What Are Key Performance Indicators (KPIs)?
A KPI represents the result of a business measure (for example, Product Sales or Operational Costs) evaluated against a target for that measure.
You can use KPIs to assess the progress of the objectives and initiatives that form levels of organizational strategy.
You can create KPIs that you need:
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Within a scorecard. This enables you to create the KPIs as you are creating or editing the scorecard.
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Outside a scorecard. This enables you to create the KPIs in advance of creating or editing a scorecard.