Project performance measurement

Success Problem

What is the best method for project performance measurement?

Impact

Project performance measurement is a comparison of real project progress with the baseline for purpose of determining the variance of the real performance and prognosing its future development.

Recommendation

The project performance is often described by the means of key performance indicators from the earned value method: spending variance, schedule variance and cost variance. The performance is in this understanding the synonym of the effectiveness in narrower sense. The project performance is also an element from the project management professional competence.

Category

• Result orientation