Need Help with My Project on KPIs for a Construction Company – Any Guidance?

Hi,

I am Honey, a student from one of the top business schools in India. As a part of academics, I am doing a project on KPIs for a construction company. It would be very helpful to me if anyone could assist me with how to proceed with the project.

Thank you,

With regards,
Honey

Honey,

Key Performance Indicators are quantifiable measurements, agreed to beforehand, that reflect the critical success factors of an organization. They will differ depending on the organization.

KPI's reflect the organizational goals. In simple terms, if an organization aims to increase sales to a certain quantity, then the Key Performance Indicators will include the number of sales closed in a month, number of products sold, and the percentage of increase in sales from the previous year.

So, while working with KPI's, you should have a full understanding of the goals and objectives of that organization. Try to understand the goals and work on them by defining Key Performance Indicators to achieve each goal and objective of the organization.

In a construction company, the goals generally revolve around maximizing the number of projects, maximizing profit, cost reduction, quality commitment, and timely delivery of products, among others.

Choose one goal and provide a breakdown of all the key performance indicators required to achieve the set goals and objectives of the organization.

Hope this response addresses your query.

Regards,

Hr. Khaiser Ali Shah

Thank you, Mr. Ali Shah.

Actually, I was confused at the start, like where to begin and how to proceed with it. You have shown me a path. I would request you to provide me with some more information if you can.

Thanks, With Regards, Honey.

Honey,

Please read this post carefully and go through each of the attachments, especially the comments made by Mrs. Simta. She has explained in more detail.

Link is no longer available

Regards,
Khaiser Ali Shah