17/11/2024
This Project Progress Dashboard was created using Microsoft Power BI. It offers a comprehensive overview of the organizationโs projects, showcasing financial investments, progress across various phases, and key performance metrics. The dataset used to develop this dashboard was sourced from Kaggle.
By analyzing the data, we can identify key trends, areas of strength, and opportunities for improvement.
Below is a detailed breakdown of the dashboardโs insights.
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๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐๐ฒ ๐๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ ๐จ๐ซ๐ข๐๐ฌ
โช๏ธ IT projects have a total cost of $130.39M, reflecting a significant allocation toward technology development.
โช๏ธ Marketing projects account for $126.99M, highlighting substantial focus on promotional efforts.
โช๏ธMedia projects represent the largest cost at $136.05M, indicating a strategic emphasis on media-related activities.
โช๏ธMobile App projects, at $104.88M, represent the smallest category but remain a critical focus.
The financial data indicates a balanced distribution of resources, with media projects receiving the highest funding.
๐๐ซ๐จ๐ฃ๐๐๐ญ ๐๐ญ๐๐ญ๐ฎ๐ฌ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง
โช๏ธ320 projects, or 32%, are currently in progress, showcasing steady activity.
โช๏ธ341 projects, or 34.1%, have been completed, marking a strong track record of delivery.
โช๏ธ339 projects, or 33.9%, are yet to be started, suggesting a need for prioritization and efficient initiation processes.
The nearly even distribution of projects across these statuses reflects an active pipeline but highlights potential delays in starting new initiatives.
๐๐ฏ๐๐ซ๐๐ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐๐๐ง๐ญ๐๐ ๐ ๐๐ฒ ๐๐ก๐๐ฌ๐
โช๏ธThe design phase shows the highest average completion at 53%, indicating it is well-managed.
โช๏ธThe deployment and post-production phases are both at 49%, suggesting consistent progress but room for improvement.
โช๏ธThe development phase, at 48%, has the lowest completion rate, indicating potential bottlenecks or resource constraints.
Improving efficiency in the development and deployment phases could accelerate project timelines and enhance outcomes.
๐๐ฏ๐๐ซ๐๐ฅ๐ฅ ๐๐ง๐ ๐๐ง-๐๐ซ๐จ๐ ๐ซ๐๐ฌ๐ฌ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐๐ฌ
โช๏ธOverall project completion stands at 52%, showing more than half of the work has been achieved.
โช๏ธIn-progress projects have an average completion rate of 50%, reflecting alignment with overall progress.
While these figures indicate steady performance, there is an opportunity to expedite ongoing projects to improve delivery rates.
๐๐๐๐ซ๐ฐ๐ข๐ฌ๐ ๐๐ซ๐จ๐ฃ๐๐๐ญ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐๐ฒ ๐๐๐๐ซ
โช๏ธThe dashboard highlights annual project benefits of approximately $0.3 billion, reflecting stable performance over time.
โช๏ธThe consistency of benefits suggests a strong operational foundation but also points to opportunities for scaling outcomes.
Targeted strategies to increase efficiency and project benefits could drive significant growth over the coming years.
๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ซ๐จ๐ฃ๐๐๐ญ ๐๐๐ญ๐ ๐๐๐๐ฅ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โช๏ธThe most expensive project is Anderson LLC in IT, with a cost of $933,536.74, requiring close monitoring to avoid overruns.
โช๏ธThe least expensive project is Armstrong Inc in Media, costing $86,282.79, reflecting efficient resource allocation.
โช๏ธHigh-performing projects, such as Abbott, Barrows, and Armstrong, are nearing completion at 94%, showcasing strong progress.
โช๏ธLow-performing projects, such as Anderson LLC, are at just 2% completion, requiring immediate intervention.
โช๏ธThe total cost of all projects is $498,308,678.49, indicating a significant investment portfolio.
This data underscores the importance of closely managing high-cost, low-progress projects to ensure timely completion and budget adherence.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ฆ๐ฉ๐ซ๐จ๐ฏ๐๐ฆ๐๐ง๐ญ
โช๏ธStreamlining project initiation processes is essential, as 33.9% of projects are still in the โNot Startedโ phase.
โช๏ธAddressing delays in the development phase, which has the lowest average completion at 48%, could improve efficiency.
โช๏ธDeployment and post-production phases, both at 49%, should be optimized to speed up delivery.
โช๏ธExploring ways to increase yearly project benefits could amplify the organizationโs overall impact and value creation.
While the organization is progressing steadily, key areas such as project initiation, development efficiency, and benefit scaling present significant opportunities for improvement.
Feel free to share your constructive feedback on this analysis.๐
