Importance Of Using Key Performance Indicators In Academic Research dailytaker.com

A key performance indicator, or KPI, is a quantitative measurement of productivity over time for a certain goal. KPIs offer goals for teams to strive towards, benchmarks to evaluate progress, and insights that aid individuals throughout the organisation or research team in making better decisions. Key performance indicators have an integral role in every field of life. It is significant in project management and organisational management. These benchmarks aid the strategic advancement of every department within the company, from marketing and sales to finance and human resources.