A sponsor needs to track how several parallel work streams are moving forward. Which approach is most likely to produce metrics that show real progress for each work stream?
Focus on cost containment across the work streams to track progress
Create customized performance thresholds rooted in each work stream’s scope and deliverables, and review them regularly
None of these
Adopt a universal metric for each work stream and compile the results
Benchmarks tailored to each work stream, along with periodic checks, provide deeper insight into areas like delivery quality and schedule adherence. Adopting a metric that applies to all aspects may not account for the unique objectives of each area, and concentrating on cost alone can overlook other crucial indicators such as time or quality.
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PgMP
Program Life Cycle Management
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