Transcription of 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.. 6 V. List of KPI Mistakes .. 6 VI. KPI Examples .. 6 Construction KPIs: .. 6 KPIs for Project Management .. 10 Performance Reporting.
The development of KPI metrics help to create measurement systems, information systems throughout the organization. When building KPI system, you should note the following factors: Do not create too many, KPI be built around 3-5 KRAs (Key Result Areas). KPI should change to suit each stage (depending on your goals). ...
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