Wk 4 – Apply: Summative Assessment: KPI Report
Project managers need to know how to measure and evaluate their projects so they can manage the project to the best of their ability. This is typically done by creating key performance indicators (KPIs), which are used to monitor project status, success, or failure. KPIs are used to get buy-in from stakeholders. Buy-in is an agreement to ensure everyone understands how the project will be executed and measured. The KPIs are typically presented as a report or presentation to the stakeholders, depending on your organization.
As the new project manager for the Crosby project, you need to
review the
Crosby Manufacturing Corporation
case,
develop KPIs, and
write a report that will be reviewed at the next project status meeting. For your report you must:
· Identify 4 KPIs to monitor the project and how they align with your monitoring strategy.
Note: Refer to Kerzner Section 15.3 regarding metrics. You may also find it useful to review your assessments in PM/570 that referenced metrics.
· Recommend techniques and tools for measuring and monitoring the KPIs.
· Identify other artifacts or resources within the Crosby project that would assist with accurately monitoring project progression.
· Recommend other resources that can improve your project management monitoring accuracy.
As a reference, a report of this type is typically 2 to 3 pages long with appropriate section headers.
Cite your sources according to APA guidelines.
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