Project Management OKR Examples

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Below you will find Project Management OKR examples from real companies that can help you formulate your own Project Management OKRs.

Why your Project Management team should use OKRs

OKR (Objectives & Key Results) is an agile goal-setting framework to drive transparency, alignment, and focus around your goals and strategy. High-growth companies like LinkedIn, Netflix, Slack, and Spotify or big corporations such as Samsung or Daimler all use OKRs to focus on the things that really matter and align everyone around a common purpose.

Project Management teams frequently face the challenge that there are too many projects that could be tackled at any given time. OKRs help to keep focus and concentrate on the initiatives that are most important.

Furthermore, the world is changing fast. As a consequence, another benefit of OKRs for Project Management teams is the framework’s agility, because you can quickly react to changes from one OKR cycle to the next.

The benefits of OKRs can only be unleashed if you follow some rules.

Writing good Project Management OKRs

“How to write good Project Management OKRs?” – the million-dollar question.

Coming up with good Project Management OKRs can be quite a challenge. While the OKR method itself is easy to understand, it is the writing part that is the hardest and also the most critical to master.

To get the creative juices flowing, think about this formula when writing your Project Management OKRs:

We will [Objective] as measured by [Key Results].

Keep in mind that Objectives answer the question “What do I want to achieve?” while Key Results answer the question “How do I know that the goal is achieved?”. Objectives should therefore be qualitative, easy to understand, and inspiring. Key Results should be clearly measurable, outcome-driven (not output-driven), and S.M.A.R.T. Both, Objectives and Key Results, need to be time-bound and are typically set per quarter, i.e. for one “OKR cycle”.

Project Management OKRs: Examples and best practices

When our customers get started with Mooncamp, they often ask us “What are good OKR examples for Project Management?”, so we compiled a list of real Project Management OKR examples just for you.

💡 Note: We recommend writing your own OKRs and only use the Project Management OKR examples below for inspiration.
Objective
Ensure timeliness of our projects
Key Results
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Increase on-time completion percentage to 80%
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Decrease average time spent on projects by 20%
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Increase planned hours vs. time spent accuracy to 70%
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Reduce average number of resource conflicts per project to below 1
Objective
Increase quality of customer project outcomes while keeping budgets in check
Key Results
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Increase CSAT score to 8/10 for customer-facing projects
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Reduce customer complaints during project by 50%
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Decrease budget variance by 20%
Objective
Create a well-oiled project management engine
Key Results
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Decrease percentage of milestones missed by 60%
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Reduce number of cancelled projects to 1 per quarter
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Reduce number of change requests after kick-off by 50%

How Mooncamp can help your Project Management team with OKRs

By using a purpose-built OKR software like Mooncamp, you can bring your Project Management team’s OKR strategy to the next level. To name just some benefits of a dedicated OKR software:

  • Transparency and alignment through visualization of goals across your Project Management team or the entire organization
  • Collaborate better, give feedback for OKRs, and praise your co-workers all in one place
  • It’s more fun to use than a Spreadsheet or clunky tools like Confluence and will lead to a higher adoption of your teams
  • Regularly nudge your team members to update their OKRs in order to make the method stick
  • Uncover insights in your OKR progress or OKR process with reports and dashboards

Try Mooncamp for free today.

Try Mooncamp for free

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