Since then, the expression “time is money” has evolved from how long it takes to get something tangible done to how fast one can gather, analyze, and act on Key Performance Indicators (KPIs).

The tide does seem to be shifting towards procurement of outcomes and not deliverables In construction, an example of Goodhart’s law would be a focus on production rates. Having KPIs for output (for ...

the first in the sector to use three key performance indicators (KPIs). The Monterrey-based construction materials company's loan included a pricing mechanism that incentivises performance against ...