Establishing Lead Measures - Concept & Exam Guide
What is Establishing Lead Measures:
Establishing Lead Measures is a proactive management process to identify initially trackable activities or inputs within a project that directly impact the final output outcomes or lag measures. These lead measures are actionable, influenceable and effectively predict the success of your project.
Why it is Important:
Lead Measures provides early insight into the performance of a project. It guides project managers to take required actions in advance to ensure project objectives are met. They provide a clear line of sight to the final goal and help to foster a proactive project management culture.
How it Works:
Lead Measures are identified and established based on project type, objective, and requirements. Once established, regular monitoring and control of these measures would ensure that the project is progressing as planned. If deviations are observed, corrective actions can be taken promptly.
Exam Tips: Answering Questions on Establishing Lead Measures
1. Understanding the difference between lead and lag measures is crucial.
2. Remember that lead measures are proactive and influenceable.
3. Questions may test your ability to select appropriate lead measures in different project scenarios.
4. Understand that lead measures directly influence the achievement of the final project goal.
5. Always think from a project manager's perspective while answering questions.
6. Be familiar with the tools to track and control lead measures in a virtual team.