Key Performance Indicators

A key performance indicator (KPI) is a major criterion against which a particular part of the project can be measured. A KPI can be a milestone which must be met, a predetermined design, delivery, installation, production, testing, erection or commissioning stage, a payment date (in or out) or any other important stage in a project. In process plants, KPIs can include the contractual performance obligations such as output or throughput, pressure, temperature or other quality requirements. Even when the project has been commissioned and handed over, KPIs relating to performance over defined time spans (reliability and repeatability) are often still part of the contractual requirements.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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