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Project schedule variance (PSV)
Strategic perspective
Operational processes and supply chain perspective
Key performance question this indicator helps to answer
To what extent are our projects delivered on schedule?
Why is this indicator important?
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 services.
Projects therefore make up a large part of what companies do, which makes it ...
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