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.
Posts Tagged ‘KPI’
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.
KPI of the Day – Utilities: # Power plant load factor
Definition
Measures the ratio of the total power generated (MWh) to the operating capacity over a designated period of time.
Using meaningful KPIs for measuring performance
Have a look at your indicators that you use now – for targets setting and measurement. Is what you measure the right thing to measure? Do you measure something meaningful for your organization?
Linking Big Data Visualization to the Value of KPIs
Given that we live in a time of data and information overload, we really need to have better mechanisms to make sense of it all. Data visualization supports the transfer of information to knowledge by illustrating hidden issues and opportunities in big data sets.
