A strategic plan should deliver more than just a document that sits on a desk collecting dust – it should deliver a strategy that drives real action and real change. It’s about bringing stakeholders – management, staff, vendors and customers – together in more efficient and effective ways.
Darby Consulting has identified top reporting challenges faced by project teams and senior leadership based on an array of measurement and project management projects completed by the firm and its consultants. The same top challenges were identified across multiple industries and project types.
Projects Need Better Measures Today’s climate of corporate downsizing, restructuring and transformation are requiring project managers everywhere to streamline reporting processes and improve efficiency. Teams are frequently overwhelmed by requests for status updates and executive reports that take too much time to create and result in little to no change in project performance.
Last week’s project measurement article examined the importance of identifying critical success factors (CSFs), which is the first step of Darby Consulting’s Performance Improvement Framework (PIF) for implementing performance measurement initiatives
Last week’s project measurement article uncovered how to use frameworks to provide clear direction on how a measurement initiative will deliver results. Also introduced was Darby Consulting’s Performance Improvement Framework (PIF) for implementing performance measurement initiatives.
Setting out on a path to improve project performance can be a rewarding opportunity to learn more about yourself, your team and your organization. It can also yield benefits for everyone involved – from possible career promotions to better team and organizational performance.
Business professionals are well versed in management concepts like the Balance Scorecard and key performance indicators (KPIs); however, new language is being introduced that further advances performance metrics. Key result indicators (KRIs) is one example of an emerging concept and this article attempts to explain the nuance between KPIs and KRIs.
There are many everyday examples of our romance with measurement. Our desire to measure is innate to who we are as human beings – we like data. Whether we’re watching the scoreboard at a baseball game, reviewing the test scores of our children or tracking how many steps we’ve walked in a day on our Fitbit – it is clear we like to measure – and we hopefully have a bend toward improving performance based on our measures.
Measurement is essential to improving performance and project delivery. Do you ever wonder how some PMOs and project managers can so consistently deliver projects on time, on scope and within budget? Many of the best organizations, project management offices (PMOs) and project managers are practitioners of measurement.