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. Fletcher Hearns: What can be measured?

Webinar Recap: Project Performance Measurement – Part 2: What to Measure and How to Report

MPUG

Please find below a transcription of the audio portion of Fletcher Hearn’s session, Project Performance Measurement – Part 2: What to Measure and How to Report, being provided by MPUG for the convenience of our members. This one covering, What to Measure and How to Report.

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Why project work doesn’t get completed early…

Kiron Bondale

Poorly thought out performance measures are one way: If staff are measured based on utilization , then completing work in less time means they are either going to be reprimanded or handed more work which they might not be able to complete by working a sustainable pace.

2020 289

Doing More with Less: PMO Metrics to Keep You from Drowning

Keyedin

so that’s about right) but it pretty well summarized the plight of PMOs who don’t bother to measure what’s working especially when it comes to resource management and so convince others that what’s happening is great (come on in, the water’s fine). who believes they will be saved by the way things have always been done or by not bothering to measure what’s really working. In this fable, are you the fox or the goat?

2019 60

9 Types of Artifacts in Project Management

Rebel’s Guide to PM

Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. Your PMO may define mandatory artifacts: a list of project documents that you must create for each project.

2021 394

Control partners should have skin in the game!

Kiron Bondale

For example, in some companies, project management standards are set by a centralized department such as a PMO. While some delivery roles such as program or project managers might report in to the same PMO, there are staff whose sole focus will be to define and maintain standards. Introduce performance measures and incentives for control staff which are tied to the impacts created by their work as opposed to just the completion of this work.

Does your organization truly support project management?

Kiron Bondale

Organizational project management support can be either a blocker in lower maturity companies or an accelerator to project performance in higher maturity ones. 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. Tagged: improving project management , Project performance.

2016 146

Project Status Reporting – 6 Key Considerations

Project Health Check

The entire purpose of the Start-up Phase of a Project is to produce a comprehensive Plan for the Project; consisting of an integrated Performance Measurement Baseline (Time, Cost, Scope) and an associated Project Management Plan to monitor and control it. A good place to start when considering potential sub-factors is the Performance Measurement Baseline – the triple constraint of Scope/Cost/Time; how are we performing against these?

2017 192

Agile, Waterfall and Hybrid: Managing the Multiple-Methodology Portfolio

Keyedin

Siloed project information scattered across numerous systems and geographies blocks decision-makers from insights into cost and schedule problems and cripples performance-measurement processes. If your PMO technology can’t allow you the freedom to forecast, scenario model and test-retest deployment across hybrid programs, today’s profit margins have no room for the errors that result.

2019 60

Agile, Waterfall and Hybrid: Managing the Multiple-Methodology Portfolio

Keyedin

Siloed project information scattered across numerous systems and geographies blocks decision-makers from insights into cost and schedule problems and cripples performance-measurement processes. If your PMO technology can’t allow you the freedom to forecast, scenario model and test-retest deployment across hybrid programs, today’s profit margins have no room for the errors that result.

2019 60

Next Generation Project Management Software

Rebel’s Guide to PM

Gartner’s analysts conclude that the PMO software marketplace is still emerging and they feel uncomfortable in showing the right way, pushing organisations towards the use of only one project management tool. It covered identifying requirements, interconnecting tasks, resources, planned values, actual values, baselines, performance measures, forecast techniques and timesheets. Digitalization and Collaboration.

2016 253

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

It contains all the details about the tasks a project team has to perform. . is a process of appointing or providing a team member with a responsibility to perform a task. is a state of resource allocation performed by a project manager. is initial data for your project performance measurement necessary for the start. is a process of assigning resources and analyzing the budget necessary for adequate risk management to create a cost performance baseline. .

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

It contains all the details about the tasks a project team has to perform. . is a process of appointing or providing a team member with a responsibility to perform a task. is a state of resource allocation performed by a project manager. is initial data for your project performance measurement necessary for the start. is a process of assigning resources and analyzing the budget necessary for adequate risk management to create a cost performance baseline. .

The Complete Glossary of 614 Project Management Terms

Workamajig

Each 'activity' is the smallest unit of work that can be performed within the scope of the project. Actual Cost of Work Performed: The total cost of work performed during any given period of time. This is the schedule against which project progress is measured.

2021 78

Complete Collection of Project Management Statistics 2015

Wrike

80% of “high-performing” projects are led by a certified project manager. [4]. 89% of high-performing organizations value project management, 81% actively engage sponsors, 57% align projects with business strategy. [6]. More than 90% of organizations perform some type of project postmortem or closeout retrospective. [9]. How Project Success is Measured: 20% — Satisfied stakeholders. Top 5 PPM Functions: Portfolio tracking & performance monitoring – 75%.

2015 49