4 customisable OKR examples for Estimation Team
What are Estimation Team OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.
We understand that setting OKRs can be challenging, so we have prepared a set of examples tailored for Estimation Team. Take a peek at the templates below to find inspiration and kickstart your goal-setting process.
If you want to learn more about the framework, you can read our OKR guide online.
Building your own Estimation Team OKRs with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.
Our customisable Estimation Team OKRs examples
We've added many examples of Estimation Team Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
1. OKRs to determine the cost of transitioning from SAP ECC to SAP S/4
Determine the cost of transitioning from SAP ECC to SAP S/4
Identify all necessary resources for migration by analyzing current system infrastructure
Catalog all hardware and software used in current infrastructure
Map data transfer pathways for migration process
Estimate downtime and resources required for migration
Obtain at least three quotations from external SAP S/4 implementation vendors
Contact vendors for detailed quotations
Research potential SAP S/4 implementation vendors
Evaluate and compare received quotations
Estimate labor costs by determining needed manpower and expertise for migration
Calculate the labor cost based on required manpower and expertise
Evaluate manpower required for the migration project
Identify the necessary expertise for successful migration
2. OKRs to enhance stakeholders' proficiency in project estimation
Enhance stakeholders' proficiency in project estimation
Develop and distribute a comprehensive project estimation handbook
Plan and execute distribution strategy for the handbook
Write, edit, and finalize the comprehensive handbook
Outline key components of project estimation for the handbook
Implement a project estimation tool boosting efficiency by 30%
Monitor and measure tool's impact on project efficiency
Train team members in using the chosen tool efficiently
Research and select a project estimation tool suitable for our needs
Execute 4 workshops on advanced project estimation techniques
Prepare materials and resources for the four workshops
Arrange logistics and advertise the workshops for signups
Identify experts to facilitate the estimation techniques workshops
3. OKRs to improve the accuracy of patient estimations
Improve the accuracy of patient estimations
Achieve 95% positive feedback on estimation accuracy from surveyed patients
Implement a comprehensive training program on effort estimation for medical staff
Establish a regular review and feedback mechanism for estimation system
Engage patients for feedback on time estimation via surveys
Implement a new patient estimation system to reduce errors by 30%
Research available patient estimation systems
Decide on a system and get staff training
Implement and monitor the new system
Train all staff members on new estimation techniques and tools within six weeks
Schedule training sessions for all staff members
Identify necessary resources for the training
Monitor the progress of the training
4. OKRs to improve accuracy of project estimations
Improve accuracy of project estimations
Implement 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
Reduce 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
Complete 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
Estimation Team OKR best practices to boost success
Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Here are a couple of best practices extracted from our OKR implementation guide 👇
Tip #1: Limit the number of key results
The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the OKRs.
We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
Tip #2: Commit to weekly OKR check-ins
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.
Being able to see trends for your key results will also keep yourself honest.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
Tip #3: No more than 2 yellow statuses in a row
Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.
As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.
Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.
How to turn your Estimation Team OKRs in a strategy map
Quarterly OKRs should have weekly updates to get all the benefits from the framework. Reviewing progress periodically has several advantages:
- It brings the goals back to the top of the mind
- It will highlight poorly set OKRs
- It will surface execution risks
- It improves transparency and accountability
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
![A strategy map in Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.
More Estimation Team OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to decrease equipment downtime in the water treatment plant
OKRs to successfully transition all on-demand courses to the new LMS platform
OKRs to enhance synergy between startup house and startup ecosystem
OKRs to strengthen strategic alignment across all business units
OKRs to complete the Rockefeller Habits Checklist
OKRs to use Event Marketing to drive outbound leads
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: What is the meaning of OKRs
- Blog posts: ODT Blog
- Success metrics: KPIs examples
What's next? Try Tability's goal-setting AI
You can create an iterate on your OKRs using Tability's unique goal-setting AI.
Watch the demo below, then hop on the platform for a free trial.