| Key Performance Indicator (KPI) |
A measurable value that demonstrates how effectively a company is achieving key business objectives. |
| Burn-down Chart |
A graphical representation of work left to do versus time. |
| Return on Investment (ROI) |
A performance measure used to evaluate the efficiency of an investment or compare the efficiency of a number of different investments. |
| Balanced Scorecard |
A strategic planning and management system used to align business activities with the vision and strategy of the organization. |
| SMART Goals |
Objectives that are Specific, Measurable, Achievable, Relevant, and Time-bound. |
| Dashboard |
A user interface that organizes and presents information in a way that is easy to read and understand. |
| Earned Value (EV) |
The measure of work performed expressed in terms of the budget authorized for that work. |
| Planned Value (PV) |
The authorized budget assigned to scheduled work. |
| Actual Cost (AC) |
The realized cost incurred for the work performed on an activity during a specific time period. |
| Schedule Performance Index (SPI) |
A measure of schedule efficiency expressed as the ratio of earned value to planned value. |
| Cost Performance Index (CPI) |
A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost. |
| To-Complete Performance Index (TCPI) |
A measure of the cost performance that must be achieved with the remaining resources in order to meet a specified management goal. |
| Variance Analysis |
A technique for determining the cause and degree of difference between the baseline and actual performance. |
| Trend Analysis |
An analytical technique that uses mathematical models to forecast future outcomes based on historical results. |
| Critical Success Factor (CSF) |
An element that is necessary for an organization or project to achieve its mission. |
| Milestone Trend Analysis |
A method to evaluate whether the project is on schedule by comparing planned milestone dates against actual or projected milestone dates. |
| Pareto Analysis |
A statistical technique in decision-making used for the selection of a limited number of tasks that produce significant overall effect. |
| Velocity |
In Agile project management, a measure of the amount of work a team can tackle during a single sprint. |
| Net Present Value (NPV) |
The difference between the present value of cash inflows and the present value of cash outflows over a period of time. |
| Internal Rate of Return (IRR) |
A metric used in financial analysis to estimate the profitability of potential investments. |
