How key performance indicators reduce schedule and budget overruns

Traditional KPIs typically revolve around backward-looking financially oriented measurements, such as cash flow and receivables. A leading indicator, on the other hand, measures progress along the way and allows a company the chance to modify its practices and correct situations.

“A lagging indicator would be that something isn’t in the right location and how do we now address installation to accommodate that…A leading indicator might be a process…”

Read more at ConstructionDive.com.