Project management metrics, KPIs, and dashboards : a guide to measuring and monitoring project performance /
Harold Kerzner, Ph.D., Sr. Executive Director for Project Management The International Institute for Learning.
- Fourth Edition.
- 1 online resource (xiii, 434 pages) : illustrations (chiefly color)
Revised edition of the author's Project management metrics, KPIs, and dashboards, [2017]
Includes bibliographical references and index.
Table of Contents PREFACE ix
ABOUT THE COMPANION WEBSITE xiii
1 THE CHANGING LANDSCAPE OF PROJECT MANAGEMENT 1
CHAPTER OVERVIEW 1
1.0 INTRODUCTION 1
1.1 EXECUTIVE VIEW OF PROJECT MANAGEMENT 2
1.2 COMPLEX PROJECTS 5
1.3 GLOBAL PROJECT MANAGEMENT 12
1.4 PROJECT MANAGEMENT METHODOLOGIES AND FRAMEWORKS 14
1.5 THE NEED FOR EFFECTIVE GOVERNANCE 20
1.6 ENGAGEMENT PROJECT MANAGEMENT 20
1.7 CUSTOMER RELATIONS MANAGEMENT 22
1.8 OTHER DEVELOPMENTS IN PROJECT MANAGEMENT 23
1.9 A NEW LOOK AT DEFINING PROJECT SUCCESS 24
1.10 THE GROWTH OF PAPERLESS PROJECT MANAGEMENT 30
1.11 PROJECT MANAGEMENT MATURITY AND METRICS 31
1.12 PROJECT MANAGEMENT BENCHMARKING AND METRICS 35
1.13 CONCLUSIONS 41
2 THE DRIVING FORCES FOR BETTER METRICS 43
CHAPTER OVERVIEW 43
2.0 INTRODUCTION 43
2.1 STAKEHOLDER RELATIONS MANAGEMENT 44
2.2 PROJECT AUDITS AND THE PMO 55
2.3 INTRODUCTION TO SCOPE CREEP 56
2.4 PROJECT HEALTH CHECKS 64
2.5 MANAGING DISTRESSED PROJECTS 69
3 METRICS 83
CHAPTER OVERVIEW 83
3.0 INTRODUCTION 83
3.1 PROJECT MANAGEMENT METRICS: THE EARLY YEARS 84
3.2 PROJECT MANAGEMENT METRICS: CURRENT VIEW 87
3.3 METRICS MANAGEMENT MYTHS 88
3.4 SELLING EXECUTIVES ON A METRICS MANAGEMENT PROGRAM 89
3.5 UNDERSTANDING METRICS 91
3.6 CAUSES FOR LACK OF SUPPORT FOR METRICS MANAGEMENT 95
3.7 USING METRICS IN EMPLOYEE PERFORMANCE REVIEWS 96
7.1 DASHBOARDS IN ACTION: DUNDAS DATA VISUALIZATION 376
7.2 DASHBOARDS IN ACTION: PIE 376
7.3 PIE OVERVIEW 388
7.4 DASHBOARDS IN ACTION: INTERNATIONAL INSTITUTE FOR LEARNING 403
8 THE PORTFOLIO MANAGEMENT PMO AND METRICS 407
CHAPTER OVERVIEW 407
8.0 INTRODUCTION 407
8.1 CRITICAL QUESTIONS 408
8.2 VALUE CATEGORIES 408
8.3 PORTFOLIO METRICS 410
8.4 MEASUREMENT TECHNIQUES AND METRICS 411
8.5 THE GROWTH OF PORTFOLIO METRICS 413
8.6 METRICS FOR MEASURING INTANGIBLES 415
8.7 THE NEED FOR STRATEGIC METRICS 418
8.8 CRISIS DASHBOARDS 421
INDEX 425
"For more than 50 years, project management has been in use but perhaps not on a worldwide basis. What differentiated companies in the early years was whether they used project management or not, not how well they used it. Today, almost every company uses project management, and the differentiation is whether they are simply good at project management or whether they truly excel at project management. The difference between using project management and being good at it is relatively small, and most companies can become good at project management in a relatively short time, especially if they have executive-level support. A well-organized project management office (PMO) can also accelerate the maturation process. The difference, however, between being good and excelling at project management is quite large. One of the critical differences is that excellence in project management on a continuous basis requires more metrics than just time and cost. The success of a project cannot be determined just from the time and cost metrics, yet many companies persist in the belief that this is possible. The growth of project management applications to nontraditional projects such as those involving strategic issues, innovation, and long-term business investment opportunities have forced companies to rethink how project management can be better utilized. Companies have come to the realization that they must excel at project management rather than just being good at it. This requires the use of flexible"--
About the Author Harold Kerzner, PhD (Boynton Beach, FL), is Senior Executive Director for Project, Program, and Portfolio Management at the International Institute for Learning, Inc. (IIL). Dr. Kerzner’s profound effect on the project management industry inspired IIL to establish the Kerzner International Project Manager of the Year Award. IIL donated $1M to the Project Management Institute Educational Foundation (PMIEF) to establish the Dr. Harold Kerzner Scholarship Fund.
International Institute for Learning, Inc. (IIL) is a global leader in professional training and comprehensive consulting services in the areas of project, program, and portfolio management, PRINCE2®, ITIL, Business Analysis, Microsoft® Office Project and Project Server, and Lean Six Sigma. IIL is an IIBA-endorsed education provider, a PMI® charter global registered education provider, and a member of PMI’s Silver Alliance Circle and their Corporate Council.