What types of metrics can you use with PPM software? At Rego Consulting, we typically break metrics up into six categories that encompass everything from projects to resource management.
6 Metric Categories Will Increase ROI on PPM Software
We’ll give you 42 examples of metrics shortly, but first let’s look at some of the metric categories we see in organizations.
Time (Not Project Related)
We often see companies tracking the number of projects or the percent of projects with current status reports. It’s also traditional to measure the percent of projects that have a forecasted budget and are in line with their budget.
You might want to look at milestones and some kind of burn down, like the number of baselines. If you had a project with ten different baselines, there’s been quite a bit of change, including scope changes that have been approved. A metric like this will point you toward drilling down your requirements, so you don’t have so many baselines.
In the infographic below, we list 42 metric options you can use to increase the ROI on your PPM software. The great news? There’s no right answer, and there’s plenty to choose from.
What metrics do you use? We’d love to hear your experience in the comments below.
If you liked this post, check out this BrightTALK from Daniel Greer, President of Rego Consulting and stay tuned for our next series, “Out-of-the-Box Metrics to Help You Improve Performance.”
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