Key Performance Indicator - Definition

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Key Performance Indicator

A Key Performance Indicator (KPI) is a type of measurement used to evaluate elements of an organizations performance. An organization may use KPIs to evaluate its success, or to evaluate the success of a particular activity in which it is engaged.

Success can be defined in terms of making progress toward strategic goals or alternatively is the simply repeated periodic achievement of operational goals.

Related to: Business Process Analysis

Last Updated: 3/20/2018 11:26:50 AM

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