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Module 2 Unit 5 Performance Improvement Actions - Malta Institute ...

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<strong>Module</strong> 2 <strong>Unit</strong> 5<strong>Performance</strong> <strong>Improvement</strong> <strong>Actions</strong><strong>Performance</strong> Optimization & Actualisation


Definition of a ProjectProject:specific objectivedefined start and finish timefunding limitsconsumes resources


Definition of a ProjectTargets of Project:QualityBudgetTime


The S-CurveThe S-Curve:examines progress of projectcompares actual with planEarned Value Analysis compares thevalue of work done with the value ofwork that should have been done.


The S-Curve


The S-CurvePossible reasons for variations:time lost in stopping and startingactivitiesspecial handlingrevisions to project reports anddocumentsrecycling


The S-CurveEarly Prediction tend to be unreliablebecause:people usually are optimisticduring the first weeks of a largeproject, the work analysed in earnedvaluecalculations is too small toproduce valid indicationno guarantee that same level is keptcorrections, modification, revisions ofprevious plan is almost always done

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