How can a project manager be sure that he or she has chosen the correct metrics to assess project performances? Give three examples?
It is quite essential that a project manager chooses the correct metrics in order to assess the performance of a project. There are many metrics through which the project manager can analyze and evaluate the performance of a project. Metrics bring uniformity and regulation to the process of project management.
With metrics, several important project decisions would be made on a knowledgeable basis. Metrics bring neutrality to tools by which the development of projects and advancement of the organization are monitored with considerable consistency, and precision. In my opinion in order for a project manager to be sure that he or she has chosen the correct metrics he has to strike a balance between the organizational culture and the best practices of project management (Allpm.com, 2005).
While taking into account three examples, I would like to take into consideration, the ...
This explains the criteria that a project manager should take into considering while making sure he/she has chosen the correct metrics for assessing the performance of a project.