Manage Your Project Portfolio, 2nd Edition

Chapter 12Measure the Essentials

You could try any number of measures to evaluate your projects: duration, cost, earned value, and consumer ROI, to name a few. But these measurements alone don’t provide you with a useful measure of how much value the project is contributing or could contribute to the organization. You want to measure enough about projects to know whether they are running smoothly so you can make the commit/kill/transform decision. And you need to know whether the project is still returning value to the organization to decide whether you should commit to the next set of features for the project.

Your measurements help you know whether the project is returning value to the organization. They tell you how smoothly the project ...