Project management is quite a rigorous and complex task. You have to monitor project growth, allocate resources, manage risks, and review processes. Precise project monitoring is an essential part of the project management cycle. It focuses on tracking the growth and performance of the project and the team. A good project management KPI can help you monitor the status of your projects and measure their performance. There are several factors that can help you improve your project management KPI. In her article for GreyCampus, Jenny Brown shares how you can efficiently improve your project management KPI.
Tips to Improve Your Project Management KPI
Devise a Strategy to Instill Your Project Management KPI
It is crucial to develop a strategy before you start your project. A project has various aspects that are inherent to its overall success. Make sure your project strategy focuses on all of them.
Conduct Regular Meetings
Conduct regular meetings with your team and measure the growth of the project at regular intervals. Doing this will help your team be aware of the changes. It will also give them opportunities to voice their opinions and concerns.
Keep Senior Executives in the Loop
Most project managers inform senior officials about the achieved milestones but do not discuss the current project status. Doing so will increase a sense of transparency among staff and senior leadership. Besides, a report management mechanism will also help you get honest feedback regarding the project.
Abide By the Plan
Once you devise a plan, discuss it with your team, and come up with ideas to implement it effectively. Look for ways to measure your project metrics and inform your team about them. Use technology and necessary tools to reduce repetitive work so you can focus on decision-making tasks in a better way.
Click on the link to read the original article:
https://www.greycampus.com/blog/project-management/top-4-project-monitoring-steps