Project-Related Measure
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A Project-Related Measure is a system measure associated with a project.
- AKA: Project Metric, Project Assessment Measure.
- Context:
- It can typically quantify Project Performance through objective metrics and performance indicators.
- It can typically assess Project Status via progress tracking and milestone achievement.
- It can typically evaluate Project Health using risk indicators and quality metrics.
- It can typically measure Project Resource Utilization through efficiency ratios and productivity metrics.
- It can typically determine Project Success Factors via outcome measurements and benefit realization.
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- It can often support Project Decision Making through data-driven insights.
- It can often enable Project Comparison via standardized metrics.
- It can often facilitate Project Communication through stakeholder reporting.
- It can often inform Project Improvement using trend analysis.
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- It can range from being a Simple Project-Related Measure to being a Composite Project-Related Measure, depending on its measurement complexity.
- It can range from being a Leading Project-Related Measure to being a Lagging Project-Related Measure, depending on its temporal characteristic.
- It can range from being a Objective Project-Related Measure to being a Subjective Project-Related Measure, depending on its measurement basis.
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- It can integrate with Project Management Systems for automated tracking.
- It can align with Organizational Strategy through strategic objectives.
- It can support Portfolio Management via cross-project comparisons.
- It can enable Continuous Improvement through performance monitoring.
- It can facilitate Stakeholder Communication using dashboard visualizations.
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- Example(s):
- Project Performance Measures, such as:
- Schedule-Based Project Measures, such as:
- Cost-Based Project Measures, such as:
- Project Quality Measures, such as:
- Deliverable Quality Measures, such as:
- Process Quality Measures, such as:
- Project Complexity Measures, such as:
- Technical Complexity Measures, such as:
- Organizational Complexity Measures, such as:
- ...
- Project Performance Measures, such as:
- Counter-Example(s):
- Organizational Performance Measures, which assess organizational level rather than project level.
- Individual Performance Measures, which evaluate person performance not project performance.
- Product Quality Measures, which focus on product attributes not project attributes.
- Market Performance Measures, which track market metrics not project metrics.
- See: Measure, Project Management, Performance Metric, Key Performance Indicator, Project Assessment.