Lag and Lead
Lag and lead indicators, are what is known as Key Perfomance Indicators (KPI). According to the british standard "Program Management: "Managing Successful Programmes“", a Key Performance Indicator (KPI), is a metric (either financial or non-financial) that is used to set and measure progress towards an organisational objective. [1]. A lead indicator, is an indicator which is forward looking. Meaning it attempts to show a future perfomance. These indicators can be difficult to determine, as they are prone to subjectivity and error, and can cause debate as to the validity of the lead indicators measured. [2].
In project, program and portfolio management, realising the potential of lag and lead indicators, can be a vital part of being a succesful PM.
Jacob Lützhøft Christensen s184113
Reference link: team, human behaviour, Stephen Covey
Contents |
Big Idea
Application
BLA BLA
Section
...
Section
... ... ...
Section
...
Limitations
Finish ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
References
Examples
- ↑ AXELOS and Office Cabinet, Managing Successful Programmes 2011 Edition, August, 2011
- ↑ Hudson, Organisational Change Management, November, 2014
- ↑ Hudson, Organisational Change Management, November, 2014
- ↑ [Kotter J.P. (1996) Leading Change, BOSTON, Harvard Business School Press]
