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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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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.

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Project Performance Reporting: Key Performance Reports

ProjectManager.com

The overall measurement of project performance metrics will look at the objectives and requirements of scope, cost and schedule or the project management triangle. This is done during the execution phase and the monitoring and controlling phase of the project, two project management phases that overlap.

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The Quality Management Plan in Project Management

ProjectManager.com

A quality management plan is a document that helps the project manager and the project team execute quality management and quality assurance actions. Quality is intentional and requires skillful execution. Then, teams can execute the plan on kanban boards and task lists. What Is a Quality Management Plan?

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RAG Status in Project Management: Importance & Benefits

ProjectManager.com

Project Managers Program Managers Project Portfolio Managers Project Management Office (PMO) Executives & Board of Directors Department Managers Business Decision Makers Free Project Status Report Template The RAG status is used when making a status or portfolio report. They are as follows.

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Cost Performance Index (CPI) In Project Management

ProjectManager.com

There are four—planned value, cost variance scheduling performance index and schedule variance —that we’d like to highlight. Planned Value (PV) The planned value in a project is another way of saying the budget for the work that is scheduled for execution. It measures how much the project is ahead, behind or on schedule.

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Operational Efficiency: A Quick Guide

ProjectManager.com

This is executed by streamlining operations to work more cost-effectively. It makes sense that operational efficiency should be top of mind, especially for executives. you want to always be measuring performance. Reports can be generated with a click and easily shared with executives. Connect Everyone in Real Time.