What are good examples of KPIs performance indices?

Question

BlackTom AI · Accepted Answer

When evaluating which items are good examples of KPIs (Key Performance Indicators) for performance indices, we examine whether each option represents a measurable, actionable metric that reflects performance.
Option 1: '' (empty string). This is not a usable KPI option because it provides no content to measure or track. Without a defined metric, there is nothing to monitor or improve, so it should be treated as invalid.
Option 2: 'Safety performance is acceptable'. This statement describes a qualitative assessment rather than a specific, measurable indicator. A KPI would typically be a numeric or clearly defined metric (for example, injury rate, days since last incident, or near-miss frequency). Saying it is acceptable is subjective and lacks a target or threshold, so as written it is not a strong KPI.
Option 3: 'Positive stakeholder engagement and communication'. This wording points toward a KPI category—stakeholder engagement and communication—aspects that can be measured via metrics (e.g., stakeholder satisfaction scores, response times, number of stakeholder meetings, or clarity of communications). While you would want concrete metrics to qualify it as a KPI, the concept itself is a valid KPI domain.
Option 4: 'Project is on or ahead of schedule'. This is a classic, well-defined KPI with a clear metric: schedule performance, such as percent of milestones met on time or schedule variance. It directly measures a project performance index and is commonly used as a KPI in project management.
Overall, the strongest KPI among the options is Option 4. Option 3 can be a KPI if accompanied by specific metrics and targets. Option 2 needs concrete numerical targets to function as a KPI, and Option 1 is not a usable KPI due to being empty. The reasoning here emphasizes the need for measurable, targetable indicators to qualify as KPIs rather than vague or qualitative descriptions.

ENGM90007_2025_SM1 Quiz 1, Week 2

What are good examples of KPIs performance indices?

View Explanation

Log in for full answers

Similar Questions

In a consumer society, many adults channel creativity into buying things

Economic stress and unpredictable times have resulted in a booming industry for self-help products

People born without creativity never can develop it

A product has a selling price of $20, a contribution margin ratio of 40% and fixed cost of $120,000. To make a profit of $30,000. The number of units that must be sold is: Type the number without $ and a comma. Eg: 20000

Which of the following statement regarding cost is correct:

Under the assumptions used in cost-volume-profit analysis, as the activity increases:

The CVP and break-even analysis are supported by a range of important assumptions. Which of the following is not an assumption of the CVP:

The break-even point is that at which:

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler