Performance measurement indicators and KPI methodology

Area:

Management Area

Competence:

Performance evaluation

Notes

Goals:

Analyze the function of KPIs (Key performance indicator) and the methods by which indicators are used to measure performance of the performance and business processes. Understand measures, characteristics and utility of key performance. Examine in detail the indicator framework (general, cost, quality, service) and KPI methodology.

Plan:

1. MEASURING PERFORMANCE WITH PERFORMANCE INDICATORS
Utility and characteristics of indicators
Performance Measurement System
Planning and control system
What are KPIs (Key performance indicators)
Definitions
Usefulness of indicators
Measuring results and improving performance
Characteristics of the measurement and control system
Indicator measurements
Cost measures
Time measures
Quality measures
Cost, service, and quality
Effectiveness and efficiency
2. KPI INDICATOR SCHEME AND METHODOLOGY
KPI indicator scheme
Function of Key performance indicators
Measuring business process performance
Analytical KPI indicator scheme
General KPIs
Cost KPI
Quality KPI
Service KPI
KPI Glossary
KPI methodology
Selection of processes to be controlled
KPI identification
Indicator refinement
Robustness verification
Dimensional analysis
Refining requirements
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