And the fifth step is to conduct a post-mortem, the project manager must really focus on

this step because this is the crucial step in closing a project. One of the most important stages of

the undertaking conclusion measure. This is a chance to audit the triumphs, disappointments, and

difficulties of the project and recognize openings for development going ahead.

Performance Measurement

 What is Strategic Performance Measurement?

It is an approach that makes an organization's strategic goals more transparent to line

executives and provides an ongoing mechanism to monitor progress toward these goals

through simple and intuitive performance measures.

WHY? WHY? WHY??

 Why do companies need to measure their performance?

- To evaluate the progress of their performance

- Inherent powers • Eminent domain – the power of the state to take private property for

public use upon paying to the owner a just compensation. • Police power – the power of

the state to enact such laws in relation to persons and properties as may promote public

health, public morals, public safety, and the general welfare of the people. • Taxation

- 15. Distinctions Eminent domain Police power Taxation Regulates Property Liberty and

property Property Exercised by Public companies Government Government Property

taken Public use Destroyed Public use Compensation Concrete, full and fair equivalent

Intangible Concrete, full and fair equivalent Limit Market value Cost of license No limit
 And the second to the last step is to archive the documentation,  whenever the project

manager finishes the task after, he can settle all documentation (contracts, project plans, scope

diagram, costs, plan, and so forth) and file them in the organization files for later reference.

Reward Power - Complies due to desire for positive benefits

Legitimate Power - From the formal authority to control and use organizational resources

PERSONAL BASES OF POWER

Stems from an individual's unique characteristics: