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Budget Utilisation metrics and KPIs

What are Budget Utilisation metrics?

Finding the right Budget Utilisation metrics can be daunting, especially when you're busy working on your day-to-day tasks. This is why we've curated a list of examples for your inspiration.

You can copy these examples into your preferred app, or alternatively, use Tability to stay accountable.

Find Budget Utilisation metrics 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 metrics generator below to generate your own strategies.

Examples of Budget Utilisation metrics and KPIs

Metrics for Corporate ICT Plan Success

  • 1. Project Completion Rate

    Percentage of ICT sub-projects completed within the annual plan timeline

    What good looks like for this metric: Approximately 90% completion rate

    Ideas to improve this metric
    • Prioritise projects based on business impact
    • Set realistic project timelines
    • Allocate proper resources for each project
    • Conduct regular progress reviews
    • Address bottlenecks promptly

  • 2. Budget Utilisation

    Amount of budget used versus allocated for ICT projects

    What good looks like for this metric: 90-95% of budget utilisation

    Ideas to improve this metric
    • Monitor financial expenditure regularly
    • Optimize resource allocation
    • Negotiate better vendor contracts
    • Implement cost-saving technologies
    • Adjust plans based on financial forecasts

  • 3. Stakeholder Satisfaction

    Feedback and satisfaction levels from internal and external stakeholders

    What good looks like for this metric: Satisfaction score of over 75%

    Ideas to improve this metric
    • Collect regular feedback from stakeholders
    • Improve communication channels
    • Align ICT initiatives with stakeholder needs
    • Provide transparent progress reports
    • Address feedback promptly

  • 4. System Uptime

    Percentage of ICT systems available and operational during the year

    What good looks like for this metric: 99% uptime

    Ideas to improve this metric
    • Implement robust monitoring tools
    • Schedule regular maintenance
    • Invest in reliable backup systems
    • Train staff in problem resolution
    • Plan for peak usage scenarios

  • 5. Innovation Adoption Rate

    Proportion of new technologies or processes successfully implemented and used

    What good looks like for this metric: 50-70% adoption rate

    Ideas to improve this metric
    • Encourage a culture of innovation
    • Provide training on new technologies
    • Evaluate technologies for business fit
    • Involve users in the adoption process
    • Review and refine adoption strategies
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Implement these metrics

Tracking your Budget Utilisation metrics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

Tability Insights DashboardTability's check-ins will save you hours and increase transparency

More metrics recently published

We have more examples to help you below.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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