Key Performance Indicator (KPI)

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Project Management Key Performance Indicator (KPI) Overview By: Michael McCormick October 21, 2013 2013 Key Performance Indicator (KPI) DLC Project Management Page 2 Prepared By: Michael McCormick Contents KPI Overview ........................................ ........................................ .......................... 3 I. Characteristics of KPI ........................................ ........................................ .......... 5 II. Requirements of a KPI: ........................................ ........................................ ....... 5 III. How to design a KPI? ........................................ ........................................ ......... 5 IV. Key Result Areas.

Each task involves resource. Each resource is related to cost. Each task needs time for completion. Therefore Earned Value Analysis or Management is the tool that we usually used to measure these three key performance areas. The following are some sample of KPIs related to Project Management (or Earned Value elements):

  Performance, Samples, Indicator, Resource, Key performance indicators