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tability.ioWhat are Project Development OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We've tailored a list of OKRs examples for Project Development to help you. You can look at any of the templates below to get some inspiration for your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Project Development OKRs examples
We've added many examples of Project Development Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
OKRs to enhance overall quality and efficiency of project development
ObjectiveEnhance overall quality and efficiency of project development
KRIncrease project completion rate by 15% on agreed deadlines
Provide regular training on time management skills- Enhance team's resource planning and scheduling techniques
- Implement consistent progress tracking and follow-up system
- KRReduce errors/incidents in project developments by 20%
- Implement meticulous quality control checks for every development stage
- Provide regular training to enhance staff's project management skills
- Establish a rigorous incident reporting and feedback system
- KRImplement feedback mechanism to improve client satisfaction by 10%
- Regularly review feedback to identify improvement areas
- Train staff on processing and implementing feedback
- Develop a simple, user-friendly client feedback form
OKRs to cultivate exceptional leadership character traits
- ObjectiveCultivate exceptional leadership character traits
- KRImplement learned skills in three real projects, receiving positive feedback on each
- Seek and incorporate feedback from project stakeholders
- Replicate process for subsequent two projects
- Apply learned skills on first project
- KRComplete two leadership development courses with a score of 90% or higher
- Research and select two relevant leadership development courses
- Commit to regular study to comprehend course material
- Take final assessments aiming for 90% score or higher
- KROrganize five workshops to teach, gather feedback and improve leadership traits
- Identify potential experts to lead leadership workshops
- Develop workshop curriculum based on leadership traits
- Plan a comprehensive feedback collection system
OKRs to participate in project formulation and business case development
- ObjectiveParticipate in project formulation and business case development
- KRContribute towards developing 2 business cases impacting project decisions
- Identify key objectives for each proposed business case
- Lay out potential impacts on project decisions
- Prepare detailed presentations summarizing each case
- KRGain proficient understanding of 4 unique business case models
- Research and study 4 diverse business case models
- Analyze strengths and weaknesses of each model
- Apply learned concepts to real-world business scenarios
- KREngage in 3 distinct project formulation processes by end of the quarter
- Identify potential projects to formulate
- Outline the key objectives for each project
- Finalize and document all project plans
OKRs to boost profitability of innovative projects
- ObjectiveBoost profitability of innovative projects
- KRAchieve 20% increase in revenue from innovative projects
- Execute innovative projects with high profitability potential
- Develop unique, practical ideas for potential projects
- Implement research on trending market and customer needs
- KRSecure 10 high-value partnerships for collaborative innovation projects
- Research and identify potential high-value partnership opportunities
- Initiate engagement and negotiation processes with potential partners
- Craft detailed and enticing partnership proposals
- KREnhance project visibility by 50% through targeted marketing efforts
- Allocate resources for prominent online ad spaces
- Develop compelling marketing content to attract audience
- Identify key demographic for targeted marketing strategies
OKRs to enhance feature delivery lead time
- ObjectiveEnhance feature delivery lead time
- KRTrain the development team on agile methodologies to quicken turnaround time
- Arrange a workshop on Agile methodologies for the development team
- Schedule regular follow-up training and progress assessments
- Assign Agile-related reading materials and online courses
- KRReduce current feature delivery time by 15%
- Streamline the feature development process
- Increase developer productivity through training
- Prioritize critical features for faster delivery
- KRImplement a more efficient project management tool for streamlined processes
- Train team members on the functionality of the new tool
- Research and select a suitable, efficient project management tool
- Evaluate current project management processes and identify areas for improvement
OKRs to implement operational excellence in product development
- ObjectiveImplement operational excellence in product development
- KRTrain 100% of development team on Lean Six Sigma tools by quarter end
- Provide training material to all team members
- Schedule Lean Six Sigma training sessions for the team
- Confirm all team members complete the training
- KRReduce product development cycle time by 20%
- Provide employee training on rapid prototyping techniques
- Implement efficient project management methodologies
- Streamline approval processes and eliminate unnecessary steps
- KRIntroduce 3 new metrics to monitor operational efficiency in product development process
- Implement tracking systems for chosen metrics
- Identify potential metrics for tracking operational efficiency
- Train team on understanding and utilizing new metrics
OKRs to secure a leadership role within the company
- ObjectiveSecure a leadership role within the company
- KRSuccessfully lead three major projects to completion with positive feedback
- Identify key objectives for each of the three major projects
- Monitor progress, address issues and ensure all projects meet/exceed expectations
- Assign responsibilities and establish timelines for project completion
- KRAchieve a score of 90% or above in internal leadership competency assessment
- Practice situational leadership through role play activities
- Review past assessment feedback and identify areas for improvement
- Attend relevant training workshops for boosting leadership skills
- KRAttend and actively participate in at least four leadership training workshops
- Complete post-workshop assignments or takeaways for review
- Schedule time for active participation in each workshop
- Research and register for four relevant leadership training workshops
OKRs to foster rapid and secure high-quality code development
- ObjectiveFoster rapid and secure high-quality code development
- KRIncrease code reviews to ensure 100% implementation of security protocols
- Implement automated code review tools for security compliance
- Schedule regular code review sessions with team members
- Provide training on security protocol standards during code reviews
- KRImplement a standardized coding style guide across all projects by quarter end
- Develop a comprehensive coding style guide
- Enforce guide compliance in project reviews
- Communicate the guide to all developers
- KRDecrease the development cycle by 30% through effective work methodologies
- Regularly update and optimize software tools for improved efficiency
- Adopt test-driven development to reduce debugging time
- Implement agile project management for quicker iteration cycles
OKRs to boost success through strategic Partnerships & Collaborations
- ObjectiveBoost success through strategic Partnerships & Collaborations
- KRImplement joint projects with at least two existing partners to increase shared value
- Initiate project roll-outs with the identified partners
- Develop project plans, including shared responsibilities
- Identify potential shared value projects with current partners
- KRForm a minimum of 3 new strategic partnerships with clear mutual benefits
- Initiate contact and begin negotiations
- Identifying potential partners aligning with our business goals
- Drafting proposal highlighting mutual benefits
- KRIncrease partnership satisfaction rate to over 90% through timely communication and mutual support
OKRs to cultivate and leverage leaders with innovative ideas for organizational growth
- ObjectiveCultivate and leverage leaders with innovative ideas for organizational growth
- KRIdentify 10 potential leaders through proven leadership discovery methodologies
- Select 10 potential leaders from results
- Research proven leadership discovery methodologies
- Apply methodologies to identify potential leaders
- KRSubstantiate 5 new emergent ideas proposed by the identified leaders
- Research the feasibility and potential impact of the new ideas
- Arrange meetings with the leaders to discuss their proposed ideas
- Prepare detailed reports supporting these emergent concepts
- KRAchieve a 20% increase in innovative project implementations lead by these leaders
- Implement training programs focused on innovation
- Encourage risk-taking and idea experimentation
- Organize regular creative brainstorming sessions with leaders
How to write your own Project Development OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.
- 1. Go to Tability's plan editor
- 2. Click on the "Generate goals using AI" button
- 3. Use natural language to describe your goals
Tability will then use your prompt to generate a fully editable OKR template.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.
- 1. Go to Tability's plan editor
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on "Generate analysis"
Tability's Strategy Map makes it easy to see all your org's OKRsTability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.
You can then decide to accept the suggestions or dismiss them if you don't agree.
Option 3. Use the free OKR generator
If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.
Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.
Project Development OKR best practices
Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Here are a couple of best practices extracted from our OKR implementation guide 👇
Tip #1: Limit the number of key results
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.
Tip #2: Commit to weekly OKR check-ins
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
Being able to see trends for your key results will also keep yourself honest.
Tip #3: No more than 2 yellow statuses in a row
Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.
As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.
Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.
How to track your Project Development OKRs
Quarterly OKRs should have weekly updates to get all the benefits from the framework. Reviewing progress periodically has several advantages:
- It brings the goals back to the top of the mind
- It will highlight poorly set OKRs
- It will surface execution risks
- It improves transparency and accountability
We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKR-tracking tool for it.
If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.
More Project Development OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to develop innovative pharmaceutical products
- OKRs to get better at public speaking
- OKRs to create globally acclaimed cinematic masterpiece
- OKRs to implement client service and review process
- OKRs to enhance productivity across all regional offices
- OKRs to enhance risk management and business support systems