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Key Performance Indicator (KPI)

Definition

Key Performance Indicators (abbreviated: KPIs) are business management metrics that determine the performance and thus the success within a company.

By means of continuous monitoring of these performance metrics by management or controlling, individual processes, departments or projects can be controlled and evaluated.

Depending on the company or area, different KPIs are used. For example, accounting is more interested in metrics such as cash flow and profitability, while marketing deals with sales metrics.

With projectfacts you can create individual KPIs and have them monitored automatically.