Adil Khan 11 months ago
AdiKhanOfficial #FYP Ideas

Development of KPIs Score Card for an Automotive Industry

Performance management has been included in every company strategy plans for making its goals achievable by measuring how well it is doing. The most important and value-added measuring for performance management is the Key Performance Indicators. At Auvitronics Limited, we are developing KPIs Score

Project Title

Development of KPIs Score Card for an Automotive Industry

Project Area of Specialization

Information & Communication Technology

Project Summary

Performance management has been included in every company strategy plans for making its goals achievable by measuring how well it is doing. The most important and value-added measuring for performance management is the Key Performance Indicators. At Auvitronics Limited, we are developing KPIs Score Card system for getting better fact decision making abilities available to guide the flow of goals achievement. Our goal is to make a dashboard generating software with just the KPIs data feeding which is beneficial for the Company in analyzing and observing the performance of individual role, departmental role and group role if they are going into the right direction or not.

Project Objectives

The main purpose of this project is to make the company performance more efficiently and less costly so that they could not be distracted from their strategic goals. Also they have a competitive advantage of timely fact based decision making without the massive price tag.

Project Implementation Method

The methodology for developing and implementing the project will involve the traditional 12 steps process defined in the KPI Manual by AusIndustry (an Australian government department). According to this methodology, the primary role of performance measures is to help the organization focus on the critical success factors of the business. The methodology will involve finding the critical success factors of the industry and align those CSFs with some KPIs then monitoring those KPIs by programming an effective dashboard. he available dashboard software can overburden the organization in term of cost. Also many features and functions of those software are useless for organizations and it may also be possible that some of the required features are not available. By keeping these problems in mind, an effective dashboard software will be programmed using python programming language  according to the requirement of the industry.

Benefits of the Project

Performance management tools are very useful which can help the industries to measure their performance against their strategic goals. It ensures that cross-functional departments are working effectively and collectively towards achieving their strategic objectives.

Technical Details of Final Deliverable

  1. Dashboards and reports making tool.
  2. Timely fact-based decision-making power.
  3. Competitive advantage without the massive price tag.

Final Deliverable of the Project

Software System

Core Industry

Manufacturing

Other Industries

Core Technology

Others

Other Technologies

Sustainable Development Goals

Industry, Innovation and Infrastructure

Required Resources

Item Name Type No. of Units Per Unit Cost (in Rs) Total (in Rs)
KPI Development and Implementation Training Equipment4550022000
KPI Dashboard Programming Equipment4575023000
Books and Literature Equipment150005000
Tools for 12 stage Implementation Process Equipment170007000
Overhead Cost Equipment130003000
Miscellaneous Cost Miscellaneous 160006000
Total in (Rs) 66000
If you need this project, please contact me on contact@adikhanofficial.com
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