Expert answer:Project Metrics, Monitoring – Discussion.


Solved by verified expert:or this week’s discussion, assume you are heading a PMO in an organization that manages a portfolio of capital projects, and you have decided to develop a formal procedure for how dashboards have to be designed. A section of this procedure is supposed to identify the type of materials, necessary metrics, and KPI that, at a minimum, need to be included in the portfolio resource management dashboard for better monitoring and control (Reference dashboard design and dashboard content in Chapter 7 of the textbook).For this section of the procedure, prepare a narrative (not a bulleted list) to identify the type of materials, necessary metrics, and KPI that, at a minimum, need to be included, and describe your rationale.Respond to two or more of your classmate’s postings in any of the following ways:Build on something your classmate said.Explain why and how you see things differently.Ask a probing or clarifying question.RequiredChapter 7 in Project Management Metrics, KPIs, and Dashboards: A Guide to Measuring and Monitoring Project PerformanceJasmon, A., & Bakar, R. (2014). Harmonizing service performance measurement frameworks: The case of health care. Cost Management, 28(1), 22-32.Selby, R. W. (2009). Analytics-driven dashboards enable leading indicators for requirements and designs of large-scale systems. IEEE Software, 26(1), 41-49. doi:, C. (2011). Project portfolio management: Creating dashboards that meet strategic corporate performance targets. The Canadian Manager, 36(2), 10-12,4.DeSarra, P. (2012). BI dashboards the agile way. Business Intelligence Journal, 17(4), 8-16.

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