Processing Project Performance

Projects are carefully planned endeavors that involve one or more individuals engaging in tasks that are designed to accomplish particular aims or goals. Most organizations engage in projects in one form or another. For example, an organization may wish to redesign its website. Often, this becomes a project with specific tasks designed to ensure that the website is redesigned and deployed on time and within a specific budget. Being carefully planned, projects have an array of metrics and KPIs that project managers find critical to their role: keeping project expenses within specified budgets and reaching the goals of the project within specified timelines. This chapter is all about how to calculate many of these key metrics and KPIs. By calculating and tracking these project metrics and KPIs, project managers can identify projects at risk of exceeding...