Define the outcomes of a project in units of measure meaningful to the customer The customer bought a product or service. Actually the customer bought a capability. No if fact the customer should have bought an “effect,” a change in the current way of doing business, executing the mission, or some other... 

Here’s a fun, albeit fascinating idea from Mark Zawacki from the Milestone Group, a strategy and operations consulting firm based in Palo Alto, Calif. He questions on Facebook whether “Corporate America ought to institute a ‘trade’ mentality (vs firing) for execs just like Major League Baseball.”... 

The basic principle of Earned Value starts with the establishment of a Performance Measurement Baseline (PMB) and the measurement of progress against it. The Budget At Completion is the total target for the budgeted cost for the project when it completes. Everywhere we turn we hear about projects that are over budget,...