Discover which KPIs are needed for efficient business growth and how to measure them
As an architecture or engineering (A&E) firm, you already understand the importance of monitoring the key performance indicators (KPIs) relating to your employees and their job roles. However, it is just as important to monitor relevant business and project KPIs so that you have a 360-degree view of performance at the organisational and project levels.
The A&E firms that we surveyed confirmed that business growth and profitability are a focus for them, and they were considering several different strategies to help them meet their objectives:
- 30% of firms believe that the automation of their month-end process would significantly increase their profitability.
- Firms planned to focus on controlling the ever-increasing cost of running their business to protect their profit margins:
» Reducing expenses (28%)
» Balancing employee/cost ratio (28%)
» Increasing control of costs – purchases and approvals (25%)
To meet your growth and profitability objectives and goals, it’s important to know what success looks like and whether you are making the right level of progress.
This guide covers the top KPIs you should be measuring – as identified in the 6th Annual Deltek Clarity UK Industry Study. These include KPIs for monitoring growth and financial performance, project delivery and human capital management. Monitoring these KPIs will enable you to accurately assess the performance of your business, people and projects.
