Definition: Short for Key Performance Indicators, KPI represents certain goals or objectives for a project or company. The KPIs must be quantifiable and are typically agreed-upon upfront, or before the start of the project. For example, consultants may use measurable key performance indicators to track the success of a client project. In that case, the client would agree to the designated KPIs prior to the start of the work.
Also Known As: Key Performance Indicators