Defining Monitoring Performance Measurement 
ProjectManager.com
SEPTEMBER 8, 2022
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.
ProjectManager.com
JANUARY 31, 2024
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. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth.
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Rebel’s Guide to PM
MARCH 18, 2021
In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. What is an artifact? An artifact is something you create. Visual data and information.
ProjectManager.com
APRIL 14, 2022
A quality management plan is the first step to defining and codifying the steps necessary to achieve the quality expectations of the project. Next, you’ll want to develop performance measure thresholds in order to make sure everyone is in agreement that the quality objectives have been met. Monitor Quality in Real Time.
ProjectManager.com
NOVEMBER 11, 2021
For a successful project, you need an overall picture of your work performance information (WPI). Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. What Is Performance Reporting? Key performance indicators (KPI).
ProjectManager.com
NOVEMBER 7, 2023
Now, we’re ready to find out the cost performance index by dividing the earned value, which is 500, by the actual cost which is 500. That gives us a cost performance index of one. As defined earlier, the cost performance index will determine if you’re on the right track budget-wise. What Does the CPI Result Mean?
ProjectManager.com
MAY 14, 2024
Then we’ll define RAG status tolerance and go into the various project professionals who use RAG status when evaluating a project. When using RAG status, it’s first important to know how to define each color so you can use it to track your projects. You need a way to quickly and expertly evaluate whether project goals are being met.
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