What metrics do you use to measure project performance

Question

I want to make sure I’m measuring project performance effectively. What key metrics should I track to understand how well a project is doing?

Answer 1

Tracking essential project KPIs ensures continuous improvement and performance monitoring. I focus on:

• Schedule Variance (SV) – Measuring if the project is ahead or behind schedule.

• Cost Performance Index (CPI) – Evaluating budget efficiency.

• Scope Adherence – Tracking the percentage of completed deliverables against the intended scope.

• Quality Metrics – Monitoring defect rates, rework levels, and testing results.

• Stakeholder Satisfaction Scores – Collecting feedback through surveys.

• Team Productivity Metrics – Assessing engagement, task completion rates, and Agile velocity.

• Return on Investment (ROI) – Measuring the financial and strategic impact of the project.

Continuous KPI monitoring ensures that projects stay on track and provide maximum value.