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On Time! On Track! On Target! Managing Your Projects Successfully with Microsoft® Project by Bonnie Biafore

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Chapter Twelve. Evaluating Project Performance

An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts—for support rather than illumination.

Andrew Lang

The more time you have to correct the course of a project, the more likely you are to succeed in getting things back on track. As a project manager, you can prevent unpleasant jolts of adrenaline by regularly reviewing your projects for early signs of trouble. Knowing where a project is relative to the planned schedule and budget helps answer questions such as "Are the hours allocated to tasks realistic?" and "Are team members working as productively as we estimated?" which, in turn, can help you decide how to rein in your project. And with a bit more analysis, you can answer ...

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