Analysis & Design

How can a project manager be sure that he
or she has chosen the correct metrics to assess project performance? I need a few examples please.

  1. 👍
  2. 👎
  3. 👁
  1. The focus ought to be on cost, schedule, and quality performance. In my experience, cost follows schedule. So if the focus is on getting the job done right, on time, cost will fall in line.

    Schedule is best served by monitoring task completion on a critical path or PERT analysis at task level. Getting requisite supplies in on time is managed following the same PERT analysis. Performance to quality standary is again monitoring task level by QA (indpendent of workers) on the PERT task level.

    I have also used GAANT, but for complex tasks, PERT analysis is very valuable.

    1. 👍
    2. 👎
    👤
    bobpursley

Respond to this Question

First Name

Your Response

Similar Questions

  1. math

    A group of 5 students is to be chosen from a class of 20 students to work on a term project. How many different groups of students can be chosen from the class?

  2. math

    A poll is given, showing 70% are in favor of a new building project. If 7 people are chosen at random, what is the probability that exactly 5 of them favor the new building project?

  3. AlgebraII( Probability)

    1)a number less than 35 is chosen. 2)A prime number is chosen. 3) A multiple of 4 is chosen. 4)A perfect cube is chosen. Please help me.

  4. Economics

    Determine which of two investment projects a manager should choose if the discount rate of the firm is 20%. The first project promises a profit of $100,000 in each of the next four years, while the second project promises a profit

  1. ELA

    Using Sources Quick Check help The scope of a project refers to(1 point) how you write your research question. the size of the research project. the answer to your research question. an effective source for the project. When would

  2. Career

    Ben’s job responsibilities include ordering in supplies, tracking inventory, managing waitstaff, and greeting guests. What does Ben do? A) warehouse manager B)restaurant manager C)hotel manager D)shipping company manager Is it

  3. Math

    The names of the students in Mr. Hayes' math class are written on the board. Mr. Hayes writes each name on an index card and shuffles the cards. Each day he randomly draws a card and the chosen student explains a math problem at

  4. college algebra

    You apply for a job selling diet marshmallows because an ad says that the average company employee earns $50,000 a year. Later you discover that the company has a president, a sales manager, and 30 salespeople; you also learn that

  1. Math

    Three friends were working on a project. Cindy completed 4/8 of the project. Kim completed 3/8 of the project. Sandy completed 1/8 of the project. How much of the project did they complete all together

  2. Investing ( pease help)

    Maxwell Feed & Seed is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC (and even negative), in which case it will be rejected.

  3. Project management

    can you please show an example of advertisement for project manager over construction of a dam.

  4. English

    Thank you Ms. Sue for your invauable help! Here is the second part of the letter I need to hand in by tomorrow. As writeacher is not there, could you please help me check it? Many thanks in advance. This two-year project will be

You can view more similar questions or ask a new question.