answersLogoWhite

0


Best Answer

Key Performance Indicators are quantifiable measurements, agreed to beforehand, that reflect the critical success factors of an organization. They will differ depending on the organization. A business may have as one of its Key Performance Indicators the percentage of its income that comes from return customers. A school may focus its Key Performance Indicators on graduation rates of its students. A Customer Service Department may have as one of its Key Performance Indicators, in line with overall company KPIs, percentage of customer calls answered in the first minute. A Key Performance Indicator for a social service organization might be number of clients assisted during the year.

User Avatar

Ellen Funk

Lvl 13
2y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

10y ago

Performance indicators which are also known as 'Key Performance Indicators ' (KPI) are used to evaluate the success of the particular activity in which they are engaged. Allowing the user the measure the success of a project.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are performance indicators used for?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why are performance indicators used in the army?

Because of chimpz :)


What is the key performance indicators for fabrication company?

What is the key performance indicators for fabrication shop


KPI?

Key Performance indicators


What are some examples of performance indicators?

There are many examples of key performance indicators. Some examples of this are a tv show pilot. A tv pilot is checked on it's key performance indicators to see if the audience liked it or not. Also, giving people samples of something, like a certain food and getting their feedback is a performance indicator of the food.


What are some examples of key performance indicators?

There are many examples of key performance indicators. Some examples of this are a tv show pilot. A tv pilot is checked on it's key performance indicators to see if the audience liked it or not. Also, giving people samples of something, like a certain food and getting their feedback is a performance indicator of the food.


When do you use quartile in real life?

Managers often quartile key performance indicators to improve results. Focusing on eliminating dispersion brings your low performers higher. Key performance indicators used could be employee efficiency, process improvement analysis and many others.


What are key performance indicators?

Key Performance Indicators are quantifiable measurements, agreed to beforehand, that reflect the critical success factors of an organization. They will differ depending on the organization. A business may have as one of its Key Performance Indicators the percentage of its income that comes from return customers. A school may focus its Key Performance Indicators on graduation rates of its students. A Customer Service Department may have as one of its Key Performance Indicators, in line with overall company KPIs, percentage of customer calls answered in the first minute. A Key Performance Indicator for a social service organization might be number of clients assisted during the year.


What is the correct form of the abbreviation of Key Performance Indicators?

Is it KPIs or KPI's


Explain relationship between financial and non-financial performance indicators in achieving corporate governance compliance?

relationship between financial and non-financial performance indicators in achieving corporate governance compliance.


Key performance indicator (KPI)?

Key performance indicators are specific metrics that show whether a company is meeting its marketing goals.


What are the Key Performance Indicator in managing telesales force?

Some Key Performance Indicators in telesales is how long the call lasts, the customer's perception of the salesperson and how many sales are made each hour. These KPIs are then used to evaluate the employee.


What has the author Philip Green written?

Philip Green has written: 'Misleading indicators' -- subject(s): Statistical methods, Economic indicators, Management, Work measurement, Performance