Team productivity metrics
On the eve of the start course “Product Manager of IT projects”, OTUS expert and author telegram channel FreshProductGo – Sergey Koloskov shared with us a little useful material.
Understanding how effectively the product team is working will help you properly assess the development of your product and improve the possible results. It also describes the key analytics competencies required for the effectiveness of the product team. Performance assessment is a flexible process and can be from the following metrics:
The ratio of planned to accomplished
Even if the change in plans did benefit your product, you need to understand how well the team worked on the previous plans. The ratio of planned to completed will show what percentage of tasks the command was able to complete.
Running a work cycle
Agile metrics can be used in almost any kind of product. Such a system forces you to break tasks into small subtasks and thus optimize your productivity. The shorter the cycle is, the faster you get things done. Breaking the task down into short work cycles will help your team be more productive as deadlines approach. It is important to measure whether employees completed the task on time, within a given time frame.
Involvement
Pay attention to missed meetings, sick days, and late arrivals. All of these factors may indicate that the employee is experiencing professional burnout or something else. For a small team with tight deadlines, the absence of one employee can negatively impact the morale of all other employees. While attendance and time spent at work may not necessarily reflect employee productivity, these metrics can be useful for measuring your team’s motivation.
Number of bugs
This metric is usually used by developers who count the number of missed bugs in a new product. It will suit every team easily if you count bugs affecting the buyer as defects. Once you identify the total number of “bugs”, you can calculate how many of them appear in a given time and understand how satisfied your customers and the productive team are.
Attendance
Pay attention to missed meetings, sick days, and late arrivals. All of these factors can indicate that the employee is experiencing professional burnout or something else. For a small team with tight deadlines, the absence of one employee can negatively impact the morale of all other employees. While attendance and time spent at work may not necessarily reflect employee productivity, these metrics can be useful for measuring your team’s motivation.
What analytics products should have in order to record team performance
Business analytics
Identifying business needs, assessing them, making decisions to change existing processes or introduce new ones. Description of possible options for business development, it is necessary to be well oriented in business, understand and apply marketing research, be in a business trend.
System Analytics
Filtering business requirements, understanding the feasibility of development, and then fixing functional requirements in an accessible way for development (writing technical specifications, statements, their approval), coordinating the development process, the ability to quickly provide information, making informed decisions on development problems. Product acceptance.
UX analytics
Identifying the needs of the user, the ability to transfer these needs to a user friendly user interface. Designing web systems and applications.
Possession of web interface design tools. Knowledge of the principles of usability, mastery of design techniques. Ability to see the big picture from the user’s point of view.
Big Data analytics
Structuring data for storage, transformation, search, quick and convenient access to them, for subsequent processing and analytical reporting or to meet other business needs.
Data Scientist Analytics
Formulation, fixation of put forward mathematical hypotheses for making decisions regarding the company’s business.
Integration analytics
Building mapping tables of various data formats on top of each other, knowledge of integration products, understanding of the main architectural solutions for building integration processes. Coordination of the development process