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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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Cost Performance Index (CPI) In Project Management

ProjectManager.com

Using the cost performance index helps to keep track of project costs and increases the probability of them being completed on budget. Project management software is another tool in the work of managing project costs. Now you can track cost variance in real time across our software.

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RAG Status in Project Management: Importance & Benefits

ProjectManager.com

Project management software can incorporate the RAG status. ProjectManager is award-winning project and portfolio management software with multiple ways to get a quick overview of the project’s performance and progress. They can share files, comment at the task level and update statuses on any device with our mobile app.

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Operational Efficiency: A Quick Guide

ProjectManager.com

What is operational efficiency and how can you measure it to take advantage of its benefits? Let’s start with the definition and explore how to improve operational efficiency in addition to ways that using project management software can help manufacturers. Operational efficiency improves with project management software.

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Performance Reporting for Projects: A Quick Guide

ProjectManager.com

Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. Performance reports (like a project status report) do more than just show key performance indicators. Key performance indicators (KPI). KPI measurement frequency.