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Topics: Information Technology, Knowledge Management, Lessons Learned, Organizational Project Management
What are the top 3 metrics to measure the effectiveness of Project Management practices?
Project Management effectiveness
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Network:4639
1. Scope, Time & Cost
2. Resource
3. Customer Satisfaction
1- Project Success Percentage.
2- Budget & Schedule Baselines.
3- Customer Satisfaction.
1. Customer satisfaction
2. Cost and Schedule Performance Indices
3. Employee satisfaction
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1 reply by Anupam
Oct 13, 2016 1:46 AM
Anupam
...
Employee satisfaction, how do you measure it?
Network:4639
Oct 13, 2016 1:39 AM
Replying to Venkata Rama Satish Nyayapati
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1. Customer satisfaction
2. Cost and Schedule Performance Indices
3. Employee satisfaction
Employee satisfaction, how do you measure it?
Questionnaire based on various parameters with weightage and ratings awarded. Questions could vary from their individual take on the practices, workload, stress levels, grievances, opportunities, level of involvement etc.
...
2 replies by Anupam and Rami Kaibni
Oct 13, 2016 1:57 AM
Rami Kaibni
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I agree with Venkata. We used to do the same and for international companies, it is a must to do so.
Oct 13, 2016 2:01 AM
Anupam
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Don't you think these should be included in yearly organization survey.

Other than that these can also be addressed in 1x1, and appraisals.
Oct 13, 2016 1:56 AM
Replying to Venkata Rama Satish Nyayapati
...
Questionnaire based on various parameters with weightage and ratings awarded. Questions could vary from their individual take on the practices, workload, stress levels, grievances, opportunities, level of involvement etc.
I agree with Venkata. We used to do the same and for international companies, it is a must to do so.
Network:4639
Oct 13, 2016 1:56 AM
Replying to Venkata Rama Satish Nyayapati
...
Questionnaire based on various parameters with weightage and ratings awarded. Questions could vary from their individual take on the practices, workload, stress levels, grievances, opportunities, level of involvement etc.
Don't you think these should be included in yearly organization survey.

Other than that these can also be addressed in 1x1, and appraisals.
...
1 reply by Venkata Rama Satish Nyayapati
Oct 13, 2016 2:06 AM
Venkata Rama Satish Nyayapati
...
Yes, I agree. At the ground level, it is the employees who work in teams and follow the practices. So, I believe an empowered employee can also have a definitive say in the effectiveness of the practices that they follow.
Oct 13, 2016 2:01 AM
Replying to Anupam
...
Don't you think these should be included in yearly organization survey.

Other than that these can also be addressed in 1x1, and appraisals.
Yes, I agree. At the ground level, it is the employees who work in teams and follow the practices. So, I believe an empowered employee can also have a definitive say in the effectiveness of the practices that they follow.
1) Overall CPI & SPI of portfolio of projects
2) Acceptability of completed projects by customer
3) Your market share/new projects against competitors in given market condition
The effectiveness of project management is in achieving the objectives. The objectives vary from organization to organization. It could be on-time delivery, under budget, brand value, customer satisfaction, etc.

Normally the objectives are given priority to facilitate decision making and trade-offs. For some organizations new customer acquisition may be higher priority and may be willing to give up on profits. In a situation like this, the organization may decide to exceed the project budget to achieve higher customer satisfaction. This doesn't mean the project management process & practices are ineffective in controlling the project cost.

In short, decide what are the top 3 objectives of the organization and find out if the projects are producing the results to meet those objectives to assess the project management process & practices effectiveness.

Its very good question and thanks for asking.
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