Remove Analysis Remove Budget Remove Performance Measurement
article thumbnail

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. 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.

article thumbnail

9 Types of Artifacts in Project Management

Rebel’s Guide to PM

Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. We create baselines throughout the project. They represent approved versions of whatever plan they relate to. Baselines will be created and updated as the project progresses and as major changes happen. Visual data and information.

Logistics 511
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Project Performance Reporting: Key Performance Reports

ProjectManager.com

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. But what exactly is project performance? Cost Cost is the filter by which you see the financial performance of a project.

article thumbnail

6 Tools and Techniques for Controlling Risks

Project Risk Coach

Variance and trend analysis. Technical performance measurement. The technical performance measurement is a measurement of the technical accomplishments. Reserve analysis. During the cost planning, the contingency and management reserves are added to the project budget as needed.

article thumbnail

A Complete Guide to PMIS

ProjectManager.com

Budget: Associate cost with individual tasks for more accurate budget estimation and generation. Control and Performance: Analyze and control cost and performance, updating existing plans as actual against planned data changes, provide what-if scenarios for the project manager. PMIS Throughout the Project Life Cycle.

article thumbnail

6 Tools and Techniques for Controlling Risks

Project Risk Coach

Variance and trend analysis As with many control processes, we now look for variances between the schedule and cost baselines and the actual results. Technical performance measurement Imagine that you are working on a software development project and that the functional requirements have been developed.

article thumbnail

Project Artifacts and How to Use Them

Rebel’s Guide to PM

Here are some examples: Budget baseline Milestone schedule Scope baseline Performance measurement baseline. Baselines We create baselines throughout the project. They represent approved versions of whatever plan they relate to. The point of having visual data sources is that they make it easier to understand the information.

Logistics 261