Measuring Project Success

Measuring Project Success
Author: Mark Freeman
Publisher:
Total Pages: 10
Release: 1992
Genre: Project Performance--Measurement
ISBN:

Measuring the success of a project can be difficult in that success means something different to each person involved in the project. In an effort to determine measures of performance to define success, a method of measuring success objectively was developed. A literature search revealed seven common criteria were used to measure success: technical performance, efficiency of project execution, managerial and organizational implications, personal growth, project termination, technical innovativeness, and manufacturability and business performance. Limited to the viewpoints of the sponsor and the project manager, and consistent with the discounted cash flow (DCF) principles, a common focus was found in financial factors for evaluating success of a business venture.

Project Management Metrics, KPIs, and Dashboards

Project Management Metrics, KPIs, and Dashboards
Author: Harold Kerzner
Publisher: John Wiley & Sons
Total Pages: 544
Release: 2017-08-30
Genre: Technology & Engineering
ISBN: 1119427320

Harold Kerzner’s essential strategies on measuring project management performance With the growth of complex projects, stakeholder involvement, and advancements in visual-based technology, metrics and KPIs (key performance indicators) are key factors in evaluating project performance. Dashboard reporting systems provide accessible project performance data, and sharing this vital data in a concise and consistent manner is a key communication responsibility of all project managers. This third edition of Kerzner's groundbreaking work, Project Management Metrics, KPIs, and Dashboards: A Guide to Measuring and Monitoring Project Performance, helps functional managers gain a thorough grasp of what metrics and KPIs are and how to use them. Plus, this edition includes new sections on processing dashboard information, portfolio management PMO and metrics, and BI tool flexibility. • Offers comprehensive coverage of the different dashboard types, design issues, and applications Provides full-color dashboards from some of the most successful project management companies, including IBM, Microsoft, and others Aligns with PMI’s PMBOK® Guide and stresses value-driven project management PPT decks are available by chapter and a test bank will be available for use in seminar presentations and courses Get ready to bolster your awareness of what good metrics management really entails today—and be armed with the knowledge to measure performance more effectively.

Measuring Performance and Benchmarking Project Management at the Department of Energy

Measuring Performance and Benchmarking Project Management at the Department of Energy
Author: National Research Council
Publisher: National Academies Press
Total Pages: 52
Release: 2005-08-01
Genre: Transportation
ISBN: 0309181763

In 1997, Congress, in the conference report, H.R. 105-271, to the FY1998 Energy and Water Development Appropriation Bill, directed the National Research Council (NRC) to carry out a series of assessments of project management at the Department of Energy (DOE). The final report in that series noted that DOE lacked an objective set of measures for assessing project management quality. The department set up a committee to develop performance measures and benchmarking procedures and asked the NRC for assistance in this effort. This report presents information and guidance for use as a first step toward development of a viable methodology to suit DOE's needs. It provides a number of possible performance measures, an analysis of the benchmarking process, and a description ways to implement the measures and benchmarking process.

Generalized Structured Component Analysis

Generalized Structured Component Analysis
Author: Heungsun Hwang
Publisher: CRC Press
Total Pages: 346
Release: 2014-12-11
Genre: Mathematics
ISBN: 146659294X

Developed by the authors, generalized structured component analysis is an alternative to two longstanding approaches to structural equation modeling: covariance structure analysis and partial least squares path modeling. Generalized structured component analysis allows researchers to evaluate the adequacy of a model as a whole, compare a model to alternative specifications, and conduct complex analyses in a straightforward manner. Generalized Structured Component Analysis: A Component-Based Approach to Structural Equation Modeling provides a detailed account of this novel statistical methodology and its various extensions. The authors present the theoretical underpinnings of generalized structured component analysis and demonstrate how it can be applied to various empirical examples. The book enables quantitative methodologists, applied researchers, and practitioners to grasp the basic concepts behind this new approach and apply it to their own research. The book emphasizes conceptual discussions throughout while relegating more technical intricacies to the chapter appendices. Most chapters compare generalized structured component analysis to partial least squares path modeling to show how the two component-based approaches differ when addressing an identical issue. The authors also offer a free, online software program (GeSCA) and an Excel-based software program (XLSTAT) for implementing the basic features of generalized structured component analysis.

Project Success : Definitions and Measurement Techniques

Project Success : Definitions and Measurement Techniques
Author: Jeffrey K. Pinto
Publisher:
Total Pages: 6
Release: 1988
Genre: Project Success--Measurement
ISBN:

The concept of project success is a topic often discussed researchers and practitioners, yet rarely do these professionals agree on the factors that distinguish a successful project from a failed endeavor. This article examines a systematic approach to gauging project success, one that proposes a more generalized and more widely accessible system of measuring success. It identifies the major characteristics shared by all projects and discusses the criteria that practitioners and researchers have traditionally used to gauge project success. It then discusses the factors used for measuring successful project implementation--technical validity, organizational validity, organizational effectiveness-- and the impact that these factors have on determining a project's success. It also examines the factors affecting project success in relation to projects (the internal measures of time, cost, performance) and clients (the external measures of use, satisfaction, effectiveness) and describes the challenges in assessing project success over time, over the course of the project's post-delivery life cycle. It additionally discusses measuring project success in relation to a measurement framework called Project Implementation Profile (PIP), a measure that uses the two subscales of project and client.

Managing Stakeholder Expectations for Project Success

Managing Stakeholder Expectations for Project Success
Author: Ori Schibi
Publisher: J. Ross Publishing
Total Pages: 361
Release: 2013-10-13
Genre: Business & Economics
ISBN: 1604270861

Managing Stakeholder Expectations for Project Success provides a practical approach to managing those things that matter most for project success—stakeholder expectations, communication, risk, change, and quality—so that scope, schedule, and cost end up on target and the project’s intended benefits for the organization are realized. This unique desk reference shows how to utilize the best practices, concepts, and methodologies found in PMI’s PMBOK® Guide, along with a few concepts from APMG’s PRINCE2, and leverage them in the context of organizational challenges and project realities. It features new methods for successful project management that focus on understanding and managing stakeholders’ needs and expectations, communication, time management, and organizational politics and culture. The book’s content and design also make it a valuable resource for PMP® certification. J. Ross Publishing offers an add-on at a nominal cost — Downloadable, customizable tools, presentations and templates ready for immediate implementation.

Measuring Success

Measuring Success
Author: Jack Buckley
Publisher: JHU Press
Total Pages: 341
Release: 2018
Genre: Education
ISBN: 1421424967

"Once touted as the single best way to measure students from diverse backgrounds, schools, and experiences, standardized college admissions tests are now criticized for being hopelessly biased in favor of traditionally privileged groups. Out of this has emerged the test-optional movement that seeks to allow students to apply to schools without sitting through the rigors of the SAT. This book takes a step back and applies rigorous empirical measurements to these rival claims. Drawing upon the expertise of higher education researchers, admissions officers, enrollment managers, and policy professionals, this edited volume is among the first to investigate the research and policy implications of test-optional practices. It was conceived in response to the editors' frustration with the fragmented and incomplete state of the literature around the contemporary debate on college admissions testing. Many students, teachers, parents, policymakers--frankly, nearly anyone immediately outside the testing industry and college admissions--have little understanding of how admissions tests are used. This lack of transparency has often fueled beliefs that college assessments are biased, misused, or overused. Decades of research on various aspects of testing, such as the predictive validity of assessments, makes a compelling case for their value. But all-too-frequently researchers and admissions officers talk past one another instead of engaging substantively. This collection intends to remedy the situation by bringing these disparate voices together. This book is designed for provosts, enrollment managers, and college admissions officers seeking to strike the proper balance between uniformity and fairness"--

Project Management ROI

Project Management ROI
Author: Jack J. Phillips
Publisher: John Wiley & Sons
Total Pages: 206
Release: 2011-09-20
Genre: Business & Economics
ISBN: 1118122607

Business & Economics/Project Management An exclusive portal to the methods and tools the ROI Institute uses to determine return on investment in project management To survive this modern age of financially skeptical "show me the ROI" investors, it is a crucial step for companies to develop an effective project management strategy in order to stay ahead of the curve and achieve success. Project Management ROI takes the guesswork out of determining how to monetarily value projects by teaching the time-tested Return on Investment (ROI) methodology. It presents these results-based concepts in a methodical, reproducible manner that project managers, executives, and analysts can use as a validated reference for future projects. This book focuses on an array of measures to forecast project value and collect data during and after implementation, including reaction, learning, application and implementation, impact, return on investment, and intangibles. Project Management ROI: Is the first book from the renowned ROI Institute to focus on project management ROI Provides both the tools and methodology for measuring the ROI of project management investments Will help project managers discover the value of specific project management solutions to justify project expenditures

Green Project Management

Green Project Management
Author: Richard Maltzman
Publisher: CRC Press
Total Pages: 291
Release: 2010-08-31
Genre: Business & Economics
ISBN: 1466554088

Winner of PMI's 2011 David I. Cleland Project Management Literature AwardDetailing cutting-edge green techniques and methods, this book teaches project managers how to maximize resources and get the most out of limited budgets. It supplies proven techniques and best practices in green project management, including risk and opportunity assessments.