Key Performance Indicator (KPI)
An important metric that is used to evaluate the success in meeting an objective. KPIs should be "SMART" (Specific, Measurable, Achievable, Relevant, and Time-bound).
An important metric that is used to evaluate the success in meeting an objective. KPIs should be "SMART" (Specific, Measurable, Achievable, Relevant, and Time-bound).
"What gets measured gets managed." KPIs focus attention on what is important.
We are wary of Vanity Metrics. Don't measure "Total Tickets Closed" (that encourages closing tickets without fixing them); measure "Customer Satisfaction" or "Service Stability." A good KPI changes your behavior; a bad one just makes a nice chart.