OKR template to improve accuracy of project estimations

public-lib · Published 3 months ago

This OKR aims to improve the accuracy of project estimations. Firstly, part of the objective is to implement a new estimation tool and ensure it receives positive feedback from at least 75% of users. This will be achieved by conducting a user feedback survey, providing training to users, and selecting a tool that is compatible with current systems.

Secondly, the objective seeks to reduce differences between project estimates and actual results by 20%. This will be done through comparing past projects for estimation, implementing a detailed management plan, and continuously monitoring and adjusting estimates as necessary.

Another major part of the objective is to ensure completion of advanced estimation training for relevant staff. Monitoring of staff's progress will be performed after the training, identification of staff needing advanced training, and scheduling suitable training sessions.

Overall, these steps are likely to result in more accurate project time and cost estimates, improving efficiency, and reducing resource wastage.

ObjectiveImprove accuracy of project estimations
KRImplement a new estimation tool with positive feedback from 75% of users
Initiate a feedback survey post-implementation
Conduct training sessions for users to understand the tool
Select an estimation tool compatible with current systems
KRReduce variances in project estimates versus actual results by 20%
Use past projects as a benchmark for estimation
Implement a detailed project management plan
Regularly monitor and adjust estimates as needed
KRComplete advanced estimation training for relevant staff
Monitor staff's progress and understanding post-training
Identify staff members needing advanced estimation training
Schedule suitable training sessions for identified staff

Use in Tability

How to edit and track OKRs with Tability

You'll probably want to edit the examples in this post, and Tability is the perfect tool for it.

Tability is an AI-powered platform that helps teams set better goals, monitor execution, and get help to achieve their objectives faster.

With Tability you can:

Use AI to draft a complete set of OKRs in seconds
Connect your OKRs and team goals to your project
Automate reporting with integrations and built-in dashboard

Instead of having to copy the content of the OKR examples in a doc or spreadsheet, you can use Tability’s magic importer to start using any of the examples in this page.

The import process can be done in seconds, allowing you to edit OKRs directly in a platform that knows how to manage and track goals.

Step 1. Sign up for a free Tability account

Go tohttps://tability.app/signup and create your account (it's free!)

Step 2. Create a plan

Follow the steps after your onboarding to create your first plan, you should get to a page that looks like the picture below.

Step 3. Use the magic importer

Click on Use magic import to open up the Magic Import modal.

Now, go back to the OKR examples, and click on Copy on the example that you’d like to use.

Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!

Now, just click on Import from text and let the magic happen.

Once your example is in the plan editor, you will be able to:

Edit the objectives, key results, and tasks
Click on the target 0 → 100% to set better target
Use the tips and the AI to refine your goals

Step 4. Publish your plan

Once you’re done editing, you can publish your plan to switch to the goal-tracking mode.

From there you will have access to all the features that will help you and your team save hours with OKR reporting.

10+ built-in dashboards to visualise progress on your goals
Weekly reminders, data connectors, and smart notifications
9 views to map OKRs to strategic projects
Strategy map to align teams at scale