Habit # 4—Continually Monitor Performance against the Plan
Jerry L. Wellman
Chapter Chapter 5 in Improving Project Performance, 2011, pp 151-200 from Palgrave Macmillan
Abstract:
Abstract Successful project teams understand their progress or lack of it from the start because they have installed both a plan and a monitoring system that measures their progress against the plan. They are able to avoid guessing about their rate of progress. Guessing optimistically is always less embarrassing and less painful—until about the 90-percent point when all that optimism is finally exposed as unfounded. Tracking progress from the start is less painful. Norm Augustine’s words also ring true because many projects begin with huge challenges about which the project team and organization are in denial.
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-51237-6_5
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DOI: 10.1007/978-1-137-51237-6_5
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