Given that managing change is as much an art as it is a science, as a change leader you need to be armed with reliable information to demonstrate that your plans and programs are gaining traction. Measurement is essential because at the end of the day you can’t manage what you don’t measure.
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.