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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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Project Performance Reporting: Key Performance Reports

ProjectManager.com

Project performance is the measurement of various project metrics to determine if the project is moving in the right direction. It allows project managers to gauge the actual performance of the project and see if that aligns with the planned performance, such as meeting schedule milestones and costs associated with the project budget.

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

ProjectManager.com

Relatively new, the balance scorecard was introduced in 1992 by David Norton and Robert Kaplan, by taking existing metric performance measures and adapting them to include nonfinancial information. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth.

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6 Tools and Techniques for Controlling Risks

Project Risk Coach

Which team do you think had the greatest chance of meeting their project objectives? Technical performance measurement. The technical performance measurement is a measurement of the technical accomplishments. For these meetings, be sure to: Distribute an agenda with a clearly stated purpose.

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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. Define Objectives: The next step is to know what you want the performance report to do.

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The Quality Management Plan in Project Management

ProjectManager.com

If you deliver on time and under budget, but the quality doesn’t meet your stakeholders’ expectations, the project is not a success. Quality, in the context of project management, is fulfilling the project requirements and meeting the customer’s needs. Perform Quality Checks.

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RAG Status in Project Management: Importance & Benefits

ProjectManager.com

As noted, red in the RAG status is an alert that KPIs aren’t meeting the project target. It’s not as dire as a red but still requires the project manager and team to investigate why the project isn’t meeting its target. What Does Red RAG Status Mean? Amber is a RAG status that says the project needs attention.