Project Progress Pro, Process Control Project Tracking

Project Progress Pro 2018

CFO approval is often the primary objective for the business case
.

Project tracking with Process Control
Published by Solution Matrix Ltd
ISBN 978­929500019 2018
Excel-based tracking and charging   US$ 39

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When Your Project Has to Finish on Time—Take Control!

Project Progress Pro brings the power of statistical process control to project tracking. Project Progress Pro:

  • Gives early warning signals when the risk of a late finish rises.
  • Compares actual progress to the original project plan, continuously.
  • Provides visual updates on schedule gains and losses, easily understood by everyone.

Project Progress Pro shows project progress by plotting actual progress in time against the original plan critical path. Control lines automatically appear in the plotting space to signal high or low probabilities for completing the project on schedule.

  • When Actual Progress crosses a low probability control line, managers may decide to increase project effort and resources to bring the project back on schedule.
  • Crossing a high probability control line means an early finish is very likely.

Track Progress With Process Control

The progress plot is similar to statistical process-control charts used in manufacturing. The chart puts current progress into historical context, while serving as a focus for discussion by the project team and senior leaders alike.

Example project progress chart

Project Progress Pro control chart. The original plan called for project finish in 32.5 weeks. However, the control chart warned in week 8 that a late finish was likely. The slope of the Actual Project Progress line shows everyone that tasks consistently took longer than plan. As a result, had management taken action in week 8, an on time finish might have been possible.

Project Process Control Charting Made Easy

Statistical control charts of this kind have been in use since 1988, when the idea first appeared in IEEE Management. Until now, however, only a very few project managers used them—for good reason. This is because setting up a control chart called for a good knowledge of probability theory and other mathematics.

Now, however, Project Progress Pro puts process control tracking in reach of everyone, even those with very little background in statistics or math.The Excel-based tool requires only a few very simple inputs, beginning with just the number of critical path tasks and an estimated most likely time for each. Project Progress Pro does the rest, setting up the chart structure, placing the control lines, and plotting your actual progress against the original plan.

Progress Pro tracks projects with up to 12 critical path tasks. Progress Pro works best with Microsoft Excel 2007 or later, on Apple Macintosh and Windows PCs.Marty Schmidt, President, Solution Matrix LtdAbout the author, Marty Schmidt
President, Solution Matrix Ltd.

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Project Progress Pro Tracking System    US $39

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Updated 2018-12-18