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

Hall effect - semiconductor, Explain hall affect and derive the mathematic...

Explain hall affect and derive the mathematical expression for hall coefficient, also describe its applications. Sol. Hall effect If a metal or semiconductor material carr

Wave anlysers, Operation of heterodyne wave analyzer with block diagram

Operation of heterodyne wave analyzer with block diagram

Engineering design, following on from the first tma in this module, produce...

following on from the first tma in this module, produce a design report for one design of the product based on one of the scenarios covered on the following pages.

Latch - introductio to microprocessors , Latch A 8 bit  latch comprise...

Latch A 8 bit  latch comprises of transparent latch D flip  flop. It is commonly  used  to interface output  device with  microprocessor. A typical example of such 8 bit  latc

Three-phase Portable Bench Power Supply, hi can you help me to create a dc...

hi can you help me to create a dc to 3 phase ac circuit which can exceed at any point: 50V and 20A and 400W maximum. The output should be variable from about 0 – 25V per phase, wi

What is memory mapping, What is memory mapping? The assignment of memor...

What is memory mapping? The assignment of memory addresses to several registers in a memory chip is known as memory mapping.

Calculate reactive power to be delivered by the capacitor, A single-phase s...

A single-phase source delivers 100 kW to a load operating at 0.8 lagging power factor. In order to improve the system's efficiency, power factor improvement (correction) is achieve

General, a single phase 120 volts, 60hertz supply is connected to a coil of...

a single phase 120 volts, 60hertz supply is connected to a coil of 200 turns wound round a toroidal magnetic core with a mean length 100cm and cross section 20cm square &relative p

Explain electric polarization, Explain electric polarization. Electr...

Explain electric polarization. Electric polarization : This polarization density is the vector field such expresses the density of permanent or induced electric dipole momen

Determine the energy, Q. Consider a pair of coupled coils as shown in Figur...

Q. Consider a pair of coupled coils as shown in Figure of the text, with currents, voltages, and polarity dots as indicated. Show that the mutual inductance is L 12 = L 21 = M by

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