Example project control to set standards and measure performance

Describe a method of project control that you have seen used in a company to set standards, measure actual performance and initiate corrective action
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A METHOD OF PROJECT CONTROL THAT I HAVE SEEN IN A COMPANY

  1. With every manager an a priori agreement is made that would have the different elements of work performance expected of him.
  2. Each element of the work performance would be converted into a criterion. For example completing the work by the deadline would be one criterion.
  3. There would be about ten to fifteen criteria jointly decided by the top management and the manager who is to sign an agreement.
  4. Every criteria would be assigned a weigh, so that the total weight of all the criteria. That is each of the …
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