and senior management

Question 7

Release Planning

Answer 7

Input:
- Size of product backlog
- Team Estimation Game
- Bucket Estimation

Question 8

Velocity

Answer 8

1. Guessing
2. Do a first sprint and count the story points
   a) No sound basis, too less data
   b) First sprint is often overestimated
3. Compare the team with existing ones
   a) Take the velocity of the most similar one

Question 9

Future Directions - Lean Forecasting

Answer 9

Monte Carlo Simulation:
1. Forecast results of problems that canʼt be classified by a single exact value
2. Uses random sampling techniques
- Inputs are chosen randomly for a subset
- Results are analyzed over many computational cycles
3. A range of values is returned
- Forecasting the most probable result in that range of values