ProjectManager.com
OCTOBER 18, 2023
Download Word File Resource Resources are another performance measurement. In project performance, you’ll want to keep an eye on five key performance indicators (KPIs): utilization rate, billable vs. non-billable hours, schedule variance, scheduled vs. actual hours worked and revenue per resource.
Rebel’s Guide to PM
MARCH 18, 2021
The article will be updated in due course. Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. But what if you don’t use PMI methods? Documents are documents. We create baselines throughout the project. They represent approved versions of whatever plan they relate to.
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ProjectManager.com
APRIL 24, 2019
While managing a project it is easy to become myopic and focus solely on success as measured by the project. But, of course, there are other factors at play even at the project level, from stakeholders to end users to the choice of project management software. All these factors are counted and calculated into corporate governance.
ProjectManager.com
DECEMBER 24, 2019
Of course, surprises will always come into play during any project, so manage these as early as you can. Additionally, you can use this as a great tool to review the time it took to complete each task against critical path data, and see how your team members’ performances measure up.
Project Risk Coach
MARCH 2, 2021
Why Reserves are Needed During the course of a project, you and your project team identify risks which are referred to as known/unknown risks. You can – assuming that your organization supports the concept of reserves – create a management reserve. Let's dig a little deeper. "If If anything can go wrong, it will." Murphy's Law.
ProjectManager.com
NOVEMBER 7, 2023
As we’ve seen, it’s a vital formula for measuring the costs spent on a project as compared to those that were planned over a specific time period. Its main importance in project management is that it measures the financial effectiveness and efficiency of the project. It measures how much the project is ahead, behind or on schedule.
ProjectManager.com
MAY 14, 2024
The project manager will have to prove this to stakeholders, of course, by showing them reports and other evidence that the initiatives are going as planned. That means the project is meeting budget targets, is on track to deliver as scheduled and there aren’t issues that need to be resolved. Any issues mean there’s an amber status.
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