Project Initiation Monthly Initiation Weekly Management Daily Management Monthly Closure Project Closure Post-Project Management Appointthe sponsor A01 Appoint theproject manager A02 Appoint thekey team members A03 Describethe project A04 Identify and planthe deliverables A05 Identify risksand plan responses A06 Have project initiationpeer-reviewed A07 Make ago/no-go decision A08 Kick offthe project A09 Conduct afocused communication A10 Revise and refinethe plans B01 Have the monthlycycle peer-reviewed B02 Make ago/no-go decision B03 Kick off themonthly cycle B04 Conduct afocused communication B05 Measure andreport performance C01 Plan responsesfor deviations C02 Kick off theweekly cycle C03 Conduct afocused communication C04 Manage risks, issues,and change requests D01 Acceptcompleted deliverables D02 Evaluatestakeholder satisfaction E01 Capture lessons andplan for improvements E02 Conduct afocused communication E03 Hand overthe product F01 Evaluatestakeholder satisfaction F02 Have the closing activitygroup peer-reviewed F03 Archive theproject documents F04 Celebrate! F05 Conduct afocused communication F06 Evaluatethe benefits G01 Generatenew ideas G02 Conduct afocused communication G03

C01 - Measure and report performance

This management activity belongs to the Weekly Management group, which is a group of activities done at the beginning of each week.

Measure the performance of the project compared to its goals, and prepare realistic forecasts for the targets (e.g., time and cost). Prepare one, or multiple reports, with a focus on forecasts, send them to various stakeholders, and check with them to make sure that they have received and understood the report.

Check the list of stakeholders in the Project Description to make sure that each of them has received a proper report. If you realize that the current format of the report is not suitable for a stakeholder, revise the format or design a new alternative, and add this information to the list of stakeholders.

Purpose

The main purpose is to understand where we are compared to the targets and goals, which will be used to recover from deviations as soon as possible. The secondary purpose is to keep the relevant stakeholders informed of the status of the project, which in turn creates trust and further potential for collaboration.

Common pitfalls

Consider the following to avoid the commonest pitfalls in this management activity:

Principles

The following principles play a significant role in this management activity:



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