KPI Practice Exam
About KPI
A Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets. High-level KPIs may focus on the overall performance of the business, while low-level KPIs may focus on processes in departments such as sales, marketing, HR, support and others.
Key Performance Indicators (KPIs) are the critical (key) indicators of progress toward an intended result. KPIs provides a focus for strategic and operational improvement, create an analytical basis for decision making and help focus attention on what matters most.
Managing with the use of KPIs includes setting targets (the desired level of performance) and tracking progress against that target. Managing with KPIs often means working to improve leading indicators that will later drive lagging benefits. Leading indicators are precursors of future success; lagging indicators show how successful the organization was at achieving results in the past.
Why is KPI important?
The importance of KPIs can't be understated. KPIs are more than numbers you report out weekly - they enable you to understand the performance and health of your business so that you can make critical adjustments in your execution to achieve your strategic goals.
The Advantages of KPIs
• Close Learning Gaps.
• Empower Employees to Take Action.
• Measure Outcomes and Results.
Who should take the KPI Exam?
• Senior professionals
• Business owners
• Entrepreneurs
• Innovators
• Anyone who wants to assess their KPI skills
• Managers and senior executives
• Consultants
• Any professional with skills and knowledge on KPI
• Anyone interested in KPI
• Anyone who wants to learn KPI
• Students
Knowledge and Skills required for the KPI
Critical thinking and good communication skills helps candidate to gain quick success for career in KPI.
KPI Practice Exam Objectives
KPI exam focuses on assessing your skills and knowledge in KPI selection and performance.
KPI Practice Exam Pre-requisite
There are no prerequisites for the KPI exam.
KPI Certification Course Outline
1. Performance measurement basics
2. Strategy management
3. Key performance indicators types & forms
4. KPI lifecycle
5. KPIs selection criteria
6. Data custodians
7. Performance reports
8. Dashboards/scorecards
9. Performance analysis
10. Performance review meetings
11. Monitoring and improving KPIs
Exam Format and Information
Certification name – KPI Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees - INR 1199