Workplace Data and KPIs
Ages 16–18Difficulty adapts to you
Workplace Data and KPIs
A KPI is a measurable indicator linked to a goal. Define the numerator, denominator, time period, and population before calculating. Compare like with like and avoid celebrating a percentage change without checking the absolute numbers.
Your goals
- ✓You can calculate and interpret key performance indicators, trends, rates, and comparisons.
- ✓You can use Workplace Data and KPIs, model correctly.
- ✓You can use the definitions, units, assumptions, and examples to check your answer.
Words to know
- Workplace Data and KPIs:
- Calculate and interpret key performance indicators, trends, rates, and comparisons.
- model:
- A rule or representation used to describe a situation and make a prediction.
Examples
- 1A completion rate is completed tasks ÷ assigned tasks × 100%, with the time period stated.
- 2Revenue can rise while profit falls if costs rise faster; track both measures.
Check these
- • Do not skip the meaning of a term or give a result without explaining what it means.
- • Keep every number, symbol, label, and unit in its correct place.
- • Show enough working to check how you reached your answer.
Helpful habits
- • Read the whole question before choosing what to do.
- • Show one clear step at a time and check each step.
- • If you are stuck, draw a model, try smaller numbers, or revisit the example.
Now try your own
Create your own workplace data and kpis example, solve it, and explain how you checked it.
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Helpful Hints“Hint: Break big problems into smaller steps!”