Key Performance Indicator (KPI) - McCormick PCS

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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) ........................................ ....................... 5 2. Importance of KRAs.

The development of KPI metrics help to create measurement systems, ... Low number is indicator of proper scheduling and reduces opportunity of human fatigue related events. b. % of man days lost due to strike. c. Total time lost by work late. d. Lost time due to non-fatal accidents or accidents per year.

  Development, Indicator