KPI of the Day – Project Management: # Project issues identified
Definition
Measures the number of new project issues that are identified and need to be addressed after the initiation of the project.
Our Websites
Get the opportunity to grow your influence by giving your products or services prime exposure with Performance Magazine.
If you are interested in advertising with Performance Magazine, leave your address below or contact us at: [email protected].
Measures the number of new project issues that are identified and need to be addressed after the initiation of the project.
Measures the numeric value that describes a project’s overall cost-related performance.
Initiatives management is not an easy step in the performance improvement process. It implies a proper tracking of the initiatives taken, which is usually a challenge for most organizations. Initiating projects may turn out to be easier than managing them afterwards, when the issues of time, money and talent available interfere in the process. If we add resources problems and poor project monitoring to other problems, then the future of the initiative is not hard to guess.
For some years now, the massive scale of IT based organizations has become a source of inspiration and best practices in driving growth for almost any other type of company around the world. What is specific for the IT&C operating model is the way of driving strategic value by working in a project based system.
In a previous article, I presented the strategic plan of IFMA, the international association for facility management professionals that provides global level educational programs and conferences in the field.
Another strategic instrument is the Portfolio of Initiatives. Initiatives or projects are the ones that help managers close the performance gap between actual results and targets. Taking actions is the first step to improvement.
Copyright © 2004-2018 The KPI Institute Pty. Ltd. All rights reserved | Terms of use | Privacy Statement | Cookie Policy
