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A key performance indicator, is simply a quantifiable measurement , also known as a KPI, data point used to gauge performance relative to some goal.
Gary Bush, Vice President-Project Management. Mr.
Bush has over 40 years work experience as a lead engineer in the power industry, LNG re-gasification, pipeline design., , waste-to-energy gasification, industrial power, including public power utilities Facilities Project Execution. Leading lagging indicators project management.
Effective KPIs focus on the business processes , functions that senior management sees as most important for measuring progress toward meeting strategic goals , performance targets. Mike serves as LeadingAgile’s resident champion of core agile values , principles.
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Question 1: Am I measuring a process. Measuring the outcome of a process—rather than a discrete, not-to-be-repeated event—is a fundamental element of building a performance indicator.
The value of R2 ranges from zero to 1. If the regression equation explains none of the variation in Yi.