One of the most important Key Performance Indicators (KPI) is improving performance and raising ROI for all business stakeholders: owners, investors, board of directors, top and med-level management, employees, solution or service providers, and society.
KPI is a measurable value that demonstrates how effectively an enterprise is achieving key business objectives. Well-established organizations usually use KPIs to evaluate their success at reaching targets.
Therefore, professional business leaders should take in account the strategy plan, the related initiatives, wants and needs, short- and long-term business objectives, the responsible project manager(s). Project manager should be able to draw up and execute detailed, clear and doable Project or Program Management Plan with SMART KPIs: Specific, Measurable, Attainable, Relevant, and Time-bound.
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