As are helpful for the business users

As mentioned earlier, cost, quality and time are the three KPI’s used for project evaluation. These KPI’s can show huge deviations based on several factors such as project life cycle phase, perception of people evaluating projects or its industry. Each organization would be having organizational stakeholders, product stakeholders and capital stakeholders. Each of these stakeholders would be having different sub groups and they have different expectations from the organizations. These groups may work directly with the project and some groups may not be aware of the project at all. Still, the project’s performance will directly or indirectly influence the satisfaction of stakeholders. The project’s performance also differs based on the project life cycle stage. There are lots of KPI’s behind the classical three KPI’s. Satisfaction of Stakeholders and contribution of organizational goals are some other KPI’s useful for project performance.Project PerformanceEnterprise performance is very critical in order to sustain in the market. Well performing enterprises are able to sustain in the market with competitive advantage. Project management plays a critical role in order to provide best outcome for the gains of an enterprise. Project manager takes care of set of tools to be used by the project team and resources. Project manager also select the method for the project implementation i.e. Agile, waterfall and DevOps. Well managed project provides best results which helps an enterprise and its customers. Enterprise gets best set of tools which are helpful for the business users and customers get best products and services with the successful implementation of the project.  Current market dynamics makes enterprises to keep updating their systems and tools in order to be adaptive and sustain in the market by getting the competitive edge.Project Performance is dependent on specific parameters like effective and efficient use of budget and resources; Success of a project is directly related to the performance. Enterprise performance is directly related to the project performance because of parameters such as ROI, Profits, decision making, user productivity dependent upon project success. Project success enables better user productivity and enhances enterprise decision making. In order to be sustainable, Enterprises have to measure project performance constantly and keep up to date with the recent treads by updating their systems, products and services. Project performance is measured by ROI, Customer success, User adaptability and overall gains reflected after deploying the project. Information technology projects are implemented in order to provide better products and services to the customer and the enterprise users. Better products and services enables enterprises to gain customers which increases overall revenue for an enterprise. Project management is very important in order to effectively and efficiently manage the project. Project performance is tracked during project management. Performance is dependent upon the tools, resources and overall project team including project sponsor. Project management makes sure that budget and resources are used effectively and efficiently. Project success plays a major role in enterprise performance as internal projects are implemented to help enterprise users in order to provide them set of tools which does analysis, enhance productivity, store information and retrieve data base.  External projects help client/customers to gain successes in their respective business. Quality assurance and security are also important factor that contributes towards the success of the project. Quality assurance and security requires extra budget but that is required to deliver the success full project. 

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