Project Objective Structure Model: An Integrated, Systematic and Balanced Approach in Order to Achieve Project Objectives
Commenced in January 2007
Frequency: Monthly
Edition: International
Paper Count: 32804
Project Objective Structure Model: An Integrated, Systematic and Balanced Approach in Order to Achieve Project Objectives

Authors: Mohammad Reza Oftadeh

Abstract:

The purpose of the article is to describe project objective structure (POS) concept that was developed on research activities and experiences about project management, Balanced Scorecard (BSC) and European Foundation Quality Management Excellence Model (EFQM Excellence Model). Furthermore, this paper tries to define a balanced, systematic, and integrated measurement approach to meet project objectives and project strategic goals based on a process-oriented model. In this paper, POS is suggested in order to measure project performance in the project life cycle. After using the POS model, the project manager can ensure in order to achieve the project objectives on the project charter. This concept can help project managers to implement integrated and balanced monitoring and control project work.

Keywords: Project objectives, project performance management, PMBOK, key performance indicators, integration management.

Digital Object Identifier (DOI): doi.org/10.5281/zenodo.3455607

Procedia APA BibTeX Chicago EndNote Harvard JSON MLA RIS XML ISO 690 PDF Downloads 743

References:


[1] Project Management Institute. (2013). A guide to the Project Management Body of Knowledge (PMBOK guide), fifth edition (5th ed.).
[2] Kaplan, R., & Norton, D. (1992). The Balanced Scorecard—Measures That Drive Performance. Harvard Business Review, 71-79.
[3] EFQM. (2013). EFQM Excellence Model (1st ed.). Brussels.
[4] Schonberger, R. (2008). Lean Performance Management (Metrics Don't Add Up). Cost Management, 22, 5-10.
[5] Bagherpour, M. & Noori S. and Ebne Rasoul SA. (2007). Project Performance Measurement using Balanced Scorecard. International Project management Conference in Iran, 5-9.