KPI of the Day – Insurance: # Insurance underwriting time
Definition
Measures the time taken, on average, to calculate the rate of an insurance application.
KPI of the Day – Utilities: # Fresh water withdrawn for business use
Definition
Measures the total quantity of fresh water withdrawal for industrial use and sanitation by a company from different sources, such as water authorities, lakes, rivers and wells, during the reporting period.
Simplifying Performance Assessments for Remote Workers
At present, nearly 3.9 million Americans work remotely, while by 2027, it is expected that remote workers will equate to more than 50% of the workforce, according to a feature published in Forbes.
KPI of the Day – Utilities: # Wastewater collected and treated (WCT)
Definition
Measures the average quantity of wastewater collected and treated per day during the reporting period.
KPI of the Day – Project Management: % Project schedule variance
Definition
Measures the variance in terms of schedule, highlighting the percentage of work that is yet to be completed as per project schedule.
