The statement is "True".
KPI stands for “Key Performance Indicator “and is a quantifiable value that exhibits how successfully an organization is accomplishing key business goals. Associations utilize KPIs to assess their prosperity at achieving targets. Choosing the right KPIs will rely upon your industry and which part of the business you are hoping to track.
Answer:
Yes, true; performance indicators are mechanisms to assess the execution and fulfillment of certain activity, evaluate the achievements in an organization in order to measure its success.
Ergo setting the right KPIs allow the projects in an organization to be driven by smart decisions, and to know how effective the organization is achieving its goals.
Explanation:
