KPI of the Day – Project Mgmt: % Time spent on new project developments
Definition
Measures the percentage of time spent on the development of new projects, out of the amount of time spent for all project developments.
Posts Tagged ‘Portfolio and Project Management Performance’
Do we really need organizational performance management?
Performance management, at least at the employee level, has received serious criticism from multinationals such as Microsoft, General Electric, Adobe, Goldman Sachs Group and Google, in the past 5 years. The traditional ranking system and KPI measurement used in the appraisal process provided little added value for the organization, for managers or for the individual. Practice has proved that a measurement system is merely a promise of improvement.
KPI of the Day – Project Management: % Project schedule variance
Definition
Measures the variance in terms of schedule, highlighting the percentage of work that is yet to be completed as per project schedule.
KPI of the Day – Project Management: # Conflicts arising during the project
Definition
Measures the total number of conflicts that have arisen within the project team throughout the project period.
KPI of the Day – Project Management: % Project budget overruns rate
Definition
Measures the actual cost of the projects relative to the initial estimation of costs.
