General Knowledge · Management Principles
Why is Key Performance Management (KPM) considered more comprehensive than Key Performance Indicators (KPIs) in project management?
- 1It encompasses not only measurement but also continuous monitoring, review, and corrective actions.✓
- 2It focuses exclusively on financial outcomes.
- 3It avoids aligning performance results with strategic objectives.
- 4It completely disregards feedback mechanisms and stakeholder involvement.
Correct answer
It encompasses not only measurement but also continuous monitoring, review, and corrective actions.
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