A key component of PPM is improved management of the project pipeline. That is, we strive to review the performance of active projects against several criteria with the objective of considering termination of those projects that no longer support the conditions on which approval was granted. An essential capability for such performance reviews is the process of EVA. The ability to monitor schedule and cost variances in a consistent, structured manner provides key data for performance reviews and removes personal biases from the evaluation.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.