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29 metrics for project management insights

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Based on a the full article written by JAMSO, these decks provide 29 definitive metrics that will provide all project stakeholders new insights. Your business may already measure some of these metrics, however the full list and range will stimulate new thoughts, improvements and ideas to boost performance.

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29 metrics for project management insights

  1. 1. 29 Insightful Project Management Metrics Goal Setting, Metrics, workshops, training and consultancy
  2. 2. Here are selected some less frequently used project metrics to help your management, leadership and business generate new project insights. Not all these metrics are needed, select the mix that works best for your business development phase. PROJECT INSIGHTS Goal Setting, Metrics, workshops, training and consultancy
  3. 3. On an annual basis conduct a review of all the following 29 metrics 1. Agree at least 1 new project manager level metric 2. Agree at least 1 new project governance level metric 3. Agree at least 1 new finanicial metric 4. Agree at least 1 new strategy performance level metric HOW TO TAKE ACTION Goal Setting, Metrics, workshops, training and consultancy
  4. 4. 1. # of project completions per year 2. % of projects with non-positive ROI in year 1, 2, 3 3. % of successful projects 4. Deviation of net present value (NPV) 5. % of profitable projects 6. # milestones missed 7. # of templates and tools available for the project tea 8. % of “killed” projects 9. % of milestones missed 10. % time coordinating project 29 Insightful Project Metrics Goal Setting, Metrics, workshops, training and consultancy
  5. 5. 11. Avg. # of interdependencies per project 12. Break even time 13. Deviation of planned break-even time 14. Deviation of planned time schedule for project 15. Project manager turnover 16. # of approved methodologies used in project 17. # of conflicts requiring escalation outside of the project team 18. Average time to resolve issues (Internal + External) 19. Average annual project expenditures 20. Average project resource costs 29 Insightful Project Metrics Goal Setting, Metrics, workshops, training and consultancy
  6. 6. 21. # of changes to the cost baseline 22. # of workarounds required 23. % of accuracy of the cost estimate 24. Sum of costs of “killed” projects 25. # of milestones missed 26. # of unstaffed hours 27. % of projects “in control” 28. % of projects with scope changes 29. % of understaffed projects 29 Insightful Project Metrics Goal Setting, Metrics, workshops, training and consultancy
  7. 7.  How are your metrics linked directly to the goals, objectives, vision and mission of your business?  How do you identify and track trends of performance and measures within your existing metrics?  What is the frequency intervals of measurement and what benefits can be made from adjusting them or their scale of measurement?  What impact will the metric have on the business this week, month, quarter, year, 36 month period? Check List to avoid common metric mistakes: Goal Setting, Metrics, workshops, training and consultancy
  8. 8. www.jamso.dk Twitter @jamsovaluesmart For full details of this list click the link https://www.jamsovaluesmarter.com/blog/29-insightful-project-metrics ”Helping People and Business Peform” Contact JAMSO Now Goal Setting, Metrics, workshops, training and consultancy

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