While raising the query, you could have given little more information about yourself. Are you a student or professional? why have you raised this query?
the questions that you have asked are of very basic nature. You could have Googled and obtained answers from the web resources. Otherwise, in the "Performance Management": category of this forum, you will find similar queries raised in the past. You will get answers to these queries.
Recently, I have replied a query on Performance Management System (PMS). Go through the following link:
I provide consulting services to establish comprehensive PMS. If you wish to hire my paid services then you may approach me.
8th April 2015 From India, Bangalore
I need to make a survey on evaluation of KPI staff in my college whether their KPI is relevant or not.. and also for the unit which never have KPI yet.
9th April 2015 From Malaysia, Shah Alam
To handle the assignment of Project Management Officer (PMO), you should have thorough understanding of the concepts of KPI, KRA, PMS and so on. To get thorough understanding, you should have worked in a company where full-fledged has been instituted long ago. On the contrary you have started your assignment with the most basic question like "What is KPI?" Not you put you down or put you off but then your seniors should never have given this assignment to a greenhorn like you.
You are from which country? Will it be acceptable for your management to hire services external consultant? If yes, then we may work together. If you give me this assignment then I will lay a proper foundation and you just have to monitor further.
9th April 2015 From India, Bangalore
KPI is Key performance Indicator. Whenever an organization sets up KRAs for an employee (Key result areas) they also set up Metrics to measure the performance of the employees. The measurable results of the performance v/s the objectives set are called Key Performance Indicators. All this and more on Performance Management can be provided by Origin Consultants Private Limited
9th April 2015 From India, Mumbai