NEW SMARTKPIS.COM REPORT RANKS THE TOP PROJECT MANAGEMENT KPIS OF 2011- 2012
May 16, 2013, Melbourne, Australia – The KPI Institute, the global authority on Key Performance Indicators (KPIs) research and education announces the launch of a new report in its 2011-2012 edition of its popular Top 25 series of reports. The series is based on research conducted through www.smartKPIs.com, which contains over 20,000 Key Performance Indicator examples, making it the world’s largest source of thoroughly documented KPIs.
Project Management refers to the planning, organizing and managing of resources to successfully achieve the goals of a project, within a specific timeframe. A project is a temporary endeavor with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables), undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value. KPIs refer to the quality of the implementation processes, as well as the quantitative outputs and outcomes of the project.
The “Top 25 Project Management KPIs of 2011-2012” report provides insights in the state of Project Management KPIs performance measurement today by listing and analyzing the most visited KPIs out of the more than 50 KPIs in this category on smartKPIs.com in 2011-2012. In addition to KPI names, the report contains a detailed description of each KPI, as documented in smartKPIs Premium.
Project Management KPIs are grouped into clusters such as Project Budget, Project Assessment, Project Timeline and Project Team Performance. From these subcategories Project Budget, Project Assessment and Project Timeline were the most popular of Project Management, in 2011. One of the most important benefits that this report brings is the international perspective it offers on the most popular KPIs for Project Management. Project Management KPIs provide quantifiable measurements of factors determined to be important for the successful implementation of Project Management strategies. The skill in applying KPIs is in the selection of the optimum number and appropriateness of KPIs. The top 5 Project Management KPIs in this report are:
- # Earned man-hours
- % Delivery deadlines met
- % Project resource utilization
- # Schedule performance index (SPI)
- # Cost schedule index (CSI)
By discussing the use of KPIs today, presenting the best practice in documenting them and listing the most popular KPIs of 2011, the Top 25 Project Management KPIs of 2011-2012 report is a valuable resource in promoting the informed use of KPIs or refreshing the existing performance measurement and management practice in any organization.
According to Aurel Brudan, The KPI Institute’s CEO “The Top 25 Project Management KPIs of 2011-2012 report is a synthesis of what smartKPIs.com is all about: it provides an overview of how Project Management KPIs are used in practice today, by combining input from the online community with analysis and insights from our research team.”
http://www.smartkpis.com is the leading online platform for performance management knowledge integration, hosting the largest database of thoroughly documented KPI examples available on the web today. It offers high quality resources and collaboration functionality for the community of members, assisting them in making smart decisions regarding their performance management initiatives. Registration is free and enables research, learning and interaction as part of a growing community of members from over 190 countries and territories.
ABOUT THE KPI INSTITUTE
The KPI Institute is a research, publishing and educational provider specialized in developing better practice in the use of KPIs. It developed the KPI Management Framework and runs five main research programs, dedicated to performance management, the Balanced Scorecard, KPIs, analytics and organizational strategy. Over the last 8 years, The Institute assisted over 5,000 organizations in finding solutions to their KPI needs.
Cipriana Turcanu, The KPI Institute, Tel: +61 3 9670 2979, Email: [email protected]