Measure Value
As a leader in the organization, you care about the number of projects successfully completed per unit time. Yes, this is a measure anyone can game. All you need to do is make the projects smaller, and you have more projects completed per unit time. Projects that don’t successfully complete lead to emergency projects, which reduces your management effectiveness and your ability to provide value to the organization, as in Signs You Need to Manage the Project Portfolio. When teams take a long time to complete projects, you don’t have enough flexibility to change what’s going on in the organization—to actually manage the project portfolio.
Be careful when measuring project completion time. It is just a surrogate measurement for ...
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