Unformatted text preview: it. These tools and techniques invariably involve measuring key status indicators during the life of the project. Unfortunately, the indicators most commonly selected are misleading. (Nisenboim, 2006) Example number one is basic information metrics that would include information such as: % of work complete, % of budget used, and timeline versus project development. Example number two is reliable metrics and that is where the actual phase of the project is compared against the timeline in the planning stage. Example number three is project health assessment, and this is where the life of the project development is directly measured against the budget and the timeline for the purpose of giving management the added benefit of true project phasing. Nisenboim, S. (2006, January). Project Tracking: Are you using the right metrics? Retrieved April 10, 2009, from Iime Tiger: http://www.timetiger.com...
View Full Document
This note was uploaded on 03/07/2010 for the course IT 221 taught by Professor Newell during the Spring '09 term at University of Phoenix.
- Spring '09