Asked by: Zachariah Rellan
asked in category: General Last Updated: 30th June, 2020

What metrics do you use to evaluate the success of a project?

Start here with 10 project management metrics to propel performance:
  • Productivity. This metric looks at overall capabilities of a company—how well it uses its resources.
  • Gross Profit Margin.
  • Return on Investment (ROI)
  • Earned Value.
  • Customer Satisfaction.
  • Employee Satisfaction Score.
  • Actual Cost.
  • Cost Variance.

Click to see full answer.


Similarly, you may ask, how do you evaluate the success of a project?

Let's look at the five items you should be evaluating.

  1. Schedule. Project management success is often determined by whether or not you kept to the original timeline.
  2. Quality. The end of a project phase is a good time for a quality review.
  3. Cost.
  4. Stakeholder Satisfaction.
  5. Performance to Business Case.

Similarly, what are project success metrics? Metrics for project success. Project metrics essentially are objectively measurable parameters pertaining to the project. They play a major role in project control. Traditionally the project metrics were focused on the project deliverable success measurement alone.

Similarly, what are the key metrics used to measure success?

The following are some hard success metrics to gauge your business's success:

  • The break-even point.
  • Leads generated and leads converted.
  • Sales indicators.
  • Net income ratio/profit.
  • Customers (new, repeat and referrals)
  • Employee satisfaction.
  • Your satisfaction.

How do you evaluate a project?

  1. Step 1: Review the situation. Evaluating a project is like taking a journey.
  2. Step 2: Gather evidence for the evaluation. This is a key part of the evaluation process.
  3. Step 3: Analyse the evidence.
  4. Step 4: Make use of what you have.
  5. Step 5: Share your findings with others.

32 Related Question Answers Found

What are the measures of success?

What are project success factors?

What are the main reasons for evaluating a project?


What are evaluation methods?

How do you measure value?

How do you measure success criteria?


How do you measure program outcomes?

What are the evaluation tools?

What is a KPI example?


What are the types of metrics?

What are examples of metrics?

What are the most important metrics to follow?


How do you measure KPIS?

What are key metrics?