What is key performance indicator in SAP SV-CLM - SAP Cloud Application Lifecycle Management?

SAP Term: key performance indicator

• Component: SV-CLM

• Component Name: SAP Cloud Application Lifecycle Management

• Description: SAP Cloud ALM A key figure that makes the progress of a specific business activity transparent.

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• Key Concepts: 
  A key performance indicator (KPI) is a metric used to measure the performance of a process or activity within an organization. In the context of SAP Cloud Application Lifecycle Management (SV-CLM), KPIs are used to measure the performance of the development, testing, and deployment processes. 
  
  How to use it: 
  KPIs can be used to track progress and identify areas for improvement in the development, testing, and deployment processes. For example, a KPI could be used to measure the time it takes for a feature to go from development to production. This KPI could then be used to identify areas where the process can be improved or streamlined. 
  
  Tips & Tricks: 
  When setting up KPIs for SV-CLM, it is important to ensure that they are measurable and actionable. This means that they should be able to provide meaningful data that can be used to make decisions and take action. Additionally, it is important to ensure that the KPIs are aligned with the goals of the organization. 
  
  Related Information: 
  For more information on KPIs and how they can be used in SV-CLM, please refer to SAP’s official documentation on the topic. Additionally, there are many third-party resources available that provide further information on KPIs and how they can be used in various contexts.