KPI of the Day – Project Management: # Cost performance index (CPI)

Definition
Measures the numeric value that describes a project’s overall cost-related performance.
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Measures the numeric value that describes a project’s overall cost-related performance.
Measures the percentage of product returns that were valued again, from overall returned products.
After the financial crisis that began in 2008, banks have been taking steps to improve their performance management and measurement capabilities in light of new economic and market conditions and new management needs.
Measures the percentage of perfect orders delivered, from the total number of orders. The criteria for perfect orders can be set by each company.
Time is the most important resource that companies and individuals have. Once lost, it cannot be recovered, nor can it be substituted by other means. Having to work under strict deadlines, with not enough time to complete all the tasks, or having difficulties in finding the right balance between personal and professional life are two common problems that individuals are struggling with today.