Answered

Which of the following describes a metric?

A. A detailed strategy outlining the specific steps needed to achieve a particular goal
B. A group, individual, or organization that has an interest in a specific project
C. A significant event or accomplishment that marks progress in a project or journey
D. A tool that can be used to define the success of a project or initiative



Answer :

GinnyAnswer

Final answer:

A metric in business is a tool that gauges project success. SMART goals and KPIs are crucial for measurement and decision-making in projects.


Explanation:

Metric in business refers to a tool that can be used to define the success of a project or initiative. It is a measurable value that demonstrates how effectively an organization is achieving its objectives.

Creating SMART goals - Specific, Measurable, Attainable, Relevant, and Time-bound - is essential in ensuring that metrics are aligned with the desired outcomes of a project.

Key performance indicators (KPIs) are essential for measuring progress and making informed decisions based on data-driven insights.


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