Chapter 12
Measuring Progress
When a project manager set a measuring schedule for performance that will help him/her to follow up the progress of work packages. Each package has start and finish dates. The smaller the packages, the more progress points can be referring to, and therefore the more accurate the schedule progress will be. A project manager should always be suspicious of work package status that is reported in detailed increments. The size of work packages plays big role in calculating cost and schedule variance accurately. The larger the project, the more difficult it is to understand all the parts and to stay on top of cost and schedule variance. In large project, project manger, should breakdown the project into small packages, therefore its management and control will be easy. Following each package closely, that will make the project manger job easy and the work can be smoothly mange and cost can be under control.
Project manager should use the 0-50-100 rule for recording schedule completion of tasks.
Work breakdown structure is critical: making earned value work, each task on the work breakdown structure should meet these criteria:
Defined start and finish dates: by defining the start and finish dates, project manger should pay close attention to the budget and the time of the package process.
The task must produce a tangible outcome: each task in the project should have a start and finish time and what to produce. Tangible outcome encourages project manager and the team management and whoever works in this project.
Costs must be assigned to the task: each task should have a defined budget and time to finish. Most projects meet some difficulty on keep up with the budget. When comparing a plan budget and a real cost of any task, you will find out that most of task affected by a hidden cost.
Chapter 13
Enterprise Project Management
Any project has a unique situation during its process, but there are five project success factors generally participate in project success. One of these factors is agreement among the project team, customer, and management on the goals of the project. When all parties of the project are agree on the project and its future product, then that will help the project manager to control homogeneous teams. A clear plan also is one of the factors that affect the project success. Good communication between all parties of project has a positive effect on a project success. A controlled scope also has a positive effect on any project success. A management support is one of any project success.
There are eight common capabilities of enterprise project management technology. Technology helps in project management process from the beginning of the project. Technology help in work breakdown structure and resource leveled project schedule. Technology helps in team communication and collaboration. Using technology project manager can organize project documentation, tracking issues and risks, reporting individual progress, internet and network technology help all teams to communicate and share documents and information. Technology enables project manager to see accurate summary status for any project process. Technology also help project manger to know the updating cost analysis, such as recording time labor spent on a project.
Project team needs a broad skill set on technology to perform all technology management while they are working in a project. Users of EPM will be project manager, team members and functional managers or resource manger. Project’s sponsor should acquire EPM technology knowledge to help him/her in performing and communicating with the others parties. Each project is different in nature and its product. Project management has solution, but not to all projects. Project manager should treat each project in a way that is appropriate to its projects.
Measuring Progress
When a project manager set a measuring schedule for performance that will help him/her to follow up the progress of work packages. Each package has start and finish dates. The smaller the packages, the more progress points can be referring to, and therefore the more accurate the schedule progress will be. A project manager should always be suspicious of work package status that is reported in detailed increments. The size of work packages plays big role in calculating cost and schedule variance accurately. The larger the project, the more difficult it is to understand all the parts and to stay on top of cost and schedule variance. In large project, project manger, should breakdown the project into small packages, therefore its management and control will be easy. Following each package closely, that will make the project manger job easy and the work can be smoothly mange and cost can be under control.
Project manager should use the 0-50-100 rule for recording schedule completion of tasks.
Work breakdown structure is critical: making earned value work, each task on the work breakdown structure should meet these criteria:
Defined start and finish dates: by defining the start and finish dates, project manger should pay close attention to the budget and the time of the package process.
The task must produce a tangible outcome: each task in the project should have a start and finish time and what to produce. Tangible outcome encourages project manager and the team management and whoever works in this project.
Costs must be assigned to the task: each task should have a defined budget and time to finish. Most projects meet some difficulty on keep up with the budget. When comparing a plan budget and a real cost of any task, you will find out that most of task affected by a hidden cost.
Chapter 13
Enterprise Project Management
Any project has a unique situation during its process, but there are five project success factors generally participate in project success. One of these factors is agreement among the project team, customer, and management on the goals of the project. When all parties of the project are agree on the project and its future product, then that will help the project manager to control homogeneous teams. A clear plan also is one of the factors that affect the project success. Good communication between all parties of project has a positive effect on a project success. A controlled scope also has a positive effect on any project success. A management support is one of any project success.
There are eight common capabilities of enterprise project management technology. Technology helps in project management process from the beginning of the project. Technology help in work breakdown structure and resource leveled project schedule. Technology helps in team communication and collaboration. Using technology project manager can organize project documentation, tracking issues and risks, reporting individual progress, internet and network technology help all teams to communicate and share documents and information. Technology enables project manager to see accurate summary status for any project process. Technology also help project manger to know the updating cost analysis, such as recording time labor spent on a project.
Project team needs a broad skill set on technology to perform all technology management while they are working in a project. Users of EPM will be project manager, team members and functional managers or resource manger. Project’s sponsor should acquire EPM technology knowledge to help him/her in performing and communicating with the others parties. Each project is different in nature and its product. Project management has solution, but not to all projects. Project manager should treat each project in a way that is appropriate to its projects.