ProjectManager.com
SEPTEMBER 8, 2022
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.
ProjectManager.com
OCTOBER 18, 2023
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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ProjectManager.com
JANUARY 31, 2024
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. Coca-Cola uses a balanced scorecard to align its sustainability goals with its overall business strategy and monitor its progress.
ProjectManager.com
MAY 14, 2024
Blue indicates that the activity has been completed and gray means there’s an information gap that prevents the status from being correctly assessed. This reporting tool helps project managers and keeps stakeholders informed on the progress of the project. Sometimes another couple of colors are added to the RAG status.
Rebel’s Guide to PM
MARCH 18, 2021
Note: This article was put together before the PMBOK® Guide – 7 th edition was published so the information in it is drawn from publicly available information about what is going to be in the book. The upper levels encompass all the information covered by the lower levels. Visual data and information.
ProjectManager.com
NOVEMBER 7, 2023
It measures how much the project is ahead, behind or on schedule. As with all these performance measurements , if the project is behind schedule then resources can be reallocated to get it back on track. Track Costs With Real-Time Dashboards Project managers need to monitor project costs at any time.
Rebel’s Guide to PM
JULY 20, 2023
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. The upper levels encompass all the information covered by the lower levels. Let’s look at each of those in more detail.
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