In the fast-paced world of project management, key performance indicators (KPIs) are critical for successful project outcomes. They provide measurable values that help project managers assess the effectiveness of their strategies, ensuring that projects are delivered on time, within scope, and to the satisfaction of stakeholders.
Olaitan Oyekunle, a Senior Project Manager and Scrum Master emphasizes the importance of KPIs in Agile project management. With a strong background in stakeholder management, project planning, and monitoring, Oyekunle is well-equipped to guide teams toward achieving their project goals. “KPIs are not just numbers; they are the pulse of the project,” he states, highlighting their role in driving project success.
When discussing the most crucial KPIs for Agile projects, Oyekunle notes, “Velocity is one of the most important metrics. The goal here is to measure the amount of work a team can complete in a given iteration, allowing for better forecasting and planning.” This metric enables project managers to understand team capacity and adjust workloads accordingly, fostering a more efficient workflow. Focusing on velocity allows teams to identify bottlenecks and optimize their processes, ultimately leading to improved delivery timelines.
Another key metric Oyekunle emphasizes is the “Sprint Burndown Chart.” He explains, “This visual representation of work completed versus work remaining helps teams stay on track during sprints.” Monitoring the burndown chart will help project managers quickly identify if a team is falling behind and take corrective actions before issues escalate. This proactive approach not only enhances project performance but also boosts team morale by providing clear visibility into progress.”
Oyekunle also highlights the significance of “Customer Satisfaction Scores as a key metric in ensuring successful project outcomes.” He states, “Though projects are led by managers, they do not belong to them. Ultimately, the success of any project is measured by how well it meets the needs of its stakeholders. Project managers should regularly gather feedback from customers and stakeholders, which allows them to make informed decisions that align project outcomes with stakeholder expectations. This focus on customer satisfaction fosters a culture of continuous improvement, ensuring that teams remain agile and responsive to changing needs.”
In addition to these metrics, Oyekunle advises project managers to ensure that all KPIs align with project goals and objectives. “It’s essential to select metrics that truly reflect the project’s success criteria,” he advises. Creating a clear roadmap for success enables teams to focus on what truly matters.
Oyekunle currently serves as a Project Manager at a top regulatory organization in the United Kingdom, where he plays a crucial role in ensuring projects are executed successfully and timely. Prior to that, he was a Project Manager at PAYSURE Technologies Ltd. He also held various roles at Polaris Bank Limited, where he excelled as a Business Development Manager, Digital Banking and Team Lead in Commercial and Investment Banking.
Oyekunle holds a Master’s in Project Management from the University of Northampton with Distinction and a Master’s of Business Administration in Financial Management from Ladoke Akintola University of Technology. He also holds an Advanced Certificate in Management Consulting & Project Management from the London School of Business & Finance.
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