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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. 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.

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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

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.

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

ProjectManager.com

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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Performance Reporting for Projects: A Quick Guide

ProjectManager.com

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?

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6 Tools and Techniques for Controlling Risks

Project Risk Coach

Project teams may have defined risk responses. Technical performance measurement. The technical performance measurement is a measurement of the technical accomplishments. Risk reassessments involve the following activities: Identifying new risks. Evaluating current risks. Closing risks. Risk audit.

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How to Create a Strategy Map for Your Organization

ProjectManager.com

Let’s define each of these elements that make up the strategy map Strategic Objectives Strategic objectives are represented on the strategy map by ovals in which the strategic objective is defined. Those four perspectives are represented as rows on the strategy map and are defined below.

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RAG Status in Project Management: Importance & Benefits

ProjectManager.com

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.