article thumbnail

How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. Now, it's time for Economies of Scale and how that ties into resource efficiency thinking. Ignorance of the flow metrics.

Metrics 63
article thumbnail

A Quick Guide to Essential Project Management Metrics

Epicflow

When managing a project, it’s vitally important to regularly monitor its state: whether or not it has deviated from the approved schedule and budget; how much work has been completed and how much is left; how efficiently your resources are utilized, etc. What are these metrics, what are they used for, and how to calculate them?

Metrics 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Assessing Change Management Effectiveness: Essential Metrics

Epicflow

In this article, we’ll consider some essential metrics that can be used to assess the fruitfulness of change management efforts. . To assess the organizational performance, the following metrics can be used: . The assessment of individual performance may include the following metrics: . Change management performance .

Metrics 52
article thumbnail

The Chief Project Officer: Roles and Responsibilities

Epicflow

In addition, their focus on effective resource allocation, stakeholder engagement, and change management contributes to enhanced operational efficiency, increased agility, and improved project outcomes. One of a CPO’s tasks is to ensure optimal resource allocation across a company’s critical projects.

52
article thumbnail

Startup Businesses with Professional Consulting Services

Business Consulting Agency

Operational Efficiency and Scalability Efficient operations are critical for startup success, especially as businesses scale and expand. Consulting services optimize operational processes, supply chain management, inventory control, and resource allocation.

article thumbnail

Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

These metrics provide the foundation for more outcome-oriented engagements, leveraging real-time data to secure contracts, monitor progress, and demonstrate the value of client investments. Which Metrics Are Essential for Professional Services Firms? For project-centric firms, profit margins rank among the most crucial KPIs.

article thumbnail

HR Metrics: How to Calculate Cost Per Hire

The Clever Consultant

Cost Per Hire (CPH) is one of the most common HR metrics used to measure recruiting effectiveness. That’s because it’s insanely simple to calculate – just add up your total recruiting costs and divide them by number of new hires for a given period.

Metrics 100