Three Critical Project Management Measurements You Probably Don’t Track

Sign up for a chance to win a free seat at a full-day seminar “How to Measure Anything in Project Management” presented in person by Doug Hubbard.  See details at the end of this article.

Of all the project-management-related measurements a firm could make, there are three that are particularly critical and yet almost never measured.  Each of these are measurements my team have made many times across many types of projects even though some might consider these to be “immeasurable.”

None of these measurements are new.  Mature quantitative methods exist and have been applied to for each of these measurement problems.  Also, each of these methods can be done using nothing more than the statistical functions available in Excel spreadsheets and the methods are simple enough that we cover them in a training course that takes one day.

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Five Data Points can Clinch a Business Case [article]

Pop quiz: which of the following statements about decisions do you agree with:

  1. You need at least thirty data points to get a statistically significant result.
  2. One data point tells you nothing.
  3. In a business decision, the monetary value of data is more important than its statistical significance.
  4. If you know almost nothing, almost anything will tell you something.

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Spring 2017 Training Schedule

Our Spring 2017 training schedule is booking up quickly – check dates and times below.  Project managers should take note of our sessions specifically designed for those tough measurement areas like PM effectiveness, project success, benefits realization, chance of project cancellation etc.. GREAT way to separate yourself from the herd!

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