This On Demand CEU is a recorded presentation from a previously live webinar event. Projects are the core of your architecture firm. Not only do they generate profits, but they are also at the center of your firm’s business operations. As such, doing everything you can to ensure their success should be one of your top priorities.
Key performance indicators (KPIs) track project success by measuring how your projects (or team, clients, and so on) are performing. Because each architecture firm has different goals and ways of working, your vital KPIs will vary from project to project.
Effective KPIs, regardless of project type, are:
*Well-defined and quantifiable
*Communicated thoroughly to every employee
*Crucial measurements for tracking the progress of your goals
*Applicable to your firm and industry
Within the world of project performance and finance, certain KPIs should always be used to monitor and improve your success.