AEA Wave Online Practice Exam

Question: 1 / 400

What is the primary purpose of key performance indicators in a program?

To allocate resources based on anecdotal evidence.

To gauge success and effectiveness.

The primary purpose of key performance indicators (KPIs) in a program is to gauge success and effectiveness. KPIs are measurable values that demonstrate how effectively a program is achieving its key objectives. By setting specific indicators, organizations can track progress over time and assess whether goals are being met. These metrics provide valuable insights into performance, helping stakeholders make informed decisions regarding program adjustments and improvements.

Utilizing KPIs allows for a data-driven approach, which is crucial in evaluating program outcomes rather than relying on less reliable methods. This focus on actual performance data enhances accountability and supports strategic planning by highlighting areas needing attention or further development.

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To define the target audience.

To document participant feedback only.

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