performance indicator


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performance indicator

a proxy measure of organizational performance often used where profit or ‘bottom-line’ indicators are either inadequate or irrelevant guides to performance. Non-profit-making organizations or those with a multiplicity of objectives can find such indicators especially beneficial. Their use has been encouraged in the UK public sector in recent years, though private sector companies can also find them useful to measure and develop their quality of services. In the public sector their primary use has generally been to measure the relationship of inputs to outputs, thereby providing an indication of both efficiency and of the quality of output (effectiveness). Use of these indicators is thought to improve managerial decision-making and resource allocation. However, selection of appropriate indicators can be problematic whilst measurement and recording of output can be difficult. See MANAGEMENT BY OBJECTIVES, BALANCED SCORECARD.
References in periodicals archive ?
Descriptive statistics (mean [+ or -] SD) were calculated for each team performance indicator relative to match outcome (win/loss).
The NRC evaluates inspection findings and performance indicators at commercial nuclear power plants with a color-coded system that classifies them as green, white, yellow or red, in increasing order of safety significance.
Analysing and Reporting Performance Indicator Data : "Caress" the data and user beware
These measures, which are usually composed of an objective and a target for the objective, are called performance indicators.
We understand that the Home Office is intent on reducing the number of police force key performance indicators - a move that can perhaps be welcomed insofar as it reduces operational bureaucracy.
A between-team effect of the selected indicators was assessed by averaging the values of the performance indicator and points scored for each of the 26 teams.
Customer satisfaction is a Key Performance Indicator for many organizations, and formal measurements of this type are critical to the Touchpaper IT Business Management concept.
During inauguration of a workshop to discuss outcomes of the results-based budget (RBB) and performance indicators program, carried out by the International Institute for Governance and Risk (GovRisk), Kanakariya added the ministry is focusing on reviewing strategic objectives and key performance indicators, and is pushing ahead with this ambitious project to render the ministry's work more effective.
The Asia University Ranking used 13 performance indicators to provide the most comprehensive and balanced comparisons.
The budget and planning committee og parliament has received the budget for the first quarter (Q1) of fiscal year 2017/2018 from the Ministries of Housing and Transport, in accordance with performance indicators and programmes.
Some of the findings reported by the PBO show, with relation to outcome one (quality basic education), that a mere 10 of the 40 MTFS performance indicators are presented in departmental APPs.
Key performance indicators for civil service officials were decided upon at a meeting organised by the Civil Service Bureau (CSB).

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