Strategies and tactics for establishing OKRs for the Projects Department
The strategy focuses on establishing OKRs for the Projects Department to ensure effective management of both external contractors and the in-house fabrication shop. The first strategy, enhancing contractor management, involves setting performance metrics and conducting regular reviews. For example, a quarterly performance review could reveal areas for improvement, leading to updated contracts and a rewards system for top performers.
Boosting in-house fabrication shop efficiency involves implementing lean manufacturing principles and setting monthly production targets. For instance, organizing weekly stand-up meetings can help identify and address bottlenecks in production.
Improving mechanical project execution entails creating standardized processes, assigning project managers, and conducting biweekly project reviews. By establishing clear timelines and objectives, projects can be completed more efficiently, leading to greater success.
The strategies
⛳️ Strategy 1: Enhance contractor management
- Identify key performance indicators for contractor performance
- Conduct quarterly performance reviews with all contractors
- Develop a contractor feedback system to address issues
- Regularly update contractor contracts to include performance expectations
- Implement a rewards system for high-performing contractors
- Establish standard operating procedures for contractor interaction
- Schedule monthly coordination meetings with contractors
- Create an escalation process for addressing contractor issues
- Provide training sessions for contractors on company standards
- Allocate specific internal resources to manage contractor relations
⛳️ Strategy 2: Boost in-house fabrication shop efficiency
- Conduct a time-motion study to improve workflow
- Implement a regular maintenance schedule for shop equipment
- Introduce lean manufacturing principles in the fabrication shop
- Set monthly production targets for the shop team
- Invest in technology upgrades to enhance production capabilities
- Plan weekly stand-up meetings to discuss progress and bottlenecks
- Organise skill enhancement workshops for shop employees
- Track and optimise material usage to reduce waste
- Develop a quality assurance process for fabricated products
- Establish a feedback loop between shop floor and management
⛳️ Strategy 3: Improve mechanical project execution
- Develop a clear project timeline for all ongoing projects
- Assign dedicated project managers to individual projects
- Schedule biweekly project review meetings
- Standardise project reporting methodologies across teams
- Identify risks early by conducting project risk assessments
- Create a knowledge database of previous project challenges and solutions
- Set objectives for each project phase completion
- Measure project success through predefined metrics
- Gather client feedback post-project completion
- Ensure compliance with all health, safety, and environmental regulations
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
