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.
Like benchmark indicators, performance indicators can be goals, but they're more like steps on the way to the larger goal. You also can think of key performance indicators as a way to measure your progress toward the benchmark goal and to gauge how close you are to reaching that goal.