Metrics for Project Management: Formalized Approaches

Metrics for Project Management is not a regular project management book. It is a practical tool for project and program managers who want to implement project management metrics in their team or organization. The book includes a large number of templates or instruments intended to facilitate implementation of measurement related to all aspects of the projects. These instruments are related client requirements, project planning, project quality, project risk management, teamwork and performance measurements, and other aspects of project and portfolio management. The authors recommend setting up and metrics system within an organization as a comprehensive program that needs to be properly designed. Sometimes it is difficult for many organizations to establish a comprehensive formalized metrics management program. In this case, we recommend our clients to start with some elements of the program outlined in this book and have actually implemented a metrics system for project risk management as recommended by the authors. Essentially, we programmed a number of instruments related to our risk management system to our software RiskyProject. By combining instruments from the book and our software, our clients were able to establish very effective project risk management process. The value of metrics in project management is often underestimated. Always remember that you cannot control something that you cannot measure. I strongly recommend Metrics for Project Management for everybody who wants to establish a metrics system in their organization. Lev Virine, author of Project Decisions: The Art and Science