A Key Performance Indicator, KPI is a defined value that is used to show and measure the progress in realizing goals. A KPI indicates whether an organization has attained its goals in a specific time frame.
The metrics that are measured and tracked depend fully on the organization’s strategy. Dragon1 promotes creating a list of priorities, goals, or issues and per item breaking it down to values you can measure.
A key performance indicator can be seen as a step on a ladder where the end of the ladder is a realized goal. A KPI is often a percentage or part of your goal. With KPIs, you can see how far you are behind or how well you are on track.
Below are the lists of common key performance indicators for the following areas:
Here is the list of the KPI examples:
Here you see an example of how to relate the measurements of Health Informatics and KPIs or other benchmarks.
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