article thumbnail

How to Create a Performance Measurement Baseline for Your Projects

ProjectManager.com

Projects are planned and then life happens. Ideally, project managers know better than to execute their project plans without a performance measurement baseline. What Is a Performance Measurement Baseline? This is one tool project managers use to see where they are versus where they planned to be.

article thumbnail

The Quality Management Plan in Project Management

ProjectManager.com

The quality of your work can make or break a project, which is why a quality management plan is so important. Let’s explore the impact a quality management plan can have on a project, how to make one and look at some templates to get you started. What Is a Quality Management Plan? Get started today for free.

Planning 331
Insiders

Sign Up for our Newsletter

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

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

Webinar Recap: Project Performance Measurement – Part 1: Overview Of Project Performance Measurements

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 1: Overview Of Project Performance Measurements, being provided by MPUG for the convenience of our members. Kyle: Hello, and welcome to part one of MPUGs Project Performance Measurement course.

article thumbnail

Project Performance Reporting: Key Performance Reports

ProjectManager.com

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. Project management software can help.

article thumbnail

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. Just like a project plan , the RAG status tolerance is a moving target and not set in stone.

article thumbnail

Cost Performance Index (CPI) In Project Management

ProjectManager.com

Earned value management uses schedule, costs and scope to measure project performance. It’s based on the planned and actual values of those metrics to predict the future and thereby allow project managers to adjust their projects accordingly. Project management software is another tool in the work of managing project costs.