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Business PerformanceProject Steering&Performance Assessment Best Practice Excerpt
Operations & Lean Mindset Outline Highlights
Project Steering Project Steering
Source of Change $650,000 $600,000 $550,000 $500,000 $0 Project Budget NRE Over Spend NRE Under Spend Current Project Cost NRE Early Completion Early Start Benefit Late Start Benefit Over Achieved Benefit Under Achieved Benefit NRE Late Completion Weekly Steering Status Steer Performance During the Project – Not at the End  Project Steering
Cost – Benefit Analysis ROI Range = [(Annual Benefit) ± Variances]–[NRE ± 			Variances]/[NRE ± Variances] Project Steering
Justification Understand and Quantify Performance Tolerances Project Steering
Control Chart Quality Performance Delivery Performance Cost Performance +10% +10% +10% +5% UCL +5% UCL +5% UCL 0% Variance 0% Variance 0% Variance -5% LCL -5% LCL -5% LCL -10% -10% -10% Weekly Steering Status Control Charts offer  “GPS” for project Course Correction Project Steering
Time-Based Competition

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Excerpt, Project Steering

  • 1. Business PerformanceProject Steering&Performance Assessment Best Practice Excerpt
  • 2. Operations & Lean Mindset Outline Highlights
  • 4. Source of Change $650,000 $600,000 $550,000 $500,000 $0 Project Budget NRE Over Spend NRE Under Spend Current Project Cost NRE Early Completion Early Start Benefit Late Start Benefit Over Achieved Benefit Under Achieved Benefit NRE Late Completion Weekly Steering Status Steer Performance During the Project – Not at the End Project Steering
  • 5. Cost – Benefit Analysis ROI Range = [(Annual Benefit) ± Variances]–[NRE ± Variances]/[NRE ± Variances] Project Steering
  • 6. Justification Understand and Quantify Performance Tolerances Project Steering
  • 7. Control Chart Quality Performance Delivery Performance Cost Performance +10% +10% +10% +5% UCL +5% UCL +5% UCL 0% Variance 0% Variance 0% Variance -5% LCL -5% LCL -5% LCL -10% -10% -10% Weekly Steering Status Control Charts offer “GPS” for project Course Correction Project Steering

Editor's Notes

  1. Slide created by James Sargeant, © James Sargeant 2009, All Rights Reserved, jsargeant@alumni.calpoly.edu
  2. Slide created by James Sargeant, © James Sargeant 2009, All Rights Reserved, jsargeant@alumni.calpoly.edu
  3. Slide created by James Sargeant, © James Sargeant 2009, All Rights Reserved, jsargeant@alumni.calpoly.edu
  4. Slide created by James Sargeant, © James Sargeant 2009, All Rights Reserved, jsargeant@alumni.calpoly.edu
  5. Slide created by James Sargeant, © James Sargeant 2009, All Rights Reserved, jsargeant@alumni.calpoly.edu
  6. Slide created by James Sargeant, © James Sargeant 2009, All Rights Reserved, jsargeant@alumni.calpoly.edu
  7. Slide created by James Sargeant, © James Sargeant 2009, All Rights Reserved, jsargeant@alumni.calpoly.edu
  8. Slide created by James Sargeant, © James Sargeant 2009, All Rights Reserved, jsargeant@alumni.calpoly.edu