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Project Management (Designing dashboards)

   

Added on  2020-05-04

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Running head: PROJECT MANAGEMENTProject Management(Designing dashboards)Name of the student:Name of the university:Author Note
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1PROJECT MANAGEMENTIdentification of the type of materials, necessary metrics, and KPI in the“portfolio resource management dashboard” for better control and monitoring:The PMO of an organisation is needed to manage the capital projects. For this, a formalprocedure regarding how the dashboards are designed is developed. The following narrative isestablished to recognise the kind of materials, required metrics and the KPI that are needed to beincorporated. The companies have been identifying the necessities to develop the project selectiondecisions and better management of the project portfolios. The consulting organisations and softwarevendors have been running before to deliver various tools for the tasks. Maximum of the relatedproducts have been marketed as tools for the PPMorProject Portfolio Management (Martinelli &Milosevic, 2016). However, they are also described as the tools for project prioritisation, portfolioanalysis, capital efficiency enterprise project management, capital allocation, asset management,multi-project management and few another set of same terms. The primary target industries andareas of applications are the features emphasised by the suppliers, structural characteristics like thesuite, provider location and the delivery modes like SaaS, onsite, web-based and desktop. While all the projects consist of different criteria regarding success, still some of the criticalmetrics are needed to be considered. The first one is the time that includes start data, end data,variance, the percentage of the project started on time. Then there is the cost. This consists of thebaseline cost, budget cost, and actual cost and so on. The next one is the resources that include thebudget work, baseline work, practical work and so on (Kerzner, 2017). Then there is the scope. Thisconsists of the percentage of the project milestones gained, unresolved project change requests,deliverable functionalities and much more. Further, the quality is needed to be considered. Thisincludes the number of defects every month, load testing, application failures and much more.
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