Measuring Success for your Projects and Business
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Measuring Success for your Projects and Business
- 1. Measuring Success (Business & Projects) Author: Carl Phillips www.8020consultations.com
- 2. Measuring Success – Why? Supports vision and strategy Keeps us focused on the big picture Defines and maintains standards - Drives appropriate behaviour - Measures progress - Adds value - Increases the chances of success - www.8020consultations.com
- 3. More With Less Measuring Success: What does success mean for the Project Team/Business? Measure, track and implement supporting process Strategic Direction: Make strategy happen Manage change to get there Improve: Productivity Project and Programme performance Project and Programme approach www.8020consultations.com
- 4. Key Performance Indicators - Focused High impact Targeted and measure cash releasing/time saving benefits/initiatives Support overall strategy and aims SMART based (Specific, Measurable, Achievable, Realistic, Timely) www.8020consultations.com
- 5. KPI Examples Executive Level: - Project/Programme slippage - Financial (Spend versus Forecast, Overall Spend) www.8020consultations.com
- 6. Maturity Model – Improvement Cycle www.8020consultations.com
- 7. Project/Programme Toolkit One stop shop for project needs (templates, guidance, management processes) moving forward www.8020consultations.com
- 8. We Must Reduce: Duplication of effort Unnecessary drain on stretched resources Time spent initiating, measuring and managing Mistakes Develop & Utilise: Standard reporting, processes and procedures Skills and capabilities Controls What we do well www.8020consultations.com
- 9. For More – Contact 80/20 Consultations Ltd (www.8020consultations.com) PMO & Project Toolkit Setup/Consulting: Simplify Your Projects and Make Managing Them Easier Standard Templates and Processes to Match Your Needs Reduce Unnecessary Drain on Stretched Resources Increase Project Success Productivity and Process Improvement Consulting: Achieve More Focus Resource and Effort on What Matters Most Improve Business Approach to Email and Meetings Increase Your Chances of Business Success www.8020consultations.com