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.