17 years helping Canadian businesses
choose better software

KPIV (Key Process Input Variable)

A KPIV (key process input variable) is an input parameter that significantly impacts the outcome of a given process. Therefore, it is essential to measure and monitor it closely to ensure that the process remains within acceptable parameters.

What Small and Midsize Businesses Need to Know About KPIV (Key Process Input Variable)

For SMBs, this means identifying and tracking the most critical factors affecting their business so they can make better decisions based on actual data rather than intuition or guesswork. By doing this, they can improve their chances of success while also reducing the amount of risk they are taking.

Related terms