2 OKR examples for Project Delivery Speed
What are Project Delivery Speed 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 Delivery Speed 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 more about the OKR meaning online.
Best practices for managing your Project Delivery Speed OKRs
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 the weekly 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 below). 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.
Building your own Project Delivery Speed OKRs with AI
While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.
- Use our free OKRs generator
- Use Tability, a complete platform to set and track OKRs and initiatives
- including a GPT-4 powered goal generator
Best way to track your Project Delivery Speed OKRs
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.
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.
Project Delivery Speed OKRs templates
We've covered most of the things that you need to know about setting good OKRs and tracking them effectively. It's now time to give you a series of templates that you can use for inspiration!
We've added many examples of Project Delivery Speed 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 enhance work ethos focusing on integrity, speed, passion, and transparency
- Enhance work ethos focusing on integrity, speed, passion, and transparency
- Complete 100% of assigned tasks with zero integrity-related issues
- Review every task breakdown meticulously to understand expectations completely
- Prioritize and execute tasks with complete honesty and transparency
- Ensure ongoing self-audit and cross-checking work accuracy
- Improve project delivery speed, reducing turnaround time by 20%
- Streamline project workflows to eliminate unnecessary steps
- Implement more efficient project management tools
- Enhance team training for productivity improvement
- Increase 360-degree feedback scores on passion and transparency by 35%
- Implement proactive feedback mechanisms for immediate action
- Arrange workshops to enhance staff communication and transparency
- Promote passion through exciting company wide initiatives
OKRs to accelerate the delivery of consulting projects
- Accelerate the delivery of consulting projects
- Reduce project delays by 15% through enhanced resource allocation
- Assess and optimize team efficiency regularly
- Provide resource allocation training to project managers
- Implement a robust resource management software system
- Implement new project management tool and train all project members by week 6
- Schedule comprehensive tool training for all project members
- Implement the new tool and complete training by week 6
- Select suitable project management tool for our needs
- Achieve a 10% improvement in project completion speed by the end of the quarter
- Implement efficient project management tools and strategies
- Provide training for enhanced team productivity
- Regularly monitor and adjust timelines as needed
More Project Delivery Speed OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to increase user acquisition by 50% in the next quarter OKRs to enhance project management processes for improved success rate OKRs to increase efficiency within the digital marketing agency OKRs to enhance Salesforce Lead and Pipeline Management OKRs to increase in-app purchases by 15% OKRs to increase Social Media x3
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: Complete 2024 OKR cheat sheet
- Blog posts: ODT Blog
- Success metrics: KPIs examples