Of course, the schedule and budget are important. If the project schedule is not important, ask your colleagues to call you two years later when the project ends :).
Tracking the project budget may not really seem very important, for example, if the employees on the project team combine the project activity with their main work activity and they are already paid a salary for it.
Why does the project exist? Read the project charter. The statute describes how the project is organized, goals, advantages, possible deliveries were described, as well as the project was sponsored by whom. Each of the benefits or deliveries must have one or several key performance indicators (they must be measurable, realistic and achievable).
Benefits or supplies - if they materialize, they continue to accumulate in the course of the project. In the context of the project, CPI-oriented benefits or deliveries are very important indicators. They are the answer to the question - “Do the products or services produced by the project have any value?”
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For a project manager, in most cases, producing something valuable may be much more important than being within a schedule or budget. Thus, even if due attention is not paid to managing the project schedule and budget, you can track the value of the project.
Also, one of the key indicators that can be monitored is resource utilization. Try to track how much resources are actually loaded in the course of the project?
If possible, try to track the quality, the number of defects per work package, the number of iterations per development, etc. In fact, these indicators are artificial and they do not directly affect the schedule and budget, so here you have complete freedom.
What about risk tracking? Of course, most of the risks associated with the budget and schedule. But still it is worth looking around - perhaps adverse events may come from a completely different side.
As a result, I want to summarize some indicators that can still be tracked in addition to the schedule and budget:
• Supplies
• Resource congestion
• Quality
• Number of defects
• Number of iterations
• Risks
• Customer Satisfaction
•…