Performance Review

Performance Review

Performance review, post completion audit, is a feedback device it is a menace for comparing actual performance with project performance. It may be conducted, most appropriately, when the operations of the project have established. It is useful in several ways:

1. It throws the light on how realistic were the assumptions underlying the project.
2. It provides a documented log of experience that is highly valuable for decision making;
3. It helps in uncovering judgmental biases;
4. It includes a desired caution among project sponsors.