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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. Without that knowledge, the project is running blindly, and anyone who’s tried this knows the dangers. What Is a Performance Measurement Baseline? 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

Being able to view project performance as you execute a project is vital for delivering that project on time and on budget. Project management software can help. ProjectManager is award-winning project management software that has real-time dashboards that track project scope, cost and schedule.

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A Complete Guide to PMIS

ProjectManager.com

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. It is used to support all aspects of the project from initiating through closing and can include both manual and automated systems.”.

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Closing A Project with MS Project

MPUG

Regardless, a project always will have a definitive end. The role of a project manager (PM) is not only to plan, execute, and track a project, but that of closing a project properly. MS Project actually provides a number of functionalities with which a PM can close a project.

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125 Project Management Buzzwords

The IIL Blog

Whether you’re tailoring your resume with project management skills , preparing for an interview, seeking to earn a certification , or simply seeking clarity in meetings, this list of top project management buzzwords should prove to be an invaluable tool. Feasibility Study An analysis of a project’s viability.

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Different Project Management Terms Beginners Should Know

ProProfs Project Management

The shortest time estimated to complete a specific project task or activity is known as optimistic duration. Performance Measurement Baseline. This creates a point of comparison of all the other baselines to evaluate project performance. Risk is any positive or negative event that can affect project execution.