Chapter 14
Project schedule variance (PSV)
- Why: To better understand whether your projects are on schedule
- What: To measure the proportion of projects on or behind schedule
- When: When project performance matters
- The question this indicator helps you to answer: to what extent are our projects delivered on schedule?
Why does this KPI matter?
Most strategic or change initiatives in companies are delivered in projects. Projects are temporary concerted efforts to achieve specific goals or objectives. Projects usually have a defined beginning and end as well as a defined budget. In fact, projects encompass every initiative in a business that is not ‘business as usual’ (or operations), which is the permanent functional work to produce products or ...
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