Budget Information Monitoring Performance Measurement 
ProjectManager.com
SEPTEMBER 8, 2022
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.
ProjectManager.com
OCTOBER 18, 2023
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? Cost Cost is the filter by which you see the financial performance of a project.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
ProjectManager.com
JANUARY 31, 2024
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. Coca-Cola uses a balanced scorecard to align its sustainability goals with its overall business strategy and monitor its progress.
ProjectManager.com
MAY 14, 2024
Blue indicates that the activity has been completed and gray means there’s an information gap that prevents the status from being correctly assessed. This reporting tool helps project managers and keeps stakeholders informed on the progress of the project. Sometimes another couple of colors are added to the RAG status.
ProjectManager.com
NOVEMBER 7, 2023
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.
Rebel’s Guide to PM
MARCH 18, 2021
Note: This article was put together before the PMBOK® Guide – 7 th edition was published so the information in it is drawn from publicly available information about what is going to be in the book. The upper levels encompass all the information covered by the lower levels. Visual data and information.
Rebel’s Guide to PM
JULY 20, 2023
Here’s the list: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. The upper levels encompass all the information covered by the lower levels. Let’s look at each of those in more detail.
Expert insights. Personalized for you.
283 
Let's personalize your content