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You covered many elements of monitoring and controlling projects this term. As the course comes to a close, it is important to understand the role of metrics in relation to project status, and ultimately terminating or closing the project. For this forum, discuss how you can effectively use metrics and dashboards for project closeout. Consider relating personal/professional experience in preparing your post.
Support your statements and conclusions using at least one of this week’s recommended readings and one outside reference (a peer-reviewed scholarly article published in the last five years, references not to include required or recommended reading assignments, or the textbook).
Chapter 8 in Project Management Metrics, KPIs, and Dashboards: A Guide to Measuring and Monitoring Project Performance
Bon-Gang, H., Hui, F. T., & Sathish, S. (2013). Capital project performance measurement and benchmarking in Singapore. Engineering, Construction and Architectural Management, 20(2), 143-159. doi:http://dx.doi.org/10.1108/09699981311303017
Levin, G., & Parvitz, R. (2006, October). New directions and innovation in metrics-based management. PMI Global Congress 2006—North America Proceedings, Seattle, Washington. Retrieved from http://www.pmi.org/learning/library/innovation-metrics-based-management-performance-8122
Rogério Tadeu de, O. L., Ensslin, L., & Sandra, R. E. (2011). A performance measurement view of IT project management. International Journal of Productivity and Performance Management, 60(2), 132-151. doi:http://dx.doi.org/10.1108/17410401111101476
Zavadskas, E. K., Vilutienė, T., Turskis, Z., & Šaparauskas, J. (2014). Multi-criteria analysis of projects’ performance in construction. Archives of Civil and Mechanical Engineering, 14(1), 114-121. Retrieved from https://www.researchgate.net/profile/Edmundas_Zavadskas/publication/259163870_Multi-criteria_analysis_of_Projects’_performance_in_construction/links/0a85e535e4a2567cff000000.pdf