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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. Without that knowledge, the project is running blindly, and anyone who’s tried this knows the dangers. What Is a Performance Measurement Baseline? Learn more.

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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. It can also help to make your budgeted resources more cost-effective.

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Project Performance Reporting: Key Performance Reports

ProjectManager.com

These six metrics are also project constraints as they are areas of the project that can impact performance. Cost Cost is the filter by which you see the financial performance of a project. Once you have a budget, be sure to save that information as it’s critical to measuring cost.

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Webinar Recap: Project Performance Measurement – Part 3: Using MS Project to Track and Report on Performance

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 3: Using MS Project to Track and Report on Performance, being provided by MPUG for the convenience of our members. This one’s titled using MS Project to track and report on performance.

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What is the Management Reserve for Project Budgets?

Project Risk Coach

Consequently, the project manager cannot access or adjust the management reserve without approval from the sponsor. An amount of the project budget or project schedule held outside of the performance measurement baseline for management control purposes, that is reserved for unforeseen work that is within scope of the project.

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A Complete Guide to PMIS

ProjectManager.com

An abundance of information is created, transferred and stored over the life cycle of a project. Without a way of organizing all information a project is doomed to fail. That’s what PMIS comes in, which is an acronym for project management information system. What Is PMIS? Essential Features of a PMIS.

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125 Project Management Buzzwords

The IIL Blog

Change Request A formal request to change a project’s scope, schedule, resources, or quality specification – is typically submitted for review and formal approval. Constraints A limitation or restriction that impacts a project. Feasibility Study An analysis of a project’s viability.