Performance indicator

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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

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)