Project Performance Management

Project Management Performance

Attaining a competitive advantage over local organizations as well as remaining abreast with the every day demands of the health care industry has often called for a continual change in an organization’s operations. Although most business professionals perceive change as an uncomfortable venture within the business culture, change has become a vital factor in the success of an organization. As a result, the longevity of an organization is contingent upon its ability to effectively and efficiently adapt to change by enforcing proper project and performance management techniques as a means to ensure the improvements of productivity and performance are consistently obtained. Consequently, the concentrated focus on this paper is to identify constraints, which may hinder effective trend analysis during the measurement of productivity, describe the project management tool pertinent to the measurement of performance improvements and determine how the figures obtained from such applications facilitate the monitoring of operational performance over time. Additionally, the paper will use the principles of breakeven analysis to display its influences on better decision-making as an operations manager.

The effective measurement of productivity and thus the ability to ensure productivity and performance are improving is in part achieved through trend analysis. However, the reliability of the trend analysis is contingent on management possessing a sophisticated control over the apparent constraints present during the measurement of productivity. Operations managers must therefore appropriately identify the constraints present when measuring productivity to circumvent the negative effects in which those constraints may have on productivity and performance management. As a result, some identifiable constraints within the productivity measurement process include consistency, data reliability, and measurability.

Consistency and reliability...