2 customisable OKR examples for Project Value
What are Project Value 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 Value 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 Value OKRs with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.
Feel free to explore our tools:
- Use our free OKR generator
- Use Tability, a complete platform to set and track OKRs and initiatives, including a GPT-4 powered goal generator
Our customisable Project Value OKRs examples
We've added many examples of Project Value 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!
1. OKRs to achieve full stakeholder satisfaction
Achieve full stakeholder satisfaction
Increase stakeholder communication frequency for 20% improved transparency
Initiate stakeholder involvement in decision-making processes
Conduct weekly meetings to update stakeholders on project progress
Implement a central communication platform for easy updates
Implement 3 new stakeholder-suggested improvements to boost project value
Develop plan for implementing each improvement
Identify and evaluate 3 suggestions from stakeholders
Execute the plan and monitor results
Achieve 98% positive feedback on stakeholder satisfaction surveys
Facilitate continuous communication and feedback with stakeholders
Provide regular staff customer service training
Develop and implement rigorous quality control standards
2. OKRs to implement strategic initiatives to improve execution and value realization
Implement strategic initiatives to improve execution and value realization
Enhance stakeholder satisfaction by 10% through better strategic alignment
Identify areas of misalignment and develop improvement plans
Conduct a thorough review of current strategic alignment methods
Implement changes and track stakeholders' satisfaction growth
Achieve a 15% rise in measurable value from implemented initiatives
Identify areas for initiative implementation with the maximum benefit potential
Establish a system to track measurable value growth
Develop and execute strategies for selected initiatives
Increase strategic project completion rate by 20%
Conduct regular team meetings for effective communication and updates
Provide additional training to improve employee project handling skills
Implement project management software to track and streamline tasks
Project Value OKR best practices to boost success
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.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
Tip #2: Commit to weekly OKR 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.
![Tability Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
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 turn your Project Value OKRs in a strategy map
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
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
![A strategy map in Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
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 Value OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to enhance the product management skills of our team
OKRs to increase engagement with 5 new 'non-Everyday' producers
OKRs to increase in-app purchases by 15%
OKRs to create an influential digital platform for societal issues
OKRs to improve student attendance and literacy statistics
OKRs to enhance proficiency in answering sales pitches
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: What is the meaning of OKRs
- Blog posts: ODT Blog
- Success metrics: KPIs examples
Create more examples in our app
You can use Tability to create OKRs with AI – and keep yourself accountable 👀
Tability is a unique goal-tracking platform built to save hours at work and help teams stay on top of their goals.
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