Chapter 15: Tracking Project Performance 303 and quality. (Web and email hosting)
Chapter 15: Tracking Project Performance 303 and quality. You should at least be tracking your project performance thoroughly enough to know whether your software project is Ahead of or behind schedule Over- or underbudget Within the confines of your scope baseline Meeting the requirements of your quality management plan Read on to discover some ways that you can track your project performance so that when your client stands beside you on the elevator for two minutes, asking how the software project is going, you can provide a quick summary. Using earned value management In Chapter 14 we discuss how you must track and quantitatively measure project performance throughout the life of your software project. You can t just count on your gut feeling or intuition that all is right with the project. Earned value management (EVM) is a means of quantifying your project performance. That means you put a value, like 20 percent, on your progress. That 20 percent can represent the amount of work completed. If you planned to have 40 percent complete, that s not great progress. Earned value management is a handy way of measuring your project performance so that you can determine whether you re where you said you would be at a particular point in time. You can use EVM to track and monitor project performance and then use your communication management plan to distribute this information to your stakeholders. See how all these pieces are coming together now? Check out Chapter 14 for more information. Creating Pareto charts A Pareto chart is a quality control tool that you can use to track items or processes that don t conform as they should. This chart helps you see where your problems are and where you should be focusing the work efforts of your project team. The logic behind this tool is that, usually, a small number of causes (20 percent) create a large number (80 percent) of the issues in a project. Ever hear of the 80/20 rule? Here s a fun little history lesson for you. Vilfredo Pareto was an Italian economist who, in the early 1900s, wrote a mathematical formula to explain that 80 percent of the wealth in his country was owned by 20 percent of the population. Other economists, scientists, engineers, and professors have applied this same principle to many other areas, including project management.
Please visit Domain Name Hosting services for high quality webhost to host and run your jsp applications.