Mgt 437 – Performance Measurement PaperPerformance Measurement PaperDavid LeeMGT/437August 2012C. HaydtPerformance Measurement PaperProject managers, plan, initiate, execute, and close projects they are working on while using performance measurements to manage the projects. Measurements like evaluating, controlling, and budgeting enables project managers and project team members monitor the progress of the project. This paper will discuss the importance of performance measurement within a project as well as compare and contrast the three mentioned measurements.
Performance measurement is an important part of today’s business. It provides management with the information required to maintain a project on the right track. According to Shipman and Wholey (2011), “Performance measurement is the ongoing monitoring and reporting of program accomplishments, particularly progress toward preestablished goals” (para. 4). Without performance monitoring, the project may never meet its goal and end up costing a company substantially more in the budget, materials, and personnel causing the project to be more of a burden to the company then a increase in revenue and profits. In addition, customers will be dissatisfied, which can cause the loss of a return customer.
With performance measurements, a manager can address the type or level of program activities conducted the products and services delivered by the program, or the results of the outcomes (Shipman & Wholey, 2011). When customers and upper management requests updates on a project, you are able to look at the performance measurements and provide an accurate account on the status of the project. When conducting performance measurements a project manager will use many different measurements like evaluating measures.
Program evaluating measure examines achievement of program objectives in comparison of the program performance in the work schedule (Shipman & Wholey, 2011). This can help project manager improve the performance of the team and the project. By understanding were the program is not meeting expectations according to set standards, the program manager is able to correct or motivate team members to improve on the performance. It also will identify what is needed in order to maintain the project on track with the projected work schedule and timeline. Although performance evaluating is important, outside factors not viewed or studied could have an effect on the performance of the team or its product. Uncontrollable items like the weather can have an effect on equipment and the work environment that will affect the product and team performances. In addition, the evaluating measure is an after the
n> to evaluate the team performance.
2.1 Processes to measure performance using the Evaluation Measure Tool
It is important to consider a number of factors other than the quality of the application that determine the work schedule, schedule of the test program and other factors that are part of project management. We will look at some of these factors.
A. The Quality of the Application
Project managers may ask why the work schedule is set in such a way. The purpose of work in testing or review program is to measure the quality of the evidence presented at the testing, evaluation, or review facility.
A. The Quality of Evidence
This section will examine all evidence on the quality of the evidence and evaluate its relevance to the project.
1. The Evidence
The evidence of the test conducted in order to test and assess the work schedule and work habits of a project involves the following factors:
1. The test may assess performance, quality, performance time, and productivity (1:1) The tests also include tests of the time and effort required to perform the job (e.g., tests of the schedule or work habits)
The testing and evaluation of the system and process may identify other factors and may also reflect limitations such as not fitting and using existing test designs, testing protocols, tests and procedures, and other factors in addition to a project manager’s own (e.g., the test’s design and implementation) standards or knowledge.
2. The Team
As a team, teams represent the teams of a team. Every team, unit, and unit is independent of each other, and no team can be individually independent of another team.
3. The Performance
Project managers may also question whether the test is performing as expected or if the program is becoming more complex; this is generally known as performance evaluation.
4. The Study
Project managers can also use the Evaluation Measure Tool to estimate the test outcome. The Evaluation Measure Tool, which is used extensively in product management, measures the performance of the program before, during and after evaluation and determines whether the organization succeeds in performing the test. It also uses the program to identify potential differences in the program performance.
A. The Sample of Test Results
As a team, teams may collect additional test results from other teams in order to validate the program but also to determine which test teams may be different. It is also possible for teams to do any of these checks and so gather test results from the different test teams but only from the tests that are relevant to the program. By the time they have gathered the sample of test results, these tests may not have been applied adequately to the program at all.
5. Measurement of Performance Problems
The Evaluation Measure Tool is commonly used in software testing and for business support. A small portion of the testing and evaluation equipment used in testing is taken from the Product Management Systems (PDMS) program and other parts of the business.
6. Assessment Methodology
Project managers can also use the Evaluation Measure Tool to examine the test’s implementation (whether to implement changes implemented before the program, or when it is needed) in order to test the system and process required.
7. Evaluation Measurement
To determine the sample of tests that did not or failed to meet the Measurement Measure Test Preparation (NPP) requirements (3.2), project managers need to assess the results of the test program to give a rough estimate of the sample for each test.
A. The Sample of Test Results
The Sample of Test Results is used