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Measuring
Success
(Business & Projects)
Author: Carl Phillips

www.8020consultations.com
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
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
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
KPI Examples
Executive Level:
-

Project/Programme slippage

-

Financial (Spend versus Forecast,
Overall Spend)

www.8020consultations.com
Maturity Model – Improvement Cycle

www.8020consultations.com
Project/Programme Toolkit


One stop shop for project needs (templates, guidance,
management processes) moving forward

www.8020consultations.com
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
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

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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