Project Management Metrics, Kpis, and Dashboards Book Summary - Project Management Metrics, Kpis, and Dashboards Book explained in key points

Project Management Metrics, Kpis, and Dashboards summary

Harold Kerzner

Brief summary

Project Management Metrics, KPIs, and Dashboards by Harold Kerzner is a valuable guide that explores the importance of measuring project performance and provides insights into using metrics and KPIs to improve decision-making and management.

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    Project Management Metrics, Kpis, and Dashboards
    Summary of key ideas

    Understanding Project Management Metrics

    In Project Management Metrics, KPIs, and Dashboards by Harold Kerzner, we delve into the world of project management metrics and key performance indicators (KPIs). Kerzner begins by emphasizing the importance of metrics in project management, stating that they are essential for measuring progress, identifying problems, and making informed decisions. He also highlights the need for a balanced set of metrics that cover various aspects of a project.

    Kerzner then introduces the concept of KPIs, which are specific metrics that are critical for the success of a project. He explains that KPIs should be aligned with the project's objectives and should be quantifiable, relevant, and time-bound. The author also discusses the different types of KPIs, such as financial, customer, process, and employee KPIs, and their significance in project management.

    Implementing Metrics and KPIs

    In the next part of the book, Kerzner focuses on the implementation of metrics and KPIs. He emphasizes the importance of involving all stakeholders in the selection and development of metrics and KPIs. The author also discusses the challenges associated with implementing metrics and KPIs, such as resistance to change and the difficulty in measuring intangible factors.

    Kerzner provides a detailed guide on how to develop and use dashboards, which are visual representations of project metrics and KPIs. He explains that dashboards help in presenting complex data in a simple and understandable manner, enabling project managers to make quick and informed decisions. The author also discusses the different types of dashboards, such as strategic, tactical, and operational dashboards, and their applications in project management.

    Measuring Project Performance

    Continuing in Project Management Metrics, KPIs, and Dashboards, Kerzner delves into the measurement of project performance using metrics and KPIs. He explains that project performance should be measured at different levels, including individual tasks, project phases, and the overall project. The author also discusses the use of earned value management (EVM) as a powerful technique for measuring project performance.

    Kerzner then explores the concept of benchmarking, which involves comparing a project's performance against industry standards or best practices. He explains that benchmarking helps in identifying areas for improvement and setting realistic performance targets. The author also discusses the importance of continuous monitoring and control of project metrics and KPIs to ensure project success.

    Adapting to Changing Environments

    In the final part of the book, Kerzner addresses the need for adapting metrics and KPIs to changing project environments. He explains that project managers should regularly review and update their metrics and KPIs to reflect changes in project objectives, scope, and stakeholders' expectations. The author also discusses the role of metrics and KPIs in managing project risks and uncertainties.

    In conclusion, Project Management Metrics, KPIs, and Dashboards by Harold Kerzner provides a comprehensive guide to understanding, implementing, and using metrics and KPIs in project management. The book emphasizes the importance of selecting the right metrics and KPIs, using them effectively to measure project performance, and adapting them to changing project environments. It is a valuable resource for project managers, team members, and other stakeholders involved in project management.

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    What is Project Management Metrics, Kpis, and Dashboards about?

    Project Management Metrics, KPIs, and Dashboards by Harold Kerzner offers a comprehensive guide to measuring and analyzing project performance. It covers a wide range of topics including the importance of project metrics, key performance indicators (KPIs), and the use of dashboards to visually represent project data. This book is a valuable resource for project managers looking to improve their decision-making and overall project success.

    Project Management Metrics, Kpis, and Dashboards Review

    Project Management Metrics, Kpis, and Dashboards (2017) is an essential read for anyone involved in project management. Here's why this book is worth your time:

    • It provides practical, actionable insights that can be applied immediately to improve project performance and outcomes.
    • The book takes complex project management concepts and breaks them down into clear, understandable frameworks, ensuring readers can easily grasp and implement these strategies.
    • With its detailed examples and real-world case studies, the book keeps readers engaged, making the subject of project management anything but dull.

    Who should read Project Management Metrics, Kpis, and Dashboards?

    • Project managers looking to improve their project performance measurement and reporting
    • Team leaders who want to track and communicate project progress effectively
    • Professionals seeking to develop a strong understanding of project management metrics and KPIs

    About the Author

    Harold Kerzner is a renowned author and expert in the field of project management. With over 50 years of experience, he has written numerous books on the subject, including the widely acclaimed 'Project Management: A Systems Approach to Planning, Scheduling, and Controlling'. Kerzner's work has been instrumental in shaping the way project management is practiced and taught around the world. His books provide valuable insights and practical guidance for both aspiring and seasoned project managers.

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    Project Management Metrics, Kpis, and Dashboards FAQs 

    What is the main message of Project Management Metrics, Kpis, and Dashboards?

    The main message of Project Management Metrics, Kpis, and Dashboards is the importance of using metrics, KPIs, and dashboards in project management to drive success.

    How long does it take to read Project Management Metrics, Kpis, and Dashboards?

    The reading time for Project Management Metrics, Kpis, and Dashboards can vary, but on average, it takes several hours. The Blinkist summary can be read in just 15 minutes.

    Is Project Management Metrics, Kpis, and Dashboards a good book? Is it worth reading?

    Project Management Metrics, Kpis, and Dashboards is a valuable book for project managers. It provides insights into how to effectively measure and monitor project performance, making it worth reading.

    Who is the author of Project Management Metrics, Kpis, and Dashboards?

    The author of Project Management Metrics, Kpis, and Dashboards is Harold Kerzner.

    What to read after Project Management Metrics, Kpis, and Dashboards?

    If you're wondering what to read next after Project Management Metrics, Kpis, and Dashboards, here are some recommendations we suggest:
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    • Inspired by Marty Cagan
    • The Pyramid Principle by Barbara Minto
    • You Can Negotiate Anything by Herb Cohen
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