10 KPIs Your Engineering Firm Needs to Track for Maximum Project Profitability
Learning Objectives:
- Describe why managing your project and firm health is as crucial as managing your own health.
- List the 10 KPIs that every firm must understand and what they really mean for your firm’s health.
- Define and quantify KPIs that are meaningful to achieve your business and personal goals.
- Recognize how technology plays into managing a healthy firm, just as it does with managing your own health.
Credits:
As an IACET Accredited Provider, BNP Media offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard.
This course may qualify for continuing education through the FBPE.
This course may qualify for continuing education through the NYSED. For further information, please visit the NYSED website at http://www.op.nysed.gov/prof/pels/peceques.htm.
Purpose statement:
Explore 10 project performance KPIs that, when tracked properly, will transform the way your business operates, and subsequently how profitable each project is.Projects are the core of your engineering firm. Not only do they generate profits, but they are also at the center of your firm’s business operations. As such, doing everything you can to ensure their success should be one of your top priorities.
Key performance indicators (KPIs) track project success by measuring how your projects (or team, clients, and so on) are performing. Because each architecture firm has different goals and ways of working, your vital KPIs will vary from project to project.
Effective KPIs, regardless of project type, are:
- Well-defined and quantifiable
- Communicated thoroughly to every employee
- Crucial measurements for tracking the progress of your goals
- Applicable to your firm and industry
Within the world of project performance and finance, certain KPIs should always be used to monitor and improve your success. Join us for an engaging, live webinar presented by Steven Burns, FAIA, Chief Creative Officer at BQE Software as he explores 10 project performance KPIs that, when tracked properly, will transform the way your business operates, and subsequently how profitable each project is.
Photo courtesy of BQE Software
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Steven Burns, FAIA, is the Chief Creative Officer of BQE Software. Steven received his Master of Architecture degree from the Harvard Graduate School of Design, spent 7 years at SOM, and founded his own architecture firm, before pursuing his passion for business management software. In 2009, he created ArchiOffice, which he later sold to BQE Software. Steve is now focused on the product development of BQE CORE and is a global speaker on topics related to firm management and emerging technologies. |
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BQE CORE is the award-winning firm management software, created by architects for architects, that project-based firms trust to run their operations for better project outcomes, and more profitable futures. Their fully integrated suite of intuitive tools with 24/7/365 support provides back-office automation to power front-office insights, making firm management more agile, informed, and data-driven. Learn more at www.bqe.com. |
