Why KPIs Fail: Common Pitfalls & How to Fix Them | vCare Project Management

Why KPIs Fail: Common Pitfalls & How to Fix Them | vCare Project Management

❓ What does it mean when key performance indicators (KPIs) don’t provide the expected information? Share your thoughts in the comments! 👇
KPIs are designed to measure success – but what if they mislead rather than inform?
In Episode 5 of Managing High-Stress Projects Q&A, I had a thought-provoking discussion with Tom Witterholt on why KPIs often fail and how leaders can avoid common measurement mistakes.

💡 Key Takeaways from Our Discussion:
✔ KPIs are rarely perfect on the first attempt – continuous refinement is critical
✔ Unexpected results? They might highlight real performance issues or flawed metrics
✔ Qualitative vs. Quantitative Data – choosing the right measurement approach is key
✔ Hidden factors matter – some root causes go beyond surface-level indicators
✔ Bad KPIs exist – some metrics may be impractical, misleading, or unmeasurable

🎙️ Featuring: Tom Witterholt – A global leader in defense, aerospace & high-stakes industries, with 34+ years of expertise in program & portfolio management.

 

▶️ Missed previous episodes? Catch up here:
🔹 Episode 1: https://www.youtube.com/watch?v=rHiS2b5KbLU
🔹 Episode 2: https://www.youtube.com/watch?v=zoCsxJlpX40
🔹 Episode 3: https://www.youtube.com/watch?v=qu6it2iI-oY
🔹 Episode 4: https://www.youtube.com/watch?v=8byK66ZNb6w

🎥 Explore the full series: https://www.youtube.com/playlist?list=PLkenR4lGWpuEvVUKDBb_Ma7Q7kfXTLYXq

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💬 Have you ever worked with a KPI that didn’t tell the full story? Drop your insights in the comments! 👇

 

#KPIs #Leadership #ProjectManagement #PerformanceMetrics #Strategy #HighStressProjects #PgMP #PfMP #AskDharam #DharamSingh #TomWitterholt #vCareProjectManagement

 

Setting the Right Course with Metrics: A Guide for Success

Setting the Right Course with Metrics: A Guide for Success

🎯 Setting the Right Course with Metrics: A Guide for Success 🎯

In the intricate dance of project management, selecting the right metrics is akin to setting the compass for a voyage. I want to share a straightforward approach to pinpointing the metrics that resonate with your project’s true north.

1️⃣ Start With Clarity: Begin by crystallizing the project’s goals. What are we aiming to achieve?
2️⃣ Identify Key Success Elements: What milestones must we reach that spell success?
3️⃣ Measurement Matters: Devise a strategy to gauge each achievement. How will we know we’ve arrived?

Choosing the right metrics is crucial for project success. Start with clear goals, identify key elements, and devise measurement strategies. Metrics are vital for navigating uncertainty and achieving project mastery.

How to choose the metrics

Adhering to these steps can navigate your project through the murky waters of uncertainty toward the lighthouse of success. Metrics are more than numbers; they’re the heartbeat of progress, the rhythm of innovation, and the pulse of accomplishment.

Dive into aligning your project’s compass with the right metrics. Your journey toward project mastery is just a measurement away.

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