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 ........................................ ........................................ ............... 5 1. Definition of Key Result Areas (KRA).

21. No. of activities starting on time - The time schedule accuracy in estimating the start time of each activity. 22. Cost per km - Design, construction, maintenance and administration costs per km of various infrastructures 23. % Cost predictability - Measures the rate at which the actual construction costs meet the estimated construction ...

  Construction, Estimating