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Key Performance Indicator (KPI)

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.. 6 V. List of KPI Mistakes .. 6 VI. KPI Examples .. 6 construction KPIs: .. 6 KPIs for Project Management .. 10 Performance Reporting .. 11 Work Performance Information .. 11 Project Execution Outputs Work Performance Information .. 12 Baseline Start Date .. 14 Baseline Finish Date .. 14 Technical Performance Measurement or Indicators (TPM/TPI) .. 14 TPM Example .. 15 Measurement Methodology, Inspection & Acceptance Example.

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 ...

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