Project managers often wonder if they are measuring the right things on a project. It’s difficult to know how much time to spend evaluating past performance and how much time to spend on keeping the work moving forward. Of course there are many indicators of project success, but what do you need to be measuring while the project is in motion? At various points during the project you want to evaluate five points: schedule, quality, cost, stakeholder satisfaction and performance against the business case . You should be doing this informally anyway. A formal project evaluation is of use during the end of a phase or stage as it can give you a clear indication of how the project is performing against the original estimates. This information can then be used to grant (or withhold) approval from moving on with the next chunk of work. Let’s look at the five items you should be evaluating. 1. Schedule Project management success is often determined by whether or not you kept to
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