Deming's 5th Point in Project Management
Continuous Improvement
This is one of my favorite points from Dr. Deming. I see so many mistakes that are made again and again, and lessons learned that are either completely undocumented or filed away after a project, never to be seen again.
Do all of the other project managers in the firm get exposure to lessons learned from other projects? Usually not, in my experience. Surely, individual project managers and sponsors learn from their projects, but organizational learning and continuous improvement require a formal process for the documentation, analysis, and incorporation of lessons learned into a common methodology.
Quality Planning
The PMBOK defines quality planning as “identifying which quality standards are relevant to the project and determining how to satisfy them”. A key output of the planning process should be the quality management plan for the project.
Cost-Benefit Analysis - This is the process of determining the pros and cons of implementing any process, product, or activity. When it comes to project management, cost-benefit is concerned with the benefits of quality management activities versus the costs of the quality management activities. There are two major considerations with the benefit/cost analysis in quality management:
Cost Estimating
Schedule Control
From a time management point of view, time control or project control is about the schedule baseline and any changes that might occur. The schedule baseline is the original, approved project schedule and becomes the standard used to measure schedule performance. Schedule control is concerned with: