Upload
faizan-ahmad
View
213
Download
0
Embed Size (px)
Citation preview
7/30/2019 Define Your Project Goals and Success Criteria
1/3
Define your project goals and success criteria
By Jane Suchan, PMP
Defining project success seems simple deliver on time and on budget. But are those really
the success factors that are most important to your customer, the project sponsor? Isn't it more
important that the project deliver tangible business results?
As a project manager, you may think that delivering business results isn't your concern that
it's the customer's problem to solve. A standout project manager, however, is one that takes
the time to partner with the customer, understand the business drivers, and care enough to
ensure that the project they lead delivers the business results for which it was designed. That is
project success.
Key performance indicators
Delivering a successful project starts with taking a step back and understanding business
drivers: the problem or opportunity that precipitated the project. Key performance indicators
(KPIs) (sometimes called key success indicators, or KSIs) is a common term for criteria used to
measure the benefits of a project. The KPIs are the reason that the project was launched, and
they should be foremost in your mind when you are scoping the project and setting project
goals. These project management indicators are:
Established by the customer at the beginning of the project and listed in order of priority. Directly related to and supported by business goals. Able to provide the basis for critical decision-making throughout the project. The basis on which the product will be accepted by the customer at the end of the project. Measurable.
If a KPI is going to be of any value, there must be a target and a way to accurately quantify it.
"Increase sales" is useless as a KPI without some way to distinguish between today's sales
figures and the target figures. A more effective KPI would be "Increase same-store year-over-
year sales by 15%."
It would be optimal if the customer handed you a list of project goals and success criteria when
you were brought on board as the project manager. But more often than not, it falls to you to
work with the customer to define them. You may need to push and prod a bit to get the
information you need, but without it, you're operating in the dark.
http://office.microsoft.com/en-us/project-help/define-your-project-goals-and-success-criteria-HA001211137.aspx#BMabouttheauthorhttp://office.microsoft.com/en-us/project-help/define-your-project-goals-and-success-criteria-HA001211137.aspx#BMabouttheauthor7/30/2019 Define Your Project Goals and Success Criteria
2/3
Define your project goals and success criteria
You should ask the customer several questions:
"What does success look like?" "How do I know I've completed the project?" "How do I know I've done a great job?" and finally, "How will all this be measured?"
You'd be surprised at how many project sponsors are stumped by these questions, which is all
the more reason why you should ask before the project work proceeds. Answers to these
questions become the backbone for project goals and success criteria.
Establishing the goals of the project will answer the question, "How do I know I'm done?"
because goals should clearly state (at a high level) what the project will deliver. Project goals
should be easily understood and should directly support the KPIs.
The project success criteria can then be derived by answering the question, "How do I know I've
done a great job?" Just checking off tasks on the project schedule isn't enough. The success
criteria speaks to the quality of the completed job and specifics about how the goals are met.
After they're defined, you should revisit the success criteria throughout the project life cycle to
ensure that the project is on track to meet the goals.
EXAMPLE
KPI: Reduce infrastructure costs by 10% by consolidating servers into one centralized data
center.
Project goal: Move 25 servers from Location A to Location B.
Project success criteria:
Move completed by end of Q4 Location A vacated and lease cancelled by Nov. 30 No customer downtime during regular business hours, MF, 8:00 A.M. to 5:00 P.M. Pacific Time
GOING THE EXTRA MILE?
Let's talk a moment about "gold plating," the practice of exceeding the customer's
expectations. It may be tempting to go the extra mile to make the product even better, to beat
the KPIs, or exceed the project success criteria. However, this is a quick way to increase scope
and negatively affect your project schedule and budget. Don't let the urge to do better than
100% trip you up. This is not to say that you shouldn't speak up if you have a great idea. If you
7/30/2019 Define Your Project Goals and Success Criteria
3/3
have ideas about making the product better, discuss them with the customer and be prepared
to quantify how these ideas will affect the project if they are implemented.
Measuring and reporting
You should regularly measure and report three standard project reporting criteria. The firstcriterion is time, which you can measure by tracking milestones and variance from projected
completion dates. The second one is cost, which you measure by tracking the amount of effort
and money expended. The third one is progress toward goals and success criteria. Measures for
all of these three criteria should be included in status reports to stakeholders.
You can measure and report some project success factors throughout the life of the project. In
the preceding example, you could measure and report progress toward the goal of moving 25
servers by starting with the first server moved. You could include this information in the regular
status updates that you provide to your stakeholders and project sponsor. You may want to
develop a scorecard or dashboard to make it easy for everyone involved in the project to
understand where things stand.
Reporting progress along the way allows both the project team and stakeholders to see
progress toward meeting agreed-upon goals. Not only does this show how far the team has
progressed, which can be a morale booster, but it also clearly shows how far they have to go,
which can be motivating.
When the project is completed and the end product transferred to the customer, they will
measure success based on the KPIs. If you have done the same along the way, success is
ensured.