Measuring Success for your Projects and Business

Measuring

Success (Business & Projects)

Author: Carl Phillips

www.8020consultations.com

http://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



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



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)



KPI Examples

Executive Level:

- Project/Programme slippage

- Financial (Spend versus Forecast,

Overall Spend)



Maturity Model – Improvement Cycle



Project/Programme Toolkit

One stop shop for project needs (templates, guidance,

management processes) moving forward



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



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


