Thursday, April 7, 2011

Key Performance Indicators are peformance or efficiency measures


KPI means key performance indicators, measuring performance
KPIs are mostly ratios -  between input and output variables

KPI measures
Type of information
Financial data
Produced by the accounting department
Methods
Key Performance Indicators
Meaningful  efficiency ratios
Scope
Any key performnce Areas
 every one has their own performance areas
Length
Monthly
 between two accounting periods
costs
Inexpensive
normal financial data
Focus
Job
work output
Exposure
No risk, low profile
self appraisal

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