This is a auto-generated Article of all your definitions within the glossary.
Glossary
This is a auto-generated Article of all your definitions within the glossary.
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Alliance
measures the degree to which all of those who are expected to contribute directly to the project (a) share a common goal, (b) acknowledge the necessity of the contributions by the others and (c) accept the risks posed by the project.
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At Risk
The status of a project operating between 40% and 69%. Without improvement action the project has a low probability of long term success.
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Balance
measures the alignment of members of the project ecosystem in making “trade-off” decisions regarding schedule, cost and quality to deliver business objectives.
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Bayesian Statistics
Bayesian statistics is a mathematical procedure that applies probabilities to statistical problems. It provides people the tools to update their beliefs in the evidence of new data.
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Benefits
The driving need (reason for being) for the program and the advantages that the program provides to all stakeholders including staff and customers.
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Budget
Provides a measure of whether the funds allocated to complete the program are sufficient to deliver the required level of quality.
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Business Architecture and Design
In SolutionAmp this domain describes business strategy that drives the transformation, current and required business capabilities, current and future organisation, current and future business processes, user interactions and business rules.
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Business Transition
In SolutionAmp this domain describes all “people” aspects of how the solution will be deployed into the business and IT environment, including Impact Assessment, Communications Strategy and Plan, Training Needs Analysis, Training Strategy and Plan, Training Materials.
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BWG (Business Working Group)
The Business Working Group (BWG) is a forum consisting of senior business and IT stakeholders and is responsible for the business solution scope. To carry out this responsibility, the BWG has the delegated authority from the Steering Committee.
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Certainty
measures the project’s capability to manage uncertainty, from which risks arise, preventing them from becoming issues.
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Clarity of Purpose
measures the degree of alignment the project ecosystem (project team members, leadership team members, business stakeholders and suppliers) has towards the delivery of clearly defined business goals.
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Drive
is a positive increase in the speed at which essential project processes are being completed including the process of defining problems and mobilising resources.
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Effectiveness
measures the degree to which the project has achieved the key operational principles of transparency, simplicity and predictability.
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Expert System
An expert system is a computer program that uses artificial intelligence (AI) technologies to simulate the judgment and behaviour of a human or an organisation that has expert knowledge and experience in a particular field.
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Foreseen Uncertainty (Type 1)
Related to task and relational complexity and variation of standard program task and metrics such as scope, team, schedule, cost, stakeholders. These are usually the main focus of standard project management approaches and methods. This type of uncertainty is best managed via rigorous planning, estimating and controlling techniques.
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Immediate Action Required
The status of a project operating below 40%. In this range the project requires immediate improvement action to improve the probability of long term success.
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Issues
Provides a measure of how effective the program issue management process is.
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Leadership/Governance
People who are involved in leading the project or program including all members of the governance forums. This should also include key executives who are championing the project if they are not part of the governance forums.
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Machine learning
Machine learning is the science of getting computers to act without being explicitly programmed.
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Monitor Progress
The status of a project operating above 70% that has a high probability of long term success.
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Peak Performance Attributes
Peak Performance Attributes are the essential characteristics of a peak performing project team.
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Project Management and Governance
In SolutionAmp this domain describes the way in which the project will be managed and governed. This includes documents that describe the project’s organisational structure, roles and responsibilities, plans, project management and governance processes, vendor agreements and the business case.
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Project Team
Members of your direct project team excluding key suppliers. This includes staff and individual contractors engaged by your project to augment the team’s skills and/or capacity.
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Risks
A measure of how effective the program risk management process is.
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Schedule
Whether the time allocation, schedule flexibility and program quality is sufficient. Scope is linked to schedule by program milestones which are in turn linked to program deliverables.
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Scope
How well the business problem/s that the program is trying to solve and the proposed solution are understood and defined.
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SolutionAmp
A component of the AI Assurance software, SolutionAmp is an expert system that provides a way to better manage the quality of project work and improve the predictability of delivery, time and cost.
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Solution Build and Testing
In SolutionAmp this domain contains all work products required to describe how the solution will be built and tested, including detailed solution build and release procedures, testing strategy (scope and approach), testing plans, testing scenarios/test cases.
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Solution Phase
Over the life of a complex project, the business solution is delivered in a number of solution phases. As the project progresses through the lifecycle both the level of solution definition detail and the level of deliverable completion increases from phase to phase. The standard project phases in SolutionAmp are: Concept, High Level Design, Build and Test and Deploy.
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Stakeholders
Business stakeholders who are involved in defining the business solution and/or who will be key to accepting and using the solution. This can include clients (customers) if you have a client (customer) facing business solution.
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Steering Committee
The Steering Committee is a cross-functional forum consisting of business, IT and vendor executives, chaired by the Delivery Agency Sponsor. The role of the Steering Committee is to review, direct, support and enable the Project team to successfully deliver the Project.
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Suppliers
Key suppliers who your project has contracted to produce a material portion of the project outcome or deliverables.
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Team
How unified, capable and committed the contributors are to the program. Includes the leadership, team, users, managers, executive stakeholders and suppliers.
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TeamAmp
A component of the AI Assurance software, TeamAmp measures project ecosystem behaviours, i.e. how aligned and effective all parties are (project team, business stakeholders, executives, suppliers) in defining and delivering the required business solution in accordance with the investment case.
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Team Feedback
Verbatim team comments provided by participants in responding to a TeamAmp review.
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Team Performance Score
Your Team Performance Score (PS) is derived by modelling your teams' feedback with similar data from past projects to provide a performance score that is predictive of success.
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Technical Architecture and Design
In SolutionAmp this domain describes all current and future data, information systems/application and technology/infrastructure components and management processes in order to support the business architecture.
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Technical Transition
In SolutionAmp this domain describes all technical aspects of how the solution will be deployed into the business and IT environment, including Deployment Strategy, Deployment Plan, Cut-over Plan.
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Unforeseen Uncertainty (Type 2)
Distinct adverse influences, difficult to foresee and only realisable close to the time of occurrence. An example of this is when, part way through a program, a key software or services provider, despite all previous commitments and communications, reveals that a significant component of the software or solution is not available or will be significantly delayed. This usually occurs despite the most rigorous management of Foreseen Uncertainty.