@inproceedings{orgut_batouli_zhu_mostafavi_jaselskis_2016, title={Metrics that matter: Evaluation of metrics and indicators for project progress measurement, performance assessment, and performance forecasting during construction}, DOI={10.1061/9780784479827.020}, abstractNote={The subjective and inconsistent use and interpretation of metrics related to progress measurement, performance assessment, and performance forecasting is a major obstacle to understanding the actual conditions of a construction project. In order to foster metric standardization for project controls, this study focuses on the construction phase to identify core metrics in progress measurement, performance assessment, and forecasting. First, an extensive list of metrics was extracted from a comprehensive literature review of both academic and industry sources and reviewed by a panel of experts to ensure that no important metrics were excluded. Second, an online survey was created and distributed to industry practitioners to capture project-specific information regarding metric usage and interpretation. Finally, metrics were evaluated in terms of their usage and importance; these results were compared to statistical analyses of key metrics closely linked to better cost and schedule performance in construction projects. Comparison revealed the gaps between perceived and quantitative relevance of metrics to overall project performance. Results show that out of 17 highly rated qualitative core metrics, only one, schedule variance, was among 11 quantitatively effective metrics.}, booktitle={Construction Research Congress 2016: Old and New Construction Technologies Converge in Historic San Juan}, author={Orgut, R. E. and Batouli, M. and Zhu, J. and Mostafavi, A. and Jaselskis, E. J.}, year={2016}, pages={189–198} }