Wes Lowe

About Wes Lowe

My name is Wes Lowe. I am a competitive Business Analytics executive that optimizes performance, driving revenue and profit growth, through the power of analytics.

Staying on Track with Project Metrics

What measurements drive your actions?

If you’re like me, you are constantly measuring all aspects of your daily activities. Did I clear my “to do” list by the end of the day?  How many connections do I have on LinkedIn? Did I hit my exercise goals for the week?  Did I meet expectations, exceed expectations or do I still need improvement? Probably yes, yes and yes.  We use these metrics to determine success in all areas of our life. These metrics are no different for the companies we work with. Most of you are probably familiar with the frequently mentioned mantras such as “What gets measured gets done” or “Measure what matters”. There is some truth in these popular sayings, but how we use these “measures” is what truly drives results. Since projects or initiatives make up a significant part of what we do, it’s important to have appropriate quantitative and qualitative measures that tie to the overall objectives, to ensure we stay on track and realize the project goals.

We are wired to keep score

Perhaps the easiest way to accomplish score keeping is by using numeric data to track our achievements. Using visual representations to show progress in a team environment for tasks, milestones or timelines can be a very effective way to highlight the status of a project.  It is important to show progress; it provides motivation, boosts team morale and keeps focus on the work in front of the team. However, while it is important to understand the number of tasks or activities that have been completed or where we are on the project timeline, this could be misleading. If progress is being made at the expense of quality, we may need to rethink our approach.

Measuring the quality of the work being delivered provides a […]

By | 2018-04-23T10:32:45-04:00 January 8th, 2016|Categories: Blog|Tags: , |1 Comment