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What Are Value Based Metrics For Project Management?

The Strategic Project Manager

The primary objective of project initiatives is the produce Value. However, many of our models for thinking are based on Cost. This post explores how Cost and Value are related – and how they are unrelated. This is not about Planned Value, Earned Value, and Actual Cost! What Is Cost-based Thinking?

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

Coming up with long-term goals for a business or organization is just the beginning of a five-year project. If you’re not familiar with a balanced scorecard, we’ll define the term and show the four perspectives it tracks as well as explain what should be included in a balanced scorecard. What Is a Balanced Scorecard?

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How Project ERP Can Benefit Your Project-Based Organization

ProjectManager.com

Resources, such as people, materials and equipment, are needed to deliver projects. Being able to plan, manage and track those resources to meet the needs of a business is called project ERP or enterprise resource planning (ERP) project management. What Is a Project ERP?

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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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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. We’ll discuss what the cost performance index does and how it does it below. What Is the Cost Performance Index (CPI)?

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. These organizational process assets are critical to a project’s success and its operations. To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance.

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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban? What Is Scrum?

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