Measure Project Performance— Report Performance

By Author: Adam Donald
Total Articles: 16
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Performance information included in performance reporting includes how resources are used to achieve project objectives. More specifically, reporting includes information on:

Scope
Schedule
Cost
Quality
Risk
Procurement

Input collected for performance reporting includes:

Work Performance Information
Performance Measurements
Forecasted Project Completion
Quality Control Measurements
Baseline Information
Requests to Expand the Project Scope
Deliverables

Approved change requests input are requested changes that might be necessary to expand or reduce project scope, or modify estimated cost or activity durations that have already been approved for implementation by the project team. Performance deliverables are unique and verifiable products, results, or capabilities to perform a service that must be produced to complete a project process or phase. PMI and PMP concepts include this typically.

Performance reporting tools & techniques.

The earned value technique (EVT) is used to measure the performance of work and to establish ...
... the performance measurement baseline. The earned value technique is also referred to as the earning rules and crediting method. Project management PMP training includes this concept.

Software packages and programs that include table reporting and graphic representations can be used to create presentation quality images of project performance data. Status review meetings are regularly scheduled events, conducted to exchange information about the project. Status review meetings are held at various intervals by different project groups, such as project team meetings, stakeholder's meetings, project management team meetings, etc. PMI and PMP credential holders are used to such meetings.

Time and cost reporting systems are used to record and provide time and cost expended for the project.

Performance reports organize and summarize collected information and present results of any analysis as compared to the performance measurement baseline. Performance reports should provide project status and project information sufficiently detailed in accordance with various stakeholder's requests, and as documented in the communications management plan. Common formats for performance reports include bar charts, S-curves, histograms, and tables. Project Management PMP Training includes these concepts.

The project performance forecast output provides information about the project's past performance that could impact the project in the future, such as the estimate at completion and the estimate to complete. Variance Analysis: This is a look back at what may have caused a difference between the baseline and actual performance. The process may vary depending on the application area, standard used and the industry, but the common steps are- Verify the information quality to make sure it is complete, consistent and credible when comparing with other project information.

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