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.
Key performance indicators (KPIs)âalso called âstrategic measuresââare both actions and tools of measurement used to monitor the progress toward achieving these objectives. In its simplest form, a KPI is a measurement device that helps you understand how your organization is doing in regard to its goals.