Describe how to use project metrics to find out costs, schedule, scope and quality status during project execution

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DhrraRE

Business Finance

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2-3 pages

  • Describe how to use project performance metrics to find out project costs, schedule, scope, and quality status during project execution for the waterfall method and Agile scrum method.
  • Discuss the customer's involvement during project execution for the waterfall and Agile scrum method and how to control project performance during the project life cycle.

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Explanation & Answer

Attached.

Running Head: PROJECT PERFORMANCE METRICS

Project Performance Metrics

Name

Institutional Affiliation

1

PROJECT PERFORMANCE METRICS

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Project Performance Metrics
Performance metrics can be referred to as the standard of measurement by which
performance, efficiency, and progress of a project or product can be measured. Project managers
need real-time detailed information to be able to effectively plan and execute a project and assess
its performance over time. Metrics help the management in decision making, building
predictability, and to give the right direction.
Waterfall method follows a linear approach in any project development process. The
sequence of events allows for easy measurement of performance. In this method, one stage is
co...


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