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How to Create a Performance Measurement Baseline for Your Projects

ProjectManager.com

Ideally, project managers know better than to execute their project plans without a performance measurement baseline. A performance measurement baseline provides a window into the project that allows project managers to see roadblocks and resolve them before the project hits a dead end. Learn more.

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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. We create baselines throughout the project. Visual data and information.

Logistics 509
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Cost Performance Index (CPI) In Project Management

ProjectManager.com

The cost performance shows if the project is effectively staying on budget or not. The project budget is only our best estimate of what it will cost. Therefore, tracking the project’s cost performance as expenses change over its life cycle is an essential part of project management. Project costs can vary.

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The 5 Phases of Project Management Process and Techniques

NimbleWork

Project management is a multifaceted discipline that combines techniques, processes, and strategies to plan, execute, monitor, and control projects effectively. Planning involves breaking down the work into manageable tasks, estimating resource requirements, and creating schedules and budgets.

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Project Artifacts and How to Use Them

Rebel’s Guide to PM

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Here are some examples: Budget baseline Milestone schedule Scope baseline Performance measurement baseline. Baselines We create baselines throughout the project.

Logistics 253
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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.

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A Complete Guide to PMIS

ProjectManager.com

A PMIS enables an organized and controlled flow of information, so nothing is siphoned off or misplaced. Some will also have automated gathering and reporting on key performance indicators (KPIs). PMIS is made to support all aspects of project management and the information they monitor or collect. What Is PMIS?