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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. 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.

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Cost Performance Index (CPI) In Project Management

ProjectManager.com

Projects cost money. But what’s harder to discern is if the project is worth the investment. The last thing stakeholders want is to discover the project isn’t financially effective. That’s where the cost performance index comes in. It can also help to make your budgeted resources more cost-effective.

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Project Performance Reporting: Key Performance Reports

ProjectManager.com

The overall measurement of project performance metrics will look at the objectives and requirements of scope, cost and schedule or the project management triangle. This is done during the execution phase and the monitoring and controlling phase of the project, two project management phases that overlap.

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What is the Management Reserve for Project Budgets?

Project Risk Coach

Have you ever run out of money for a project? Let's explore management reserves for projects, who controls them, and how to estimate the reserves. The project manager adds the management reserve to the cost baseline resulting in the total project budget. Unforeseen risks knock at your door.

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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.

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A Complete Guide to PMIS

ProjectManager.com

That’s what PMIS comes in, which is an acronym for project management information system. A PMIS enables an organized and controlled flow of information, so nothing is siphoned off or misplaced. A project management information system (PMIS) is how information needed to run a project is organized. What Is PMIS?

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125 Project Management Buzzwords

The IIL Blog

hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. Change Control A formal process of documenting, reviewing, approving, and managing a change to a project’s scope, schedule, budget, or quality parameters. Feasibility Study An analysis of a project’s viability.