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How to Create a Performance Measurement Baseline for Your Projects

ProjectManager.com

Projects are planned and then life happens. Ideally, project managers know better than to execute their project plans without a performance measurement baseline. Without that knowledge, the project is running blindly, and anyone who’s tried this knows the dangers. Learn more.

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Cost Performance Index (CPI) In Project Management

ProjectManager.com

Projects cost money. But what’s harder to discern is if the project is worth the investment. The last thing stakeholders want is to discover the project isn’t financially effective. That’s where the cost performance index comes in. It can also help to make your budgeted resources more cost-effective.

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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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What is the Management Reserve for Project Budgets?

Project Risk Coach

Consequently, the project manager cannot access or adjust the management reserve without approval from the sponsor. An amount of the project budget or project schedule held outside of the performance measurement baseline for management control purposes, that is reserved for unforeseen work that is within scope of the project.

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A Complete Guide to PMIS

ProjectManager.com

A project management information system (PMIS) is how information needed to run a project is organized. It collects and uses project information through one or more software applications. What these programs do is help project managers to plan, execute and close their project.

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125 Project Management Buzzwords

The IIL Blog

Backlog A list of tasks, features, or requirements to be addressed by an agile project manager or team and is often associated with Agile methodologies. Baseline An original plan for measuring performance and tracking changes. identify items such as benefits and costs). process, policy, practices, perceptions, etc.)

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Closing A Project with MS Project

MPUG

It’s also possible that a project can be specifically chartered within a portfolio, or a greenfield project can be launched independently by an organization. Regardless, a project always will have a definitive end. It’s possible that during a project life cycle, some planned activities are never executed.

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