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Which one is not an example of qualitative KPIs you could track:Group of answer choicesStakeholder satisfactionCostStakeholder engagementTimeSafety

Question

Which one is not an example of qualitative KPIs you could track:

  • Group of answer choices
    • Stakeholder satisfaction
    • Cost
    • Stakeholder engagement
    • Time
    • Safety
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Solution

The KPI that is not qualitative is Cost.

Here's why:

  1. Qualitative KPIs are non-numerical measures used to assess the quality of a project, process, or task. They are often subjective and can be based on personal judgement.

  2. Stakeholder satisfaction and Stakeholder engagement are examples of qualitative KPIs. They are based on subjective measures such as surveys or interviews to gauge how satisfied or engaged stakeholders are with a project or process.

  3. Safety can also be a qualitative KPI, as it can be measured by assessing the quality of safety procedures, safety culture, or the perception of safety within an organization.

  4. On the other hand, Cost is a quantitative KPI. It is a numerical measure that can be objectively measured and tracked over time. It provides a clear, numerical value that can be used to assess the financial performance of a project or process.

  5. Similarly, Time is also a quantitative KPI. It can be measured in hours, days, weeks, or any other unit of time to assess the efficiency or productivity of a project or process.

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