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tability.ioWhat are Project Value 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 Value 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.
Project Value OKRs examples
We've added many examples of Project Value 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 achieve full stakeholder satisfaction
ObjectiveAchieve full stakeholder satisfaction
KRIncrease stakeholder communication frequency for 20% improved transparency
Initiate stakeholder involvement in decision-making processes- Conduct weekly meetings to update stakeholders on project progress
- Implement a central communication platform for easy updates
- KRImplement 3 new stakeholder-suggested improvements to boost project value
- Develop plan for implementing each improvement
- Identify and evaluate 3 suggestions from stakeholders
- Execute the plan and monitor results
- KRAchieve 98% positive feedback on stakeholder satisfaction surveys
- Facilitate continuous communication and feedback with stakeholders
- Provide regular staff customer service training
- Develop and implement rigorous quality control standards
OKRs to implement strategic initiatives to improve execution and value realization
- ObjectiveImplement strategic initiatives to improve execution and value realization
- KREnhance stakeholder satisfaction by 10% through better strategic alignment
- Identify areas of misalignment and develop improvement plans
- Conduct a thorough review of current strategic alignment methods
- Implement changes and track stakeholders' satisfaction growth
- KRAchieve a 15% rise in measurable value from implemented initiatives
- Identify areas for initiative implementation with the maximum benefit potential
- Establish a system to track measurable value growth
- Develop and execute strategies for selected initiatives
- KRIncrease strategic project completion rate by 20%
- Conduct regular team meetings for effective communication and updates
- Provide additional training to improve employee project handling skills
- Implement project management software to track and streamline tasks
OKRs to instill value-driven mindset across all work processes
- ObjectiveInstill value-driven mindset across all work processes
- KRImplement a values-based company-wide training program with 100% employee completion
- Plan a communication strategy and schedule to notify all employees
- Develop a comprehensive values-centric training curriculum for all staff
- Monitor and track employee progress to ensure full completion
- KRIncrease project successes by 20% demonstrating the applied value mindset
- Develop a success metric tracking system
- Regularly review and analyze project outcomes
- Implement value-based decision-making training for project leaders
- KRMeasure and improve employee satisfaction on value application by 15% through comprehensive surveys
- Administer survey to all employees
- Analyze survey results and implement improvements
- Develop comprehensive employee value application survey
How to write your own Project Value OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.
- 1. Go to Tability's plan editor
- 2. Click on the "Generate goals using AI" button
- 3. Use natural language to describe your goals
Tability will then use your prompt to generate a fully editable OKR template.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.
- 1. Go to Tability's plan editor
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on "Generate analysis"
Tability's Strategy Map makes it easy to see all your org's OKRsTability 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.
You can then decide to accept the suggestions or dismiss them if you don't agree.
Option 3. Use the free OKR generator
If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.
Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.
Project Value 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.
How to track your Project Value OKRs
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.
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 Project Value OKR templates
We have more templates to help you draft your team goals and OKRs.
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