INTRODUCTION
Using project management as tool to achieve strategic objectives is an emerging trend. Organizations are starting to invest more in establishing and building PMOs to support, control and direct projects. In order to be able to do so, the PMO must use the proper tools to monitor and measure the progress of projects throughout the organization. In this course, trainees will have hands on experience on how to develop project metrics, KPIs and a control dashboard, in order to be able to monitor the progress in achieving the organization’s goals.
PROGRAM OBJECTIVES
- Identifying various techniques for effective measurement of project metrics and KPIs
- Developing more complex project management metrics
- Using project metrics when conducting project audits and performing project health checks
- Differentiating between project metrics and KPIs
- Developing project KPIs and applying them correctly
- Creating value-based project metrics
- Designing project dashboard
WHO SHOULD ATTEND?
- Strategic planning heads
- Project managers by profession
- Portfolio and program managers
- PMO managers
PROGRAM OUTLINE
The Driving Forces for Better Project Metrics
- Executive View of Project Management
- The OPM
- Framework versus Methodology
- Defining Project Success
- Common Project Failure Reasons
- Project Health Checks
Project Metrics
- Understanding Project Metrics
- Characteristics of Project Metrics
- Project Metrics Categories and Types
- Selecting the Right Project Metrics
- Metrics and the Project Management Office (PMO)
Project Key Performance Indicators (KPIs)
- The Need and Use for Project KPIs
- KPIs Categories
- KPIs Selection
- KPIs Measurement
- KPIs Interdependencies
- Top Project Management KPIs
Managing Project Metrics and KPIs Using MS Project
- Developing Earned Value Metrics and KPIs
- Reports versus Views
- Formatting Tables in a Report
- Formatting Charts in a Report
- Creating a Custom Report
Project Dashboards
- Dashboards and Scorecards
- Benefits of Dashboards
- Rules for Dashboards
- Dashboard Design
