Ecommerce Ebook EN V2 (2) - Flipbook - Page 28
5- K EY PERFORMANCE
INDICATORS FOR PROJECT
MANAGEMENT
Key performance indicators for project management provide
insight into how well your teams are performing and completing
specific tasks. Each project or initiative has different goals, and
must be managed with different processes and workflows.
Key performance indicators for project management include:
• Hours worked: The total hours worked tells you how much time a
team put into a project. Project managers should also assess the
variance in estimated vs. actual hours worked to better predict
and source future projects.
• Budget: The budget indicates how much money you have
allocated for specific projects. Make sure that your budget is
realistic; if you’re repeatedly over budget, some adjustments to
your project planning need to be made.
• Return on investment (ROI): The ROI for project management
tells you how much your efforts earned for your business. The
higher this number, the better.
• Cost variance: Total cost against predicted cost. This will help
you understand where you need to reel it in and where you may
want to invest more.
KEY PERFORMANCE INDICATORS
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