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.
DEFINITION of 'Key Performance Indicators-KPI'. A set of quantifiable measures that a company or industry uses to gauge or 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).