Remove Budget Remove Performance Measurement Remove Process Remove Project Cost
article thumbnail

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. Without that knowledge, the project is running blindly, and anyone who’s tried this knows the dangers. What Is a Performance Measurement Baseline? Learn more.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Complete Guide to PMIS

ProjectManager.com

The Project Management Book of Knowledge (PMBOK) states that a PMIS is “an information system consisting of the tools and techniques used to gather, integrate, and disseminate the outputs of project management processes. PMIS is made to support all aspects of project management and the information they monitor or collect.

article thumbnail

125 Project Management Buzzwords

The IIL Blog

Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. Burndown Chart A tool in Agile project management that tracks the work completed and the work remaining to help teams manage progress.

article thumbnail

Different Project Management Terms Beginners Should Know

ProProfs Project Management

Doing so, you get most issues resolved and meet your project deliverables – but, when it came to reporting, you were clueless as to how to go about it. You winged the entire project execution process, and now the theory of it all is taking a toll on you. . Performance Measurement Baseline. Acquisition Process.

article thumbnail

Most Important Project Management Kpis You Should Be Tracking

ProProfs Project Management

Cost Performance Index (CPI). Schedule Performance Index (SPI). Budget Variance. What Is Project KPI? key performance indicators provide performance-related insights so that you accomplish your objectives at the end without breaking a sweat. Cost Performance Index (CPI). KPIs, a.k.a.

article thumbnail

What is A System for Value Delivery in Project Management

Project Pulse Journal

Project value delivery drives to fulfill its intended purpose and deliver tangible value that is aligned with the business strategy, with support from both stakeholders and business leaders. Efficiency and effectiveness are also measures of value creation. Efficiency and effectiveness are also measures of value creation.