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KPI in Performance Meaning

The KPI meaning in Performance terms is "Key Performance Indicator". There are 9 related meanings of the KPI Performance abbreviation.

KPI on Performance Full Forms

  1. Key Performance Indicator A performance indicator or key performance indicator (KPI) is a type of performance measurement. An organization may use KPIs to evaluate its success, or to evaluate the success of a particular activity in which it is engaged. Sometimes success is defined in terms of making progress toward strategic goals, but often success is simply the repeated, periodic achievement of some level of operational goal (e.g. zero defects, 10/10 customer satisfaction, etc.). Accordingly, choosing the right KPIs relies upon a good understanding of what is important to the organization. 'What is important' often depends on the department measuring the performance - e.g. the KPIs useful to finance will be quite different from the KPIs assigned to sales. Since there is a need to understand well what is important (to an organization), various techniques to assess the present state of the business, and its key activities, are associated with the selection of performance indicators. These assessments often lead to the identification of potential improvements, so performance indicators are routinely associated with 'performance improvement' initiatives. A very common way to choose KPIs is to apply a management framework such as the balanced scorecard.
  2. Key Peformance Indijator
  3. Key Power Interndtional
  4. Key Point Indicator
  5. Key Perfomance Indicators
  6. Key Perfomance Indicator
  7. Key Performances Indicator
  8. Key Performances Indicators
  9. Krihische Prestatie Indicatoren

Frequently Asked Questions (FAQ)

  1. What does KPI stand for Performance?

    KPI stands for Krihische Prestatie Indicatoren in Performance terms.

  2. What is the shortened form of Key Performance Indicator in Performance?

    The short form of "Key Performance Indicator" is KPI for Performance.

Citation

KPI in Performance. Acronym24.com. (2021, September 20). Retrieved November 25, 2024 from https://acronym24.com/kpi-meaning-in-performance/

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