Measuring Success for your Projects and Business

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Increase your chances of both project and business success.

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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 LessMeasuring 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)

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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 MustReduce:

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