Key performance indicators in business, Electrical Engineering

Assignment Help:

Key Performance Indicators in Business

Significance of Key Performance Indicators (KPIs) in the business of power especially within a change environment due to partial deregulation. The KPIs must possess certain features to be effective in reality.

A framework of two-stage model has been suggested for the successful implementation of KPIs in the organization. The KPIs associated to supply availability, cost, reliability, profitability and consumer service are to be implemented at the first stage. Within the second stage, the KPIs for commercial quality standard, voltage quality standard, service standard, finance and human resources could be implemented.

Instead, the KPIs are trying to standardize performance of the organization in power business by several parameters. This procedure of performance measurement will not only ensure the economic viability of the power utility organizations but also helps to enhance the satisfaction of power consumers.


Related Discussions:- Key performance indicators in business

Use of computers in power systems, Q. Use of Computers in Power Systems? ...

Q. Use of Computers in Power Systems? The control and stability of any electric power system is indeed extremely important, in particular when a system is expected to maintain

What are the features used mode 2 in 8255, What are the features used mode ...

What are the features used mode 2 in 8255? The single 8-bit port in-group A is available. 1. The 8-bit port is bi-directional and additionally a 5-bit control port is availa

Define intermodal dispersion, Define intermodal dispersion? Dispersion...

Define intermodal dispersion? Dispersion of the transmitted optical signal causes distortion for both digital and analog transmitted signal. The dispersion causes broadening o

Compute the theoretical and practical frequency ranges, Q. For an RG-290/U ...

Q. For an RG-290/U aluminum rectangular wave - guide, a = 58.42 cm and b = 29.21 cm. Compute the theoretical and practical frequency ranges of operation for the guide.

What is traffic intensity, Q. What is Traffic Intensity? Traffic Inten...

Q. What is Traffic Intensity? Traffic Intensity: Traffic load on a given network may be on local switching unit, interoffice trunk lines or other common subsystem. For analyti

Find the initial and final values of the armature current, Q. A 7.5-hp, 250...

Q. A 7.5-hp, 250-V, 1800-r/min shuntmotor, having a full-load line current of 26 A, is started with a four-point starter. The resistance of the armature circuit, including the inte

Example memory to registers , Example Memory to  Registers Example: ...

Example Memory to  Registers Example: Write  assembly  language  statement  to copy  data byte  36H  stored  at 2025 H  to register B. Solution : Assuming 2025 H is sto

Power semiconductor-controlled drives, Q. Explain Power semiconductor-contr...

Q. Explain Power semiconductor-controlled drives? Power electronics deals with the applications of solid-state electronics for the control and conversion of electric power. Con

Engineering, State the different stabilization techniques and compensation ...

State the different stabilization techniques and compensation techniques

Briefly explain energy and power, Q. Briefly Explain Energy and Power? ...

Q. Briefly Explain Energy and Power? If a charge dq gives up energy dw when going from point a to point b, then the voltage across those points is defined as v = dw/dq If

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd