The purpose of visualization, analytics, and reporting (VAR) in project management is to provide supporting evidence to key stakeholders at various stages of the project lifecycle to ensure decision making is effective. The success of the project relies on the dynamic monitoring and controlling of four or five key project characteristics known as RAID or CARDI respectively. The acronym RAID or CARDI represents the words
constraints,
assumptions,
risks,
dependencies, and
Issues used to describe key characteristics of any project.
Course Overview
This course targets those who have to apply a systematic approach to monitoring a project during its lifecycle. It is an introduction to well-known qualitative and quantitative techniques used across different project management methodologies. The course presents an approach that encourages stakeholder engagement, feedback loops, progress data metrics, and effective controls. There are also some practical challenges included to help you check your understanding.
Business Lab
The business lab includes exercises, simulations, and examples that will allow you to apply the ideas shared in this course and develop the required skills in the following areas:
- Evaluating project requirements
- Identifying data metrics for measuring progress
- Developing a monitoring system/dashboard
- Visualizing and analyzing project data to support stakeholder decision making
- Engaging with stakeholders
- Analyzing and managing project RAID and/or CARDI
