Scribd Logo
Upload

Welcome to Scribd!

  • What Is Performance Management

    Uploaded by

    sohail2006
    13 views1 page
    Performance management is a process that integrates planning, managing, and controlling a project's performance in terms of cost, schedule, and technical performance. It establishes a performance baseline and measures progress using earned value, which allows variances to be identified and corrective actions taken to better manage projects on time and on budget. Earned Value Management integrates work scope, schedule, and budget resources using guidelines rather than a specific system, enabling effective project management control.

    Original Description:

    performance

    Original Title

    What is Performance Management

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Performance management is a process that integrates planning, managing, and controlling a project's performance in terms of cost, schedule, and technical performance. It establishes a performance baseline and measures progress using earned value, which allows variances to be identified and corrective actions taken to better manage projects on time and on budget. Earned Value Management integrates work scope, schedule, and budget resources using guidelines rather than a specific system, enabling effective project management control.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views1 page

    What Is Performance Management

    Uploaded by

    sohail2006
    Performance management is a process that integrates planning, managing, and controlling a project's performance in terms of cost, schedule, and technical performance. It establishes a performance baseline and measures progress using earned value, which allows variances to be identified and corrective actions taken to better manage projects on time and on budget. Earned Value Management integrates work scope, schedule, and budget resources using guidelines rather than a specific system, enabling effective project management control.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    What is Performance Management?

    Performance management is the integrating process of planning, managing and controlling project performance. Measures of progress should be articulated in terms of cost, schedule and technical performance. It includes, but is not limited to, techniques and metrics for expressing and evaluating progress within the three (cost, schedule and technical) baselines of a project.

    Earned Value Management


    Earned Value Management Systems = integrated project management It is the management tool that integrates work scope with schedule and budget resources A performance management baseline is established Work progress is measured as "earned value" - a yardstick Schedule and cost variances are isolated and reported to the project manager for corrective action Allows projects to be managed better - on time, on budget EVMS is not a specific system or tool set, but rather, a set of guidelines that guide a companys management control system Visit the Department of Defense Earned Value Management Website to see a basic example of Earned Value Management EVMS best business practices are documented in ANSI/EIA Std 748-98

    Download the latest version of the EVM gold card, a simple guide to basic EVM formulas:EVM Gold Card passport (PDF)

    You might also like