A key performance indicator or KPI is a measured value indicating how effective an organization is in achieving its key business goals. In the context of project management, it demonstrates how successful the project was in benefiting all the people involved: stakeholders, customers, employees, and the community as well. Without KPIs, it would not be possible to assess the progress of the projects towards fulfilling the goals set. Here are six such key performance indicators [...]
Keeping a track of KPIs or Key Performance Indicators is absolutely critical to project management and success. In the absence of a system that tracks KPIs, it is nearly impossible to assess the progress of a project towards the predetermined goals.