A Framework for use of Project Metrics (AFPM)

Key things that an Attendee will learn from the presentation:

• "Standard" metrics are often not the best choice
• Before one can select metrics, one must know the questions that must be answered
• Metrics used may change over the course of a project
• Post-project metrics should be chosen before the project begins
• The questions relevant to project success are not always relevant to PMO performance
• Sometimes simple metrics are the best
• Guidelines for selecting metrics

Many project teams and most Project Management Offices make use of project metrics to measure project health and progress, but metrics can and should do much more. For example, objective metrics are indispensable for determining the true Business Value of a project after its completion. However, with hundreds of metrics to choose from, how does one know which ones to use? Is it sufficient to simply use the "standard" ones? Which metrics are actually "standard"? This presentation provides a rational basis for selecting metrics for a project, for post-project evaluation, for measurement of PMO success or for any other project related purpose. A review of commonly used metrics and their appropriate use is included.