Leading vs Lagging Indicators Checklist

This checklist will help you establish and use the right indicators for your projects.

Set-up

• Review relevant data and reports of your last five projects
• Collaborate with others to finalise leading indicators in every area of performance
• Identify sources of data for leading indiacators
• Set benchmarks for both leading and lagging indicators
• Set your target performance level
• Decide what leading indicators require which type of action (and when!)

During the project

• Classify data into operations, project, and behaviours
• Review data weekly and compare to benchmarks
• Take action immediately when needed to keep project performance and changes

Post-project

• Close the loop for your team with a final performance report
• Compare project performance with previous projects to identify trends
• Review the performance of your indicators. What worked well? What was a challenge? What can you repeat next time? What needs to change?

When you need focused help fast, get it from a supplier whose success is keeping your plant moving. Call Advanced Piping Systems on 1300 792 879.