article thumbnail

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.

article thumbnail

6 Tools and Techniques for Controlling Risks

Project Risk Coach

In these risk review sessions, the team discussed the effectiveness of the risk responses and the risk management processes. Let’s look at six tools and techniques recommended in the Project Management Body of Knowledge (PMBOK) for controlling risks. Risk Control Tools and Techniques. Evaluating the risk management processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Tools and Techniques for Controlling Risks

Project Risk Coach

What tools and techniques can project managers use for controlling risks and getting the results they are looking for? In these risk review sessions, the team discussed the effectiveness of the risk responses and the risk management processes. Risk Control Tools and Techniques. Yes, Susan’s team wins the day, hands down.

article thumbnail

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. The Five Project Management Processes: 1. Initiating: This process involves defining the project and obtaining authorization to begin work.

Process 52
article thumbnail

Control partners should have skin in the game!

Kiron Bondale

But as the size of the organization increases and stakes get higher, control partners emerge to influence not only what but how production occurs. Where things get difficult is when these control partners do not experience first-hand the downside of their decisions.

article thumbnail

What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

Relatively new, the balance scorecard was introduced in 1992 by David Norton and Robert Kaplan, by taking existing metric performance measures and adapting them to include nonfinancial information. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth.

article thumbnail

RAG Status in Project Management: Importance & Benefits

ProjectManager.com

In other words, the project is under control. How ProjectManager Helps Implement the RAG Status In Your Organization RAG status is part of the reporting process in project management. Related Project Management Content RAG status is a small part of the larger project management reporting process.