OKR stands for Objectives and Key Results, and they are a collaborative goal-setting process used to set ambitious goals that have measurable results. With OKRs, you can track the progress of your team, align them towards the same objective, and even drive engagement.
OKRs continue to be a hot topic, now more than ever given the current climate of remote work. Organizations continue to look for the best way to use OKRs to improve their employees’ performance and execute their strategies successfully.
Unlike KPIs (Key Performance Indicators), OKRs focus more on establishing what you want to achieve and determining how you’re going to do so. Considering you want to encompass a full project management process, it’s only logical to set OKRs to measure project effectiveness and gather performance data.