What is a common objective of using key performance indicators in project management?

Using key performance indicators (KPIs) in project management serves a fundamental purpose: they are designed to assess project progress towards established goals. KPIs are metrics that provide critical information about how well the project is performing against its objectives. By measuring specific indicators, project managers can determine whether the project is on track, identify areas for improvement, and make informed decisions to drive success.

The focus on tracking progress is essential because it allows for timely interventions if the project deviates from the planned trajectory. By monitoring specific KPIs, teams can ensure that they are meeting deadlines, staying within budget, and delivering quality results aligned with stakeholder expectations. This systematic approach helps optimize project management and enhances the likelihood of achieving desired outcomes.

Other options may address unrelated aspects, such as focusing on non-project metrics, financial success alone, or team member satisfaction in isolation, which do not capture the holistic view that KPIs provide regarding project performance and progress.