Viet Finance Blog

All you need to know about finance

Viet Finance Blog - All you need to know about finance

Metrics: Measuring A Project’s Success

In today’s IT-driven world, businesses, educators and retailers are finding the merit in having in-house systems to plan, keep track of and measure the effectiveness of group meetings in a particular environment or platform.

Enter The Metrics System

Today, one can measure the dynamics of a group meeting more easily and effectively through processes similar to that of MeetingMetrics. Comprehensive services such as these provide the data, statistics and measuring standards to report back as to what went on at a meeting, and how was it perceived by its participants.

Return-on-event (ROE) has become a buzz word, of sorts, in today’s business-related environments. ROE enables planners to measure both the post-meeting psychological effects and the financial return-on-investments (ROI) on those who participated.

How Metrics Works

Striving for user-friendly experiences, uniquely designed and integrated applications almost assure an organization of the event’s success–before a meeting. Seeing the future before it happens, planners readily have access to what went right and what went wrong at the event.

Done primarily by meeting management tools, participants have access to customizable pre- and post-meeting questionnaires for all participants. An online 24/7 report site using interactive selection virtually guarantees rapid survey deployment, information gathering and reporting results. A research consultant also is available to assist with the actual questionnaire’s design and results.

Today, through the use of metrics, planners, organizers and executives have the dynamic and effective tools to measure the success of their meetings and adequately plan for the next one. No matter what field they find themselves in, in essence, metrics have now become the ultimate feedback tools.