Key Performance Indicators KPI

Course Feature

Cost

Paid
Provider

Udemy
Certificate

Paid Certification
Language

English
Start Date

2023-02-09
Learners

No Information
Duration

No Information
Instructor

Ijaz Hussain

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4.5

1,003 Ratings

This course on Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) is designed to help students understand the importance of KPIs and KRIs in business. It will provide an overview of KPIs, their role in employee morale, business objectives, personal growth and performance management. It will also explain the difference between KPIs and KRIs, and the benefits of KRIs in enterprise risk management. With this course, students will gain a better understanding of how KPIs and KRIs can help businesses reach their goals and objectives.

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Course Overview

❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 27th, 2023]

KPIs are important for businesses because they provide a value to compare against current performance, illustrate whether goals are being reached, and allow for setting goals, devising strategies, and evaluating performance. This course is designed to provide a brief study of KPIs, as well as metrics and key risk indicators. Four additional reasons why KPIs are important include strengthening employee morale, supporting and influencing business objectives, fostering personal growth, and being critical for performance management. A key risk indicator (KRI) is a metric for measuring the likelihood that the combined probability of an event and its consequences will exceed the organization's risk appetite and have a profoundly negative impact on an organization's ability to be successful. KRIs provide metrics regarding risks and their potential impact on business performance, and serve as an early warning capability for monitoring, analyzing, managing and mitigating key risks. Key performance indicators, on the other hand, demonstrate how well the organization is performing against its goals and objectives. They can be applied to people, processes and technologies that are critical to an organization's success.

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