In project management, the measurements and metrics are important activities for successful product development. This article describes a set of metrics successfully used in industrial practice in distributed product development. Based on the experiences, the reasoning for selecting these metrics was that they are easy to capture and can be quickly calculated and analyzed on a regular interval. Another important reasons for choosing these metrics was that they were aimed especially to provide early warning signals. This is especially important in distributed projects, where specific means to track project status are needed.