KPI as a tool to consolidate internal management competence - Practice at PVEP
The article introduces the key performance index (KPI) system on its way to application in the Petrovietnam Exploration Production Corporation (PVEP). The paper provides comprehensive information with regard to KPI measurement, the implication behind indices related to business administration, alongside procedural steps to be taken. Factors supposedly contributing to work and budget performance management are also considered and presented.
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