What are some common metrics for evaluating project success?
An example of an AI chatbot conversation about common metrics for project evaluation.
What are some common metrics for evaluating project success?
Common metrics include ROI, NPV, project completion time, and stakeholder satisfaction.
Can you explain how to calculate ROI?
ROI is calculated by dividing the net profit of the project by the total investment, then multiplying by 100.
What is NPV and why is it important?
NPV, or Net Present Value, measures the profitability of a project by comparing the present value of cash inflows to outflows.
How do I measure stakeholder satisfaction?
Stakeholder satisfaction can be measured through surveys, interviews, and feedback sessions to gauge their perceptions.
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