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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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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.

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The 5 Phases of Project Management Process and Techniques

NimbleWork

Project management is a multifaceted discipline that combines techniques, processes, and strategies to plan, execute, monitor, and control projects effectively. The Five Project Management Processes: 1. Initiating: This process involves defining the project and obtaining authorization to begin work.

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Project Performance Reporting: Key Performance Reports

ProjectManager.com

Keeping tabs on the performance of your project is an essential part of project management. 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.

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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

The 9 types of artifacts are: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact.

Logistics 509
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Project Artifacts and How to Use Them

Rebel’s Guide to PM

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. For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact.

Logistics 258
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Operational Efficiency: A Quick Guide

ProjectManager.com

But focusing only on money disregards the processes that contribute to profits. What is operational efficiency and how can you measure it to take advantage of its benefits? Redundant processes are eliminated as is any waste found in the processes. How to Measure Operational Efficiency. Learn more.