One of the fundamental success factors in Project Execution is knowing which elements determine real project performance and how to measure them accurately. There is a multitude of metrics that may be measured on any project but, depending on the nature and objectives of the project, only a few of these will establish how well the project is performing.
The unexpected cost overruns and schedule delays that resulted from the computer systems and construction projects developed during the last decats have given rise to the need for processes to measure project and project management performance.
