article thumbnail

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.

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Quality Management Plan in Project Management

ProjectManager.com

If you deliver on time and under budget, but the quality doesn’t meet your stakeholders’ expectations, the project is not a success. Customers expect consistency, and by having a plan in place to maintain a quality production for whatever product or service you’re manufacturing, you can consistently meet their quality expectations.

Planning 332
article thumbnail

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.

article thumbnail

The Functions of a Project Management Office

Project Pulse Journal

By: Hajime Estanislao, PMP, CSM Are there projects missing deadlines, going over budget, or failing to meet expectations within your organization? This project office is important for organizations managing multiple projects simultaneously as it helps to ensure their completion on time, within budget, and within the scope required.

PMO 52
article thumbnail

Earned Value Management (EVM) in Agile Development

MPUG

A product manager, who works for a large aircraft manufacturing organization in the United States, follows a hybrid model of development and, with his team, releases a new version of aircraft handling software every couple of weeks. In EVM terminology, baseline is further defined as the performance measurement baseline (PMB).

article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Project Performance Management. Building a Credible Performance Measurement Baseline - without a good foundation, nothing can be built. Risk Management (#RM).