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Project Evaluation and
Final Activities
USING METRICS TO BUILD A LEARNING ORGANIZATION
When and Why You Need Metrics
Earned Value
“In a nutshell, Earned Value is an approach where you monitor the project plan, actual work,
and work-complet...
Wrap-Up and Learning
from Projects
CREATING A LEARNING ORGANIZATION
Independent Facilitators
Not enough to be independent—
should be seen as independent
Staff need to feel they can be open
E...
Becoming a Learning Organization
More adaptable
Better work culture-more
positive
Companies tend to start
as learning orga...
Characteristics
Systems thinking
•Looking for patterns instead of fires
Personal mastery
•Pride in work
Mental models
•Art...
Exercise
What is one thing you can do in your current job to better share new best practices recently
developed on a proje...
Exercise
Pick a project
Create 5 WBS’s. At least one should be a burst activity
Sticker the walls! Create a network
Determ...
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Project Management: Metrics for Building a Learning Organization

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Project management depends on metrics for effective oversight. Metrics' true value to organizations, though, is often the valuable learning they offer for continuous improvement. The use of objective metrics helps transform completed projects into templates for future success.

Published in: Business
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Project Management: Metrics for Building a Learning Organization

  1. 1. Project Evaluation and Final Activities USING METRICS TO BUILD A LEARNING ORGANIZATION
  2. 2. When and Why You Need Metrics
  3. 3. Earned Value “In a nutshell, Earned Value is an approach where you monitor the project plan, actual work, and work-completed value to see if a project is on track. Earned Value shows how much of the budget and time should have been spent, with regard to the amount of work done so far.”- ProjectSmart Can measure both on time/behind/ahead and under/on/over-budget
  4. 4. Wrap-Up and Learning from Projects CREATING A LEARNING ORGANIZATION
  5. 5. Independent Facilitators Not enough to be independent— should be seen as independent Staff need to feel they can be open Emphasis on fair assessment, not “consulting” Allow people to say what needs to be said, learn More trusted by management, which can lead to more accepted learnings
  6. 6. Becoming a Learning Organization More adaptable Better work culture-more positive Companies tend to start as learning organizations and then get “set in ways” until market forces prompt change
  7. 7. Characteristics Systems thinking •Looking for patterns instead of fires Personal mastery •Pride in work Mental models •Articulated values and theories; willingness to question them Shared vision •Again, why they are there Team learning: •Learn together, reviews, nonthreatening environment
  8. 8. Exercise What is one thing you can do in your current job to better share new best practices recently developed on a project?
  9. 9. Exercise Pick a project Create 5 WBS’s. At least one should be a burst activity Sticker the walls! Create a network Determine the BAC Oops! Your supplier was 3 weeks late with materials. You ordered materials from a more expensive vendor in the meantime. But, the client added two new “essential” features at the same time. ◦ Estimate the EV you have 2 weeks later ◦ Calculate the Cost Variance ◦ Create a lesson learned

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