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Chapter Thirteen
Measuring the Value of
Projects Within
Organizations, Healthcare
Systems, and Globally
Introduction
• Value
– Must be defined, attained, and demonstrable by
measurement to ensure resources did advance
organization’s mission and vision
– Investment of resources in any project should
produce value for organization’s stakeholders:
Measurement
• Use of information drawn from databases;
often collected specifically for a project based
on anticipated outcomes of project
• Informative information collected;
predesigned plan for its use has been
determined
• Information must be: relevant to project, and
sensitive so that it measures real differences
in project’s anticipated impact
Measurement—cont’d
• Unbiased and comprehensive information to
capture scope and magnitude of project
• Timely information required to measure
impact of project
• Value expressed by first identifying the
stakeholder’s interest
Measurement—cont’d
• Project Manager
– Must be clear about stakeholder’s needs and
wants to establish appropriate baseline for
comparison of outcomes
– If project impacts patient care, must consider the
patient’s perceptions
– Measuring value: complex and requires
considerable forethought and design
Measurement—cont’d
• Project Manager—cont’d
– Will play multiple roles
– Measuring value of impact in any project must be
considered before project is initiated
– Must understand genesis of the project
– Needs to consider cultural context of the work
– Must be strategic
– Must function as planner, communicator, data
analyst, and database administrator
Project Evaluation
• Definition: systematic collection of information
about the activities, characteristics, and
outcomes, in order to make judgements
• Steps:
– Considering the evaluation purpose
– Identifying stakeholders
– Assessing evaluation expertise
– Gathering relevant evidence
– <NLL>Building consensus
Aligning Metrics with Project Aims
• Projects vary in terms of the:
– Magnitude and scope of the change
– Stakeholders involved
– Degree of linearity or complexity associated with
the approach taken to manage the project
Case Study Application
• Project manager appointment based on
community desire to be more heart healthy
• Project aims
• See Table 13-1
• Information management plan
Principles of Project
Evaluation Methods
• Project Evaluation
– Effort made to measure impact of project-based
change
– Value proposition to be measured derived from
stakeholders
– Project manager responsibility: measuring impact
of project objectives or aims
Principles of Project
Evaluation Methods—cont’d
• Program Evaluation—cont’d
– Diligent investigation of program’s characteristics
and merits to provide information about its
effectiveness in optimizing outcomes, efficiency,
and quality of health care
– Appraises achievement of a project’s goals and
objectives and extent of its impact and costs
Principles of Project
Evaluation Methods—cont’d
• Project and Program Evaluation
– Major task: to identify a program’s merits
– Methods used to capture data include both
quantitative and qualitative strategies
– Quantitative methods include approaches that
measure impact through mechanisms
– Qualitative data provide a rich context for
evaluating project impact
Information Dissemination: Roles and
Responsibilities for Communication
• Information Dissemination
– Face-to-face communication: helpful, but
insufficient for data presentation
– Charts, survey tools, graphs, and other means to
display data to fully reflect impact of project
during its implementation, conclusion of
intervention, and to monitor post-intervention
effectiveness and restabilization
Information Dissemination: Roles and
Responsibilities for Communication
—cont’d
• Presentation of feedback through quantitative
and qualitative data offers opportunity for
project leader to:
– Anticipate risk
– Integrate findings with lived reality
– Communicate a sense of purpose to stakeholders
– Design plans for improving project past its due
date and weaving it into fabric of the work of the
organization
Information Dissemination: Roles and
Responsibilities for Communication
—cont’d
• Information Dissemination
– Statistical process control charts: helps to
determine impact of the change and resets new
and improved standard
– Final report (summary email): closure event to
mark achievements
– Run charts with notes attached: denotes
accomplishments
Tools of the Trade
• Tools of the Trade
– Statistical process control software: control chart
that emanates from statistical process control
documents change and variability
– Graphic presentation of data: dashboard
presentation compares and contrasts metrics into
a single document
Summary
• Value obtained by knowing specific
stakeholder wants and needs related to
project.
• Can vary widely; often include access to
service, cost-effective delivery of service,
satisfaction with project’s outcomes.
• Metrics encompass art and science of
measuring value.
Summary—cont’d
• Metrics must be informative, relevant,
unbiased and comprehensive, action oriented,
performance targeted, and cost effective.
• Projects vary in complexity and the metrics
will vary accordingly.
Summary—cont’d
• Metrics can include both quantitative and
qualitative data, which are complementary
concepts; whereas the former provides
information about specific points of achievement,
the latter provides context.
• Project leaders accountable for fair and honest
representation of project and should be prepared
to reveal progress toward project’s aims, as well
as unanticipated outcomes (positive and
negative).
Summary—cont’d
• Project leaders should use decision science
tools, such as those associated with statistical
process control and dashboard mapping to
represent their work and to adapt projects as
needed.
• Data should support the project from before
the onset of the project through to project
stabilization, until the work is sustained as
part of the way work is done.

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Hm 418 harris ch13 ppt

  • 1. Chapter Thirteen Measuring the Value of Projects Within Organizations, Healthcare Systems, and Globally
  • 2. Introduction • Value – Must be defined, attained, and demonstrable by measurement to ensure resources did advance organization’s mission and vision – Investment of resources in any project should produce value for organization’s stakeholders:
  • 3. Measurement • Use of information drawn from databases; often collected specifically for a project based on anticipated outcomes of project • Informative information collected; predesigned plan for its use has been determined • Information must be: relevant to project, and sensitive so that it measures real differences in project’s anticipated impact
  • 4. Measurement—cont’d • Unbiased and comprehensive information to capture scope and magnitude of project • Timely information required to measure impact of project • Value expressed by first identifying the stakeholder’s interest
  • 5. Measurement—cont’d • Project Manager – Must be clear about stakeholder’s needs and wants to establish appropriate baseline for comparison of outcomes – If project impacts patient care, must consider the patient’s perceptions – Measuring value: complex and requires considerable forethought and design
  • 6. Measurement—cont’d • Project Manager—cont’d – Will play multiple roles – Measuring value of impact in any project must be considered before project is initiated – Must understand genesis of the project – Needs to consider cultural context of the work – Must be strategic – Must function as planner, communicator, data analyst, and database administrator
  • 7. Project Evaluation • Definition: systematic collection of information about the activities, characteristics, and outcomes, in order to make judgements • Steps: – Considering the evaluation purpose – Identifying stakeholders – Assessing evaluation expertise – Gathering relevant evidence – <NLL>Building consensus
  • 8. Aligning Metrics with Project Aims • Projects vary in terms of the: – Magnitude and scope of the change – Stakeholders involved – Degree of linearity or complexity associated with the approach taken to manage the project
  • 9. Case Study Application • Project manager appointment based on community desire to be more heart healthy • Project aims • See Table 13-1 • Information management plan
  • 10. Principles of Project Evaluation Methods • Project Evaluation – Effort made to measure impact of project-based change – Value proposition to be measured derived from stakeholders – Project manager responsibility: measuring impact of project objectives or aims
  • 11. Principles of Project Evaluation Methods—cont’d • Program Evaluation—cont’d – Diligent investigation of program’s characteristics and merits to provide information about its effectiveness in optimizing outcomes, efficiency, and quality of health care – Appraises achievement of a project’s goals and objectives and extent of its impact and costs
  • 12. Principles of Project Evaluation Methods—cont’d • Project and Program Evaluation – Major task: to identify a program’s merits – Methods used to capture data include both quantitative and qualitative strategies – Quantitative methods include approaches that measure impact through mechanisms – Qualitative data provide a rich context for evaluating project impact
  • 13. Information Dissemination: Roles and Responsibilities for Communication • Information Dissemination – Face-to-face communication: helpful, but insufficient for data presentation – Charts, survey tools, graphs, and other means to display data to fully reflect impact of project during its implementation, conclusion of intervention, and to monitor post-intervention effectiveness and restabilization
  • 14. Information Dissemination: Roles and Responsibilities for Communication —cont’d • Presentation of feedback through quantitative and qualitative data offers opportunity for project leader to: – Anticipate risk – Integrate findings with lived reality – Communicate a sense of purpose to stakeholders – Design plans for improving project past its due date and weaving it into fabric of the work of the organization
  • 15. Information Dissemination: Roles and Responsibilities for Communication —cont’d • Information Dissemination – Statistical process control charts: helps to determine impact of the change and resets new and improved standard – Final report (summary email): closure event to mark achievements – Run charts with notes attached: denotes accomplishments
  • 16. Tools of the Trade • Tools of the Trade – Statistical process control software: control chart that emanates from statistical process control documents change and variability – Graphic presentation of data: dashboard presentation compares and contrasts metrics into a single document
  • 17. Summary • Value obtained by knowing specific stakeholder wants and needs related to project. • Can vary widely; often include access to service, cost-effective delivery of service, satisfaction with project’s outcomes. • Metrics encompass art and science of measuring value.
  • 18. Summary—cont’d • Metrics must be informative, relevant, unbiased and comprehensive, action oriented, performance targeted, and cost effective. • Projects vary in complexity and the metrics will vary accordingly.
  • 19. Summary—cont’d • Metrics can include both quantitative and qualitative data, which are complementary concepts; whereas the former provides information about specific points of achievement, the latter provides context. • Project leaders accountable for fair and honest representation of project and should be prepared to reveal progress toward project’s aims, as well as unanticipated outcomes (positive and negative).
  • 20. Summary—cont’d • Project leaders should use decision science tools, such as those associated with statistical process control and dashboard mapping to represent their work and to adapt projects as needed. • Data should support the project from before the onset of the project through to project stabilization, until the work is sustained as part of the way work is done.