Performance indicator
Contents
Definition
A type of performance measurement (also Key Performance Indicator, KPI). KPIs evaluate the success of an organization or of a particular activity in which it engages ( http://en.wikipedia.org/wiki/Performance_indicator Wikipedia)
Purpose & benefits
To help monitor the operations/processes/activities of the organisation in order to ascertain the degree to which is is meeting it's goals and objectives.
Description
A performance indicator is often one of a set of indicators that are collected to monitor the operations and activities of the organization to determine how well or poorly it is achieving it's goals and objectives.
Related articles
Knowledge management performance model, Measure, Performance management, Performance measure
Synonyms
Metric, Key Performance Indicator (KPI), Key Success Factor (KSF)
