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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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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. We create baselines throughout the project. Visual data and information.

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Cost Performance Index (CPI) In Project Management

ProjectManager.com

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. Therefore, tracking the project’s cost performance as expenses change over its life cycle is an essential part of project management. Project costs can vary.

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Project Artifacts and How to Use Them

Rebel’s Guide to PM

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Here are some examples: Budget baseline Milestone schedule Scope baseline Performance measurement baseline. Baselines We create baselines throughout the project.

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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. Key performance indicators (KPI). KPI measurement frequency.

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Best PMI-ACP Exam Prep Books

Rebel’s Guide to PM

Chapter 5 covers the agile project management model and then the rest of the book covers the process and project lifecycle in detail, with chapters on governance, scaling and performance measurement. It talks about measuring and monitoring velocity during an iteration too. Agile Estimating and Planning by Mike Cohn.

PMI 195
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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. 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.