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What are Project Performance Improvement 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.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We've tailored a list of OKRs examples for Project Performance Improvement to help you. You can look at any of the templates below to get some inspiration for your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
The best tools for writing perfect Project Performance Improvement OKRs
Here are 2 tools that can help you draft your OKRs in no time.
Tability AI: to generate OKRs based on a prompt
Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.
- 1. Create a Tability account
- 2. Click on the Generate goals using AI
- 3. Describe your goals in a prompt
- 4. Get your fully editable OKR template
- 5. Publish to start tracking progress and get automated OKR dashboards
Watch the video below to see it in action 👇
Tability Feedback: to improve existing OKRs
You can use Tability's AI feedback to improve your OKRs if you already have existing goals.
- 1. Create your Tability account
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on Generate analysis
- 4. Review the suggestions and decide to accept or dismiss them
- 5. Publish to start tracking progress and get automated OKR dashboards
Tability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.
Project Performance Improvement OKRs examples
We've added many examples of Project Performance Improvement 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!
OKRs to enhance effectiveness in Monitoring and Evaluation processes
- ObjectiveEnhance effectiveness in Monitoring and Evaluation processes
- KRComplete certification in Monitoring and Evaluation within the set time frame
- Dedicate regular study hours to coursework each week
- Schedule and take final certification exam before deadline
- Enroll in a Monitoring and Evaluation certification program
- KRInitiate and deliver a comprehensive report on two key projects under evaluation
- Compile data into a comprehensive, cohesive report
- Submit finalized report to necessary recipients
- Identify key data points for both projects under evaluation
- KRImplement three new procedures to improve project performance by 20%
- Identify weaknesses in current project performance procedures
- Train team on new, more effective procedures
- Develop strategies to improve identified areas of weakness
OKRs to drive continuous improvement in performance and efficiency
- ObjectiveDrive continuous improvement in performance and efficiency
- KRImplement at least two new process improvement initiatives
- Implement and monitor these new initiatives for effectiveness
- Design and develop two new process improvement initiatives
- Identify areas in existing procedures that require improvement
- KRIncrease team productivity by 15% without sacrificing quality
- Promote regular breaks to avoid work burnout
- Enhance communication through weekly team meetings
- Implement efficient project management tools for better task tracking
- KRLower error rates across key processes by 20%
- Review and improve existing process guidelines
- Implement regular training programs for process optimization
- Identify key processes with highest error rates
OKRs to increase the achievement of team goals to 70%
- ObjectiveIncrease the achievement of team goals to 70%
- KRDeliver effective coaching to underperforming team members every week
- Implement weekly coaching sessions, track progress and give feedback
- Identify areas for improvement in each underperforming team member's performance
- Develop personalized coaching plans for each underperforming member
- KRIdentify and eliminate three major obstacles hindering goal achievement
- Implement strategies to remove obstacles
- Develop strategies to overcome these obstacles
- Identify three major obstacles to goal achievement
- KRImplement new project management tool to enhance team productivity
- Monitor and evaluate team productivity improvements post-implementation
- Train all team members on using the tool effectively
- Research and select the right project management tool
OKRs to successfully complete the GPU component
- ObjectiveSuccessfully complete the GPU component
- KRReduce the number of performance issues found during testing by 50%
- Integrate automated testing in the development process
- Implement thorough code reviews before initiating tests
- Increase training sessions on effective coding practices
- KRQuality review passed in all 3 stages of the GPU component lifecycle
- Update GPU component lifecycle quality control procedures
- Discuss the successful review outcome with the team
- Document all observations during GPU component lifecycle stages
- KRAchieve 80% project milestone completions on GPU component development by the period end
- Assign experienced team for GPU component development
- Regularly track and review progress of project completion
- Prioritize daily tasks towards the project's milestones
Project Performance Improvement OKR best practices
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
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
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.
Tip #2: Commit to weekly OKR check-ins
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
Being able to see trends for your key results will also keep yourself honest.
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.
Save hours with automated OKR dashboards
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
We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using Tability to save time with automated OKR dashboards, data connectors, and actionable insights.
How to get Tability dashboards:
- 1. Create a Tability account
- 2. Use the importers to add your OKRs (works with any spreadsheet or doc)
- 3. Publish your OKR plan
That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.
More Project Performance Improvement OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to improve lab coat inventory management system OKRs to enhance overall customer satisfaction OKRs to strengthen team communication for remote workers utilizing Slack OKRs to enhance customer experience through improved operations and quality solutions OKRs to increase the conversion rate of BDR-generated leads into sales opportunities by 25% OKRs to enhance the accounting, financial, and tax processes architecture