• Project & Program Management

 
 
 

What is a Key Performance Indicator for a Life Sciences Project?

Key Performance Indicators (KPIs) depend on what type of project you are doing. A common KPI for a life sciences project is on-time performance. A KPI could be setup to measure +/- 1% of the actual time it took you to complete a project. For example, if the project was due on September 31 and you finished it on September 28, you completed it early at +3%. If you finished the project one day late, you completed it late at -1%. Other common KPIs for life sciences projects are quality, budget and resources. Sometimes KPIs are part of a formula for a bonus or other incentives.

USDM Life Sciences Project and Program Management experts are the perfect fit to help guide, lead and support life sciences organizations’ mission-critical project and programs initiatives across highly regulated areas, where compliance, technology and business intersect, to attain desired business results. USDM’s Project and Program Management Services and Solutions team can provide all of the required services needed to successfully manage your projects, your programs and your portfolio with consistent and standardized methods, processes and principles.