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Webinar Recap: Project Performance Measurement – Part 1: Overview Of Project Performance Measurements

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 1: Overview Of Project Performance Measurements, being provided by MPUG for the convenience of our members. Kyle: Hello, and welcome to part one of MPUGs Project Performance Measurement course.

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Control partners should have skin in the game!

Kiron Bondale

But as the size of the organization increases and stakes get higher, control partners emerge to influence not only what but how production occurs. For example, in some companies, project management standards are set by a centralized department such as a PMO.

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Does your organization truly support project management?

Kiron Bondale

Effectively supporting project management doesn’t just mean setting up a PMO and expecting that it will be able to work miracles as the report indicates that 68% of organizations have a PMO. Objectives and performance measures for these staff should include a healthy balance between operational and project success metrics.

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125 Project Management Buzzwords

The IIL Blog

Earned Value Management (EVM) A systematic approach to project performance measurement assessing schedule and cost performance. Project Management Office (PMO) An organization’s centralized office or department that oversees and supports all organizational project management efforts.

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PROJECT MANAGEMENT BENCHMARKING, an excellence enabling instrument

International Institute for Learning

Benchmarking is an excellent method to capture external best practices, possibly by using the project management office (PMO) or other internal organizations as the lead for external benchmarking activities. Therefore, it will be necessary to benchmark the metrics use as part of performance measurement.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

These systems act as the connective tissue that ensures every project, stakeholders, the project management office (PMO), and core functions of the organization's undertaking are aligned with the organization's overarching strategic goals.

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a state of resource allocation performed by a project manager. is an external factor or event capable of influencing the project’s success. . is initial data for your project performance measurement necessary for the start. Cost Performance Index/Indicator (CPI) . Cost Performance Measurements .