3 OKR examples for Project Completion Rate
What are Project Completion Rate 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 Completion Rate 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.
Building your own Project Completion Rate OKRs with AI
Using Tability AI to draft complete strategies in seconds
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here.
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.
See it in action in the video below 👇
Using the AI generator, you can:
- Chat with an AI to draft your goals
- Ask questions or provide feedback to refine the OKRs
- Import the suggestion in an editor designed for goal setting
- Switch back to a goal-tracking view in 1-click
Using the free OKR generator to get a quick template
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.
Our Project Completion Rate OKRs examples
You'll find below a list of Objectives and Key Results templates for Project Completion Rate. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.
Hope you'll find this helpful!
1. OKRs to enhance project completion rate to boost awarded projects
- ObjectiveEnhance project completion rate to boost awarded projects
- KRDevelop and implement a robust project tracking system by 20% to prevent delays
- Select system and devise implementation plan
- Research available project tracking systems
- Train team on new tracking system
- KRIncrease team productivity by 15% through effective resource allocation and training
- Successfully allocate resources, balancing workloads for optimized productivity
- Identify gaps in team skill sets and implement targeted training initiatives
- Track progress weekly, promptly adjust strategies as needed
- KRImprove communication efficiency with clients to ensure 100% on-time submission
- Facilitate training on effective and prompt communication techniques
- Schedule regular follow-ups to ensure timely submissions
- Implement a system to track client communication and submission dates
2. OKRs to ensure punctual and high-quality project delivery
- ObjectiveEnsure punctual and high-quality project delivery
- KRImplement quality audits for all processes, reducing defects by 20%
- Identify all processes requiring quality audits
- Develop appropriate audit criteria and procedures
- Implement and monitor audit results for defect reduction
- KRAchieve 95% or more project completion success rate
- Regularly monitor, evaluate, and adjust project progress
- Implement meticulous project planning and clear goal setting
- Provide necessary resources and skills training to the team
- KRDecrease project timeline deviations by 30%
- Regularly monitor and assess project progress
- Provide timely corrections to any identified deviations
- Implement strict adherence to predetermined project schedules
3. OKRs to implement Scrum and Agile training for the team
- ObjectiveImplement Scrum and Agile training for the team
- KRMeasure improvement by achieving at least 80% pass rate in post-training assessment
- Implement regular training progress evaluations
- Provide additional assistance to struggling trainees
- Develop a comprehensive post-training assessment
- KRAchieve 100% team participation and completion of the training
- Implement incentives to boost training completion rates
- Regularly monitor and report team's training progress
- Assign mandatory completion dates for each training session
- KRIdentify and enroll team in a certified Agile and Scrum training course
- Research accredited Agile and Scrum training providers
- Select a suitable training course based on team needs
- Enroll team in chosen Agile and Scrum course
Project Completion Rate 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
Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your OKRs.
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
Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.
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 Completion Rate 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
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 a proper OKR-tracking tool for it.
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 Completion Rate OKR templates
We have more templates to help you draft your team goals and OKRs.
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