It’s important to know what a development team is doing, and how well they’re doing it. It’s important for the company to know if people are working efficiently or if they need help with certain tasks. KPIs (key performance indicators) are used to measure the progress of various teams. In this article, we’ll go over some of the best KPIs for development teams.
Product coverage is a good KPI for a development team. It’s a measure of how much of the product was delivered, and it can easily be tracked in terms of time or user stories.
For example, if you have a feature that has been in development for 6 months and hasn’t shipped yet, then you would say that the coverage is 60%. That means 40% of your users are not experiencing this feature yet. Or you could use similar measures like story points completed, or number of users who have access to this feature after release date/QA testing etc
- Software quality is the degree to which software meets standards for functionality, usability, reliability, efficiency and maintainability.
- The quality of a software product is an important factor for its users and stakeholders. Software quality can be measured in a number of ways.
The following metrics are useful for tracking the performance of your development team:
- Number of production issues. The number of production issues that are introduced in each sprint should be tracked. This will enable you to identify any significant increases or drops in this metric over time, and take appropriate action when necessary.
- Time spent resolving production issues. The amount of time required to resolve each production issue should also be recorded, so you can monitor trends in this area as well. You may find that there are certain types of issues that are taking longer than usual to fix, or perhaps other types seem to be occurring more frequently than before. If either is true, then you should investigate why this might be happening so as to determine what changes need making—for example: Are there enough people working on fixing these types of problems? Are they working together effectively? Are there enough testing resources available? Do they have access to the right tools and information?
Feature parity is the ability to deliver a feature that is similar to a competitor. It is important because it’s a measure of how well your product performs against competitors.
Your development team should be focused on the following KPIs:
- Customer satisfaction. This includes metrics such as customer retention, complaints, and requests. It’s important to monitor these metrics so you know how customers are feeling about your product or service. For example, if a lot of people are requesting refunds for a product or service, it’s likely that there’s something wrong with it (or its marketing). A good way to measure this is through customer satisfaction surveys which can be sent out via email or in-app messaging. They allow you to gather feedback from customers directly so you know how they feel about their experience with your company/product/service.
- Customer feedback. Feedback gathering is another great way of measuring customer experience because it involves finding out what customers think about specific aspects of your business like products & services offered; quality control measures; pricing plans etcetera.. You can use this insight into improving future products by incorporating changes based on the feedback received from current ones – so check out our article below for ideas on how!
- Planning Accuracy: How well your team can estimate the time required to complete a task, project, release or sprint.
- Task Completion Rate: The percentage of tasks that were completed on time and within budget.
- Task Commitment Accuracy: How well your team estimates task effort and duration (in hours). This metric is calculated by dividing committed hours by actual hours spent on those tasks. It is expressed as a percentage of committed hours worked.
- Project Completion Rate: The percentage of projects that were completed on time and within budget.
These are good KPI for a development team.
- Product coverage: The percentage of the product that is covered by automated tests.
- Software quality: The number of defects found during testing and the time it takes to fix them.
- Production issues: The percentage of production issues (bugs, performance problems) closed within specified time frame.
- Feature parity: The ratio between new features added and old ones removed to keep the codebase in sync with requirements.
- Customer experience: Number of customers using product per month/day/year etc., customer satisfaction score based on surveys etc., average duration spent by user on site per session and so on. You can also measure productivity based on how many bugs they find while building new features or fixing existing ones.
If you have a development team, these are the KPIs that you should track for your product. They will help you in keeping track of the progress and health of your product. However, if you are not tracking these KPIs then it is time to start doing so as soon as possible before losing out on valuable insights due to lack of data!