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KPI information boards. A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [2]
Overall labor effectiveness (OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality.
when project teams are needed, people are simple selected based on their availability and not on their specific knowledge and skills; estimations are supported with statistical data per project; statistical data (metrics) are calculated for individual projects for each deliverable; communication often only takes place within the project teams
A project management information system (PMIS) is the logical organization of the information required for an organization to execute projects successfully. A PMIS is typically one or more software applications and a methodical process for collecting and using project information.
Business performance management (BPM) (also known as corporate performance management (CPM) [2] enterprise performance management (EPM), [3] [4] organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.
In 1979, EVM was introduced to the architecture and engineering industry in a Public Works Magazine article by David Burstein, a project manager with a national engineering firm. [11] In the late 1980s and early 1990s, EVM emerged more widely as a project management methodology to be understood and used by managers and executives, not just EVM ...
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