Item description for Value-Based Metrics for Improving Results: An Enterprise Project Management Toolkit by Ph.D. Schnapper Mel...
This comprehensive guide illustrates how to establish, implement and manage an effective metrics program for achieving improved performance in your business and in attainment of your professional or personal goals. Featuring an implementation roadmap that can be applied in most any organization, Value-Based Metrics for Improving Results presents a unique, universal methodology for developing and using metrics as a management tool to baseline, monitor, manage, improve, align and reward performance of most any business function at any level.
* Establishes a shift in thinking from activity, input, and throughput to a focus on appropriate investments of time, effort and money for improving results * Enables the measurable definition of what constitutes "value priorities" and establishes an objective language and measures for discussing and improving enterprise initiatives and IT investments, teamwork, leadership, quality, and more * Provides a process for aligning strategic, annual, functional, and departmental objectives at the corporate level and includes an internal monitoring system for responding rapidly to internal or external changes * Includes a business case for implementing a project management metrics program and over 200 metrics that focus on the specific value of utilization, relation to delivery speed of measured objectives and cultural safety, and fraud sensitivity * Offers a free downloadable 3Ms metrics maturity model, PMO case study, project management metrics business case and 3Ms metric profile examples --- available from the Web Added Value Download Resource Center
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Est. Packaging Dimensions: Length: 9.1" Width: 6.1" Height: 0.7" Weight: 1.15 lbs.
Release Date Aug 15, 2006
Publisher J. Ross Publishing
ISBN 1932159258 ISBN13 9781932159257
Reviews - What do customers think about Value-Based Metrics for Improving Results: An Enterprise Project Management Toolkit?
Good framework, but its applicability is not clearly demonstrated Feb 9, 2008
This book introduces the 3Ms (Measure/Manage/Magnify) methodology to develop metrics, improve performance and generate continuous improvement. The elements comprising the 3Ms profile are the key result areas weighting (relative weight for each objective), performance objectives (metric and scale), performance factors (identifying responsibilities for the performance), training objectives (to reach performance target) and promotability (reward when performance is achieved). Then these principles are systematically applied to the project management processes as described in the PMBOK, and also more generally to a PMO implementation (to show progress towards global improvement of project management). This is a good framework but unfortunately it lacks concrete examples so that implementation may be difficult and it focuses too much on compliance, not on actual results for the organization.