How Danfoss improved project predictability with clear metrics
Company
Danfoss - a global leader in industrial drives and solutions, with more than 5,000 employees across engineering and manufacturing units worldwide.
Challenge
Danfoss faced recurring delays in new-product development and struggled with resource usage efficiency across its R&D portfolio. Projects often ran off plan, and the PMO lacked consistent visibility into progress and performance.
Solution
Working with Keto Software, Danfoss implemented Earned Value Analysis (EVA) with standard metrics such as Cost Performance Index (CPI) and Schedule Performance Index (SPI). Dashboards were configured without coding, giving real-time visibility into cost, schedule, and resource performance across the R&D portfolio.
Impact
- Project predictability improved significantly
- Tolerance tightened on accuracy indicators
- Reporting became consistent and comparable across projects
- Teams started using metrics proactively for corrective actions
“The availability of integrated dashboards meant we could finally compare projects consistently and track improvement actions with confidence.”
What do you get on day one
- Clear dashboards with standard earned-value metrics (CPI, SPI)
- KPIs defined and applied consistently to all R&D projects
- A configurable business intelligence environment
- Reliable data for leadership decision-making
Highlights
- Standardized earned value metrics (CPI, SPI)
- Intuitive dashboards requiring no coding
- Improved project plan quality and effort estimates
- Effective resource allocation
- Transparent reporting without extra overhead
Timeline
Keto’s solution was introduced in 2020 and then scaled across Danfoss’s R&D portfolio.