Remove Defining Remove Monitoring Remove Performance Measurement Remove Trends
article thumbnail

Performance Reporting for Projects: A Quick Guide

ProjectManager.com

For a successful project, you need an overall picture of your work performance information (WPI). Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. What Is Performance Reporting? Key performance indicators (KPI).

article thumbnail

6 Tools and Techniques for Controlling Risks

Project Risk Coach

PMBOK 6th Edition The PMBOK 6th Edition changed the process name of "Control Risks" to "Monitor Risks." Monitor Risks is the process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project."

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Key Steps to Successful Project Management

Entry

To simplify things, here are five steps critical to the successful management of a project: Step 1: Initiate the Project by Defining the Scope. Define the criteria for how the project success will be defined. Define how to address risks should they arise. Managing your first project can be daunting. What is the end goal?

article thumbnail

Value Innovation Strategy For Strategic Project Managers

The Strategic Project Manager

It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy. This post dives into the profitable concept and practice of Value Innovation. What Is a Value Innovation Strategy?

article thumbnail

Utilizing Employee Performance Metrics for Business Growth

Wrike

These metrics provide valuable data that can be used to track progress, identify areas for improvement, and recognize top performers. By monitoring and analyzing these metrics, businesses can gain valuable insights into the factors influencing their performance, identify trends, and make data-driven decisions.

article thumbnail

Navigating Service Commitments: Unpacking Service Level Agreements

Wrike

They serve as a benchmark for measuring service performance and are crucial in managing customer expectations. This can include things such as regular meetings, performance reports, and performance improvement plans. They are defined in Service Level Agreements (SLAs) and directly impact customer satisfaction.

article thumbnail

Crafting an Effective Operational Excellence Strategy for Business Growth

Wrike

The following steps can guide organizations in crafting an effective strategy: Setting Clear Objectives Define clear objectives for your operational excellence strategy. Identifying Key Performance Indicators Next, identify key performance indicators (KPIs) that will help measure progress towards achieving the defined objectives.