MTA (Milestone trend analysis)
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Within project, program and portfolio management, the Milestone Trend Analysis (MTA) can be found under the section Uncertainty. It is a tool for Monitoring that is mainly used for Project Controlling. According to ISO 21502 Project Controlling covers monitoring and measuring performance against an agreed plan of projects, including phases and work packages. This also includes authorized changes. <ref name="ISO21502">International Organization for Standardization, "ISO 21502:2020 Project, programme and portfolio management — Guidance on project management", 2020 </ref> <ref name="Project_Phases">M. D. Alam and U. F. Gühl, “Project Phases,” in Project-Management in Practice, Springer Berlin Heidelberg, 2016, pp. 55–121. doi: 10.1007/978-3-662-52944-7_3.</ref> | Within project, program and portfolio management, the Milestone Trend Analysis (MTA) can be found under the section Uncertainty. It is a tool for Monitoring that is mainly used for Project Controlling. According to ISO 21502 Project Controlling covers monitoring and measuring performance against an agreed plan of projects, including phases and work packages. This also includes authorized changes. <ref name="ISO21502">International Organization for Standardization, "ISO 21502:2020 Project, programme and portfolio management — Guidance on project management", 2020 </ref> <ref name="Project_Phases">M. D. Alam and U. F. Gühl, “Project Phases,” in Project-Management in Practice, Springer Berlin Heidelberg, 2016, pp. 55–121. doi: 10.1007/978-3-662-52944-7_3.</ref> | ||
| − | The MTA is an effective tool to visualize the milestones within a project. It helps controlling the project by showing which milestone is ahead of, on, or behind schedule. The MTA uses different timelines: the reporting dates and the milestone dates. <ref name="Project_Phases">M. D. Alam and U. F. Gühl, “Project Phases,” in Project-Management in Practice, Springer Berlin Heidelberg, 2016, pp. 55–121. doi: 10.1007/978-3-662-52944-7_3.</ref> | + | The MTA is an effective tool to visualize the milestones within a project. It helps controlling the project by showing which milestone is ahead of, on, or behind schedule. The MTA uses different timelines: the reporting dates and the milestone dates. <ref name="Project_Phases">M. D. Alam and U. F. Gühl, “Project Phases,” in Project-Management in Practice, Springer Berlin Heidelberg, 2016, pp. 55–121. doi: 10.1007/978-3-662-52944-7_3.</ref> <ref name="MTA3">P. Stoemmer, “Milestone Trend Analysis.” https://www.project-management-knowhow.com/milestone_trend_analysis.html (accessed Feb. 10, 2022).</ref> <ref name="MTA4">S. Reister, “Milestone Trend Analysis - Free Tool for MS Project.” https://www.theprojectgroup.com/blog/en/milestone-trend-analysis-ms-project/</ref> |
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Revision as of 12:07, 11 February 2022
created by Luisa Buchta
Abstract
Within project, program and portfolio management, the Milestone Trend Analysis (MTA) can be found under the section Uncertainty. It is a tool for Monitoring that is mainly used for Project Controlling. According to ISO 21502 Project Controlling covers monitoring and measuring performance against an agreed plan of projects, including phases and work packages. This also includes authorized changes. [1] [2]
The MTA is an effective tool to visualize the milestones within a project. It helps controlling the project by showing which milestone is ahead of, on, or behind schedule. The MTA uses different timelines: the reporting dates and the milestone dates. [2] [3] [4]
Contents |
Main Concept
Definition of Milestone and Trend analysis
Description of MTA
Importance and relevance of performing MTA
Application
Graphical Background and Functionality
Application possiblities
Discussion
Advantages
Limitations
Annotated Bibliography
References
- ↑ International Organization for Standardization, "ISO 21502:2020 Project, programme and portfolio management — Guidance on project management", 2020
- ↑ 2.0 2.1 M. D. Alam and U. F. Gühl, “Project Phases,” in Project-Management in Practice, Springer Berlin Heidelberg, 2016, pp. 55–121. doi: 10.1007/978-3-662-52944-7_3.
- ↑ P. Stoemmer, “Milestone Trend Analysis.” https://www.project-management-knowhow.com/milestone_trend_analysis.html (accessed Feb. 10, 2022).
- ↑ S. Reister, “Milestone Trend Analysis - Free Tool for MS Project.” https://www.theprojectgroup.com/blog/en/milestone-trend-analysis-ms-project/
