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Project Baseline: A Starting Point to Monitor Your Project Performance

Epicflow Blog

It’s hardly possible to stick to the initial project plan without making any changes to it through the whole project lifecycle. In most cases, changes are inevitable and even necessary, as they allow the project team to deliver a product that will meet the customers’ needs to the fullest extent. What Is a Project Baseline?

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Cost Performance Index (CPI) In Project Management

ProjectManager.com

Projects cost money. But what’s harder to discern is if the project is worth the investment. The last thing stakeholders want is to discover the project isn’t financially effective. That’s where the cost performance index comes in. We’ll discuss what the cost performance index does and how it does it below.

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Project Performance Reporting: Key Performance Reports

ProjectManager.com

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget.

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The Importance of Operational Project Management for Businesses

ProjectManager.com

Some projects are done internally within an organization. This is called operational project management. To better understand operational project management requires defining what an operational project is, how it differs from strategic projects and what operational project management is.

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Best Cost Control Techniques

ProjectManager.com

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. This is why in project management and business in general cost control is so important. Cost control is a practice performed across businesses in most industries.

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Warehouse Management: How to Run Efficient Warehouse Operations

ProjectManager.com

This is managed by a warehouse management system, which we’ll explain, and detail how project management software can help improve that process. Some of those processes, such as managing inventory, tracking quantities, monitoring expiration dates and organizing products based on customer demand fall under inventory management.

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How to Create a Performance Measurement Baseline for Your Projects

ProjectManager.com

Projects are planned and then life happens. Ideally, project managers know better than to execute their project plans without a performance measurement baseline. Without that knowledge, the project is running blindly, and anyone who’s tried this knows the dangers. What Is a Performance Measurement Baseline?