One of the most important aspects of project management is measuring progress and success. This is done through key performance indicators (KPIs) and objectives.
There are three general types of KPIs:
Financial KPI- Financial KPIs measure the financial efficiency of a project. They can be in the form of ROI, cost-benefit analysis, or time to break-even.
Project Management KPI- Project Management KPIs measure the effectiveness of project management practices. They can be in the form of schedule adherence, cost control, or quality assurance compliance.
Business KPI- Business KPIs measure how well a project fulfills its business objectives. For example, if a company has set a goal to increase sales by 15% over the course of six months, then
There are three general types of KPIs:
Financial KPI- Financial KPIs measure the financial efficiency of a project. They can be in the form of ROI, cost-benefit analysis, or time to break-even.
Project Management KPI- Project Management KPIs measure the effectiveness of project management practices. They can be in the form of schedule adherence, cost control, or quality assurance compliance.
Business KPI- Business KPIs measure how well a project fulfills its business objectives. For example, if a company has set a goal to increase sales by 15% over the course of six months, then