Mgt 437

In: Business and Management

Submitted By bkclingan
Words 722
Pages 3
wormance Measurements

University of Phoenix
MGT 437 Project Management
Alan Miller
January 16, 2012

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Performance Measures Performance measures are used to help provide insight for the company based on the project at hand. The performance measures each look deeper in different areas of the project. A financial audit provides the company with information about how the costs are comparing to the outcome of the project. Learning and growth allows the company to get detailed information from the employees that work for them. Finally there is customer perspective. This is customer insight about the project that was being evauled. Each of these perspectives comes together in one big report for the company but all of the perspectives are different.

Financial Audit
Audit is a way for the company to have insight to financial matters to help determine if the project is meeting goals. The audit will review budgets, status of the project, and future of project, sales receipts, maintence, and even pay roll information. The company then has an overview of how costly or beneficial the project is. An audit for a project uses no standard system and has no records; therefore the data needs to be started when engaging the audit.
Learning and Growth
The learning and growth perspective allows a company to understand the employees employed. This provides information based on employee satisfaction and even retention. Learning and growth even explores the different skills needed for each job. This allows the company to have full insight on what sort of skills are going to be needed if the project is going to be redone at a later time. This could ensure the outcome of the project to be better just by following and tweaking the project guidelines.
Customer
The customer perspective provides the company with insight from new and repeat customers. This…...

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