Key Performance Indicators are “Measures that help decision makers define and measure progress toward business goals. KPI metrics translate complex measures into a simple indicator that allows decision makers to assess the current situation and act quickly.” – KAIZEN Analytics All businesses, regardless of size, should to be able to understand and identify their Key Performance Indicators. KPIs can be used at all levels of an organization, ranging from the CEO to the project manager. The CEO focuses on the overall performance or health of the company, while the program or project manager may focus on single programs, tasks within a program, or a group of programs.
Beverly Murphy
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Topics: Small Business Compliance, Contracts & Subcontracts Administration
What is a Program Control analyst and do I need one? These questions are often asked by small business who might not understand the role of a Program Controller. Program (or Project) Controllers are most frequently financial managers who oversee project revenues and expenditures to ensure programs are on schedule and within budget. Program Control Analysts bridge the gap between the program manager and the accounting department and support the needs of both organizations. Program Managers typically manage the technical aspects of a program, while the accounting department manages payroll, accounts payable, accounts receivable, and compliance with generally accepted accounting principles. Program Control Analysts provide a link between the technical elements of program management and the compliance elements of cost accounting. Program control personnel generally have a business background in accounting, finance, business administration or economics which allows them to assist the program manager with decisions which are compliant with business policy and are in accordance with contract terms.