Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Hi William,
The above two links provided by Bala contains the info that specifically tackles the issue you raised. Hope these help and if not, please let us know what are your specific areas of concern. Saving Changes...
John Caron, MBA, PMP, CSMVP - Technology Project Solutions Consultant| Bank of AmericaJacksonville, Fl, United States
By my standards, if you have satisfied the entire project scope, no gold-plating within the customer requirements (scope) within budget and on/before time. I cant help but think of the iron triangle here, a basis of success if delivered per requirements. make sure the SPI and CPI are also healthy, 1.0 >
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1 reply by Patrick Dicey
Mar 15, 2016 12:49 PM
Patrick Dicey
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Hello John,
Just playing devil's advocate: you could have an EV baseline that is accelerated within project funding levels and schedule deadlines (MR and schedule margin), not meet your baseline (CPI/SPI <1.0) and still meet all contractual requirements (successful project).
Different organizations may baseline their EV in different ways which would lead to the metrics measuring success differently.
Cheers,
Patrick
Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
Inside the PMBOK you will find that the project success is meassure by the product quality and project quality and the achievement of project budget and time. The problem in a lot of project is that the metrics are related to product instead of project success. For example, accept a project success criteria like "growth in market share 5% in the next year" is wrong because you will achieve that thanks to the defined solution not the process to create it. Saving Changes...
Patrick DiceyManager, Customer Project Management| CentralSquare TechnologiesOrlando, Fl, United States
Strict threshold requirement: Meeting technical/quality requirements within approved budget and schedule baselines.
There may be other objective requirements such as adding achieving advertised business/customer value propositions, etc which are debatable. Saving Changes...
Patrick DiceyManager, Customer Project Management| CentralSquare TechnologiesOrlando, Fl, United States
Mar 14, 2016 1:59 PM
Replying to John Caron, MBA, PMP, CSM
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By my standards, if you have satisfied the entire project scope, no gold-plating within the customer requirements (scope) within budget and on/before time. I cant help but think of the iron triangle here, a basis of success if delivered per requirements. make sure the SPI and CPI are also healthy, 1.0 >
Hello John,
Just playing devil's advocate: you could have an EV baseline that is accelerated within project funding levels and schedule deadlines (MR and schedule margin), not meet your baseline (CPI/SPI <1.0) and still meet all contractual requirements (successful project).
Different organizations may baseline their EV in different ways which would lead to the metrics measuring success differently.
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