KPI¶
Metadata¶
| Property | Value |
|---|---|
| Type | concept |
| Domain | core |
| Status | active |
| Version | 0.1 |
| Owner | TBD |
| Steward | TBD |
Definition¶
A metric that has been formally designated as a key measure of organizational, departmental, operational, or strategic performance against a defined objective or expected outcome.
Description¶
KPI represents a governed performance measure used to evaluate progress toward an important organizational objective. A KPI may be based on a single metric or a combination of metrics and may have defined targets, thresholds, reporting frequencies, and accountable owners. Not every metric is a KPI. A metric becomes a KPI when the organization explicitly considers it important for evaluating performance or supporting a significant decision.
Related Concepts¶
organizationdepartmentteamprocessproductmetric
Source¶
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