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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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6 Tools and Techniques for Controlling Risks

Project Risk Coach

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. The team also examines the processes to identify, evaluate, respond to, and control risks. Technical performance measurement. Risk reassessment.

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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. The section on the project health goes over budget, schedule, quality and scope.

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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? Let’s look at six tools and techniques recommended in the Project Management Body of Knowledge (PMBOK) 5th Edition for controlling risks. Risk Control Tools and Techniques.

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Project Performance Reporting: Key Performance Reports

ProjectManager.com

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. But what exactly is project performance? Project management software can help.

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Cost Performance Index (CPI) In Project Management

ProjectManager.com

It can also help to make your budgeted resources more cost-effective. The cost performance shows if the project is effectively staying on budget or not. The project budget is only our best estimate of what it will cost. But that budget, once approved, rules your project’s costs. Project costs can vary.

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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.