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UNCOVERING VARIOUS PARAMETERS INVOLVED IN PROJECT PROFITABILITY AND MEASURES OF PROJECT PERFORMANCE
Authors
RANJEET KRISHNA MALI,Dr. D.R.Mane
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Keywords
Project Profitability and Performance measures
Abstract
This research paper offers an analysis of the main parameters influencing project profitability. This is very critical and important parameters from efficiency point of view. Hence, these factors must be adapted to the specific circumstances surrounding each company, department and customer.
The key difference in performance measures versus value measures is the reason for doing the analysis of project efficiency. In measuring project performance, you are trying to get the information to help you make management decisions to affect change that, hopefully, that will improve the performance. For example, project performance measures are carried out to provide information to managers in order to exert control over the project. Those measures must be appropriate to the organizational level that can immediately effect change based on information it learns in order to control the performance of the project at hand (measuring the earned value of the project will provide information on the performance of the project to allow managers to make critical decisions to bring the project to closure successfully). These measures must be collected from actual data available from various support functions and regular basis. Perhaps even weekly or monthly. It is depending upon the duration of the project.
IJCRT's Publication Details
Unique Identification Number - IJCRT1812111
Paper ID - 185319
Author type - Indian Author
Page Number(s) - 781-791
Pubished in - Volume 6 | Issue 2 | April 2018
DOI (Digital Object Identifier) -
No Of Downloads - 1151
Author Country - 411033, India, CHINCHWAD,411033, PUNE, CHINCHWAD,411033, PUNE, India, Management
Publisher Name - IJPUBLICATION | www.ijcrt.org | ISSN : 2320-2882
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RANJEET KRISHNA MALI,Dr. D.R.Mane, "UNCOVERING VARIOUS PARAMETERS INVOLVED IN PROJECT PROFITABILITY AND MEASURES OF PROJECT PERFORMANCE ", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.6, Issue 2, pp.781-791, April 2018, Available at :http://www.ijcrt.org/papers/IJCRT1812111.pdf
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ISSN: 2320-2882 Impact Factor: 7.97 and ISSN APPROVED Journal Starting Year (ESTD) : 2013
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