Key performance index for construction
Key Performance Indicators (KPI) are a set of quantifiable measures that a company or industry uses to gauge and compare performance in terms of meeting their strategic and operational goals. KPIs vary between companies and industries, depending on their priorities or performance criteria. Also referred to as "key success indicators (KSI)". Construction KPIs are generally organized and grouped into a several key categories which must be included in every performance management system: Cost – cost related metrics monitor the expenditures and spending per project and overall. It is important to track the cost metrics on an ongoing basis to ensure proper cash management and manage Key performance indicators (KPIs) in project management consist of various specific measurement tools for indicating how well teams are achieving specific goals. Project management KPIs are generally agreed upon early in the project.