Measuring the progress of a project is a very technical job that demands skills, tools, and experience˳ Field progress measurement involves many factors that need to be given special attention in order to generate accurate progress reports˳ The accuracy of data, types of measurement, and the record system are all key factors that help project managers track down the progress of a project˳
The weekly progress reports generally include a brief narrative discussion of different aspects of a project˳ For instance, this activity could include a general statement about the time status of a project, low float activities that are currently behind the schedule, potential risks, and project activities that are being done according to the schedule˳ Considering the ongoing activities and their time status, a weekly report is prepared to determine the expected delay time or how much time managers need to keep up with the pace˳ Following are some of the techniques used to measure project progress:
The unit completed
It is a good technique to track activities or tasks that are carried out repeatedly˳ There are many activities that are performed repeatedly; tasks that are done repeatedly usually take the same amount of efforts, resources, and time˳ For example, in the construction project, light fixtures are installed repeatedly and each installation takes approximately the same amount of time˳ If a project requires to install 50 fixtures, we can simply count the units installed˳
Steps
The steps methods or incremental milestone technique is mostly used for activities that involve subtasks that need to be completed in an orderly manner˳ For example, building a concrete foundation wall involves a set of milestones: laying the foundation, erecting inside wall panels, installing reinforcement, etc˳ Incremental milestones method measures each single process and the resources required to complete that process˳ Each milestone represents a percentage of the total work˳ Project managers can use different software to streamline their progress measurement activities˳
Weighted units
Weighted units is an approach that deals with a wider range of data˳ The variables that need to be calculated tend to take place over a long period of time and involve multiple subtasks with different units of measurement˳ The objective is to determine the weighted value˳ Once it is done, the weighted value is converted to reflect that value in units of measure specific to the task˳
Cost ratio, start/finish, experience/opinion are also important methods used to measure project progress˳ These methods are widely employed in the construction projects˳
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