The basic procedure of a quantitative design is: 1  Make your observations about something that is unknown, unexplained, or new. 2  Hypothesize an explanation for those observations. 3  Make a prediction of outcomes based on your hypotheses. 4  Collect and process your data. 5  Verify your findings.
Unsourced material may be challenged and removed. (October 2014) (Learn how and when to remove this template message) A performance indicator or key performance indicator (KPI) is a type of performance measurement. KPIs evaluate the success of an organization or of a particular activity in which it engages.
By defining your key performance indicators (or KPIs). Now, before we discuss how to define your KPIs, letâs review what KPIs are and are not. A key performance indicator is: A measurement of activity (often referred to as a metric) that reveals how a business or team is performing against its goals.