Ethics Game Week 5 Performance measurements Performance measurements are used to characterize and define performance in a project. They are used to track and manage progress toward achieving specific project goals. Performance measurements help determine how decision-making processes of a project led to its success or failure, understanding these can help organizations make future improvements. It is a project manager's responsibility to measure performance based on the triple constraints of time, budget, and quality of a project. There are many performance measurements a project manager can use based on the type of project at hand, this paper compares and contrasts the following measurements - * Earned Value * Customer …show more content…
Second Scenario In the second scenario it is believed that a college is falsifying data in a research project to hide the true results. A medical journal is going to publish the results of the study. Publishing erroneous results can not only hurt the company’s reputation but can also lead people to use a drug that does not provide the expected results. The relationship lens and the reputation lens were used in the decision making process for this dilemma. By using these lenses to make the decision to investigate and halt the publishing of false results Jeana was able to save the company from lawsuits that could have put the company in financial jeopardy as well as expose the problem of false data. By investigating the allegation and informing the Doctor who was leading the study the situation was halted internally. Influences There were choices to be made that determine the outcome of each scenario. When making decisions I used the choice that best suited my own beliefs. I did not just use text books or tutorials. I used common sense, personal ethics and experience. When making decisions, knowing the full situation and who you are helping matters to the person responsible for the outcome of the situation. Knowing who might get hurt if the wrong decision is made is a motivator to make the right decision for everyone involved. If the person forced to make the
We all know right from wrong. Sometimes the difficult decision is doing what is right not what is convenient.
Making the right decisions is an ongoing struggle for man, because making decisions is never easy, and the wrong decision can lead to endless perils. Decisions must be made when dealing with power, loyalty, and trust. Yet, unlike other decisions, ones that are about these three fields are the most important, due to the risk involved, and because of the consequences that might follow.
The Performance Measurement is a way to either measure or give a understandable value to what has been done compared to what was supposed to be done. It applies to all aspects in the working environment, such as procedures, critical activities and processes. In other words, first you set pre-defined goals and give away tasks and responsibilities to other workers, then at the deadline you can compare the achieved results to what the original goal was at the beginning. It is also useful to evaluate not only the final result, but even all the actions taken to get that particular results and the way the actions have been taken as well.
According to Wysocki (2012), there are many challenges to keeping a project running smoothly, but as a project manager for Pizza Delivery Quickly, your main concern is about monitoring the established metrics that can alert a project is heading for distress. The project manager must be able to analyze the situation, revise the goals, evaluate the different options and be able to revise the plan as needed. Metrics can facilitate the tracking system, which is essential for evaluating the current project performance level. A cutting edge tracking system serves as a gold standard benchmark or key indicator of the level of progress for the entire project. It is also important to note that the schedule performance index is one of the most widely used metrics for tracking
Decisions are what direct a average person's life. Some decisions are easy some are hard. But that’s the way of life and how it works.
It’s been said many times; the numbers tell the truth. The question has also been asked, “how can you manage what you can’t measure”? Today, many project managers and organizational leaders realize the importance of tracking project performance and managing multiple teams. The project management institute has made project performance tracking simple, using a series of formulas as warning metrics. This writing assignment review and apply a few of these important performance metrics as we encounter challenges with the Pizza Delivered Quickly (PDQ) application.
Every action a person takes is the result of having thought about what it is they think they should do and then doing it. Life is riddled with problems that require solving. Decisions are complex matters that require careful judgment and problem analysis especially when one is in a role where others look up to them and are affected by their decisions.
Sexual Harassment and Falsifying data are an unethical practice that could happen in an organization. Leaders are required to take action. In the case of the Mysterious Roses and the case of the Cold Feet G BioSport find themselves resolving serious dilemmas. This discuss will address decision-making steps, ethical lenses used to make decisions, and ethical lenses that influence decisions.
nothing is more important than following one's intuition and doing what the person thinks is right.
make many decisions and if they choose wrong, it may cost them their lives or someone else’s in
Ad-hoc decision making is what we naturally do when faced with an issue, especially when there is not time or other incentive to take
Though this is an effective way to make decisions, like all ways of deciding things, it is key that the ones deciding are playing their role. If they are not, it can cause great negative
Humans are capable of making their own decisions which can often have positive or negative consequences on both themselves and others. Every day we face decisions about what to eat, what to wear and how to use our time.
Monitoring and control activities are essential components to effective project management (Chrissis, Konrad, & Shrum, 2011; PMI, 2013). The main purpose of monitoring and control activities are to having an understanding of project progress/performance against the agreed upon plan, identify potential risks, provide accurate forecasts, and to ensure corrective actions are taken when necessary (Chrissis et al., 2011; PMI, 2013). Successful cost and schedule control involves much more than merely monitoring project progress and costs, it involves thorough analysis of the data (Kerzner, 2013, p. 738). One of the most effective tools for performance measurement, monitoring, and control is earned value management (EVM); a powerful technique which employs quantitative data to objectively monitor and control project progress (De Marco & Narbaev, 2013).
The three performance measures speed, accuracy, and volume are important signs of a projects performance. They show just how successful the project is, thus, making them similar, irrespective of time and budget. They allow benchmarks to be set, which stands for the performance level that project managers depend on for the project team to produce. These three measurements are measurable, specific, and assignable, they are exact indicators that can be estimated and anyone can be