scholarly journals An Assessment of the Key Performance Indicators (KPIs) of Energy Efficient Retrofits to Existing Residential Buildings

Energies ◽  
2022 ◽  
Vol 15 (1) ◽  
pp. 334
Author(s):  
Orlaith McGinley ◽  
Paul Moran ◽  
Jamie Goggins
Keyword(s):  
Performance Indicators ◽  
Energy Efficient ◽  
Residential Buildings ◽  
Key Performance Indicators ◽  
Evidence Base ◽  
Heat Pumps ◽  
Solar Pv ◽  
Future Design ◽  
Policy Measures

Quantifying the wider benefits of energy efficient building retrofits is crucial to incentivise householder retrofit investments. This research recognises the value of key performance indicators (KPIs) for assessing and demonstrating retrofitting benefits and provides an assessment of KPIs for evaluating retrofits. An integrated framework for evaluating retrofits using a set of economic, social, and environmental KPIs is proposed. This KPI framework is then applied in a pre- and post-retrofit assessment of five case study dwellings located in Ireland, revealing its usefulness in demonstrating the wider benefits of retrofitting to householders, with a view to driving retrofit investment. Three of these case study dwellings had state-of-the-art retrofit technologies installed as part of the works, including heat pumps and solar PV systems. In addition to demonstrating the wider benefits of retrofitting, the framework allowed for the identification of potential causes for differences in performance of these technologies across households, as well as patterns of underperformance. Such insights are useful for the future design of these technologies and retrofit packages, as well as policy measures, which support householders in the adoption and use of these measures. The results demonstrate that householders experience various benefits from retrofitting. Showcasing the different benefits that householders receive from retrofitting, and their satisfaction with the retrofit works, can serve to de-risk retrofit investments, and inspire others to seek similar benefits through retrofitting. Applying the developed framework to a larger, comparable sample size, can distinguish the retrofit packages, which perform best across the KPIs and various household profiles. Furthermore, the application of the developed framework can serve as an evidence base for retrofit designers, contractors, and policy makers in the design of retrofit packages and policy measures that will maximise the benefit for householders.

scholarly journals Misfit? The Use of Metrics in Innovation

2021 ◽  
Vol 14 (8) ◽  
pp. 388
Author(s):  
Ilse Svensson de Jong
Keyword(s):  
Performance Indicators ◽  
Business Performance ◽  
Strategic Change ◽  
Key Performance Indicators ◽  
Significant Degree ◽  
Other Information ◽  
Actual Use ◽  
Sales Organizations ◽  
Organizational Levels

Measuring innovation is a challenging but essential task to improve business performance. To tackle this task, key performance indicators (KPIs) can be used to measure and monitor innovation. The objective of this study is to explore how KPIs, designed for measuring innovation, are used in practice. To achieve this objective, the author draws upon literature on business performance in accounting and innovation, yet moves away from the functional view. Instead, the author focuses explicitly on how organizational members, through their use of KPIs in innovation, make sense of conflicting interpretations and integrate them into their practices. A qualitative in-depth case study was conducted at the innovation department of an organization in the process industry that operates production sites and sales organizations worldwide. In total, 28 interviews and complementary observations were undertaken at several organizational levels (multi-level). The empirical evidence suggests that strategic change, attributed to commoditization, affects the predetermined KPIs in use. Notably, these KPIs in innovation are used, despite their poor fit to innovation subject to commoditization. From a relational perspective, this study indicates that in innovation, KPIs are usually complemented by or supplemented with other information, as stand-alone KPIs exhibit a significant degree of incompleteness. In contrast to conventional studies in innovation and management accounting, this study explores the use of key performance indicators (KPIs) in innovation from an interpretative perspective. This perspective advances our understanding of the actual use of KPIs and uncovers the complexity of accounting and innovation, which involve numerous angles and organizational levels. Practically, the findings of this study will inform managers in innovation about the use of KPIs in innovation and the challenges individual organizational members face when using them. In innovation, KPIs appear to be subjective and used in unintended ways. Thus, understanding how KPIs are used in innovation is a game of reading between the lines, and these KPIs can be regarded as misfits.

scholarly journals KPI Evaluation Framework and Tools Performance: A Case Study from the inteGRIDy Project

2021 ◽  
Vol 11 (1) ◽  
pp. 23
Author(s):  
Chris Ogwumike ◽  
Huda Dawood ◽  
Tariq Ahmed ◽  
Bjarnhedinn Gudlaugsson ◽  
Nashwan Dawood
Keyword(s):  
Demand Response ◽  
Performance Indicators ◽  
Storage System ◽  
Energy Storage System ◽  
Heat Pumps ◽  
Evaluation Framework ◽  
Pilot Site ◽  
Network Operator ◽  
Case Evaluation

This paper presents an assessment of the impacts of the different tools implemented within the inteGRIDy project through the analysis of key performance indicators (KPIs) that appropriately reflect the technical and economic domains of the inteGRIDy thematic pillars, comprising demand response and battery storage systems. The evaluation is based on improvements brought about by individual components of the inteGRIDy-enabled smart solution across the Isle of Wight (IOW) pilot site. The analyses and the interpretation of findings for the pilot use case evaluation are presented. The results indicate that the smart solution implementation across the IOW pilot site resulted in achieving the inteGRIDy set objectives. Overall, a 93% reduction in energy consumption, equivalent to 643 kWh was achieved, via the M7 energy storage system and heat pumps developed as part of inteGRIDy solution. Additionally, the grid efficiency and demand flexibility contribution to the distribution network operator (DNO)-triggered DR services, based on a 10% increase/decrease in demand, resulted in stabilizing the grid efficiency.

Strategic Planning for E-Learning in a Polytechnic

2011 ◽  
pp. 47-65 ◽  
Author(s):  
Tony Bates
Keyword(s):  
Strategic Planning ◽  
Faculty Development ◽  
Performance Indicators ◽  
Strategic Plan ◽  
Key Performance Indicators ◽  
Core Values ◽  
Face To Face ◽  
E Learning ◽  
And Training

This chapter is a case study of how a polytechnic developed a strategic plan for e-learning. It describes the institution’s rationale for moving more strongly into e-learning, the processes followed by the institution to develop a plan and ensure its acceptance through the institutional community, and the factors that facilitated the process. It indicates that attention to objectives, core values and principles, and faculty development and training, are critical for the successful transition from mainly face-to-face teaching to e-learning. The development of key performance indicators will allow the success of the plan to be measured in 2010.

scholarly journals Establishment of Key Performance Indicators for Green Building Operations Monitoring—An Application to China Case Study

Energies ◽  
2020 ◽  
Vol 13 (4) ◽  
pp. 976 ◽  
Author(s):  
Jinqiu Li ◽  
Qingqin Wang ◽  
Hao Zhou
Keyword(s):  
Environmental Quality ◽  
Performance Indicators ◽  
Green Building ◽  
Key Performance Indicators ◽  
Energy System ◽  
Energy Performance ◽  
Operational Performance ◽  
Indoor Environmental Quality ◽  
Evaluation Standards

Released green building evaluation standards for operation stage include a huge number of indicators, which are very comprehensive and systematic. However, the indicators of these standards are very complicated and a large amount of time and manpower are consumed for their evaluation. To evaluate the operational performance of green buildings more practically and efficiently, some studies collect the operational data for part of the indicators (mainly focusing on building energy performance, indoor environmental quality or occupant satisfaction), which are too rough to evaluate the performance of green building. This paper proposed a total of 27 key performance indicators (KPIs) for green building operations monitoring. The number of proposed indicators is much fewer than the evaluation standards, as well as suitable for long-term monitoring, which can dramatically reduce evaluation time and cost. On the other hand, the indicators involving Outdoor environmental quality, Indoor environmental quality, HVAC system, P&D system, Renewable energy system, Total resource consumption and User behavior, which are more comprehensive and systematic than the conventional monitoring studies for operational performance of green building. Firstly, an indicators library for operations monitoring of green building was established based on relevant standards and literature review in this field. Secondly, “SMART” principle and Delphi method were adopted to select the key performance indicators for green building operations monitoring. Different background experts regarding green building industry were chosen to screen the most relevant, accessible and measurable indicators. Subsequently, two projects in China were selected for case study of key performance indicators proposed in this paper for green building operations monitoring to validate the feasibility and advancement.

Using Key Performance Indicators and Risk Measures in Continuous Monitoring

2008 ◽  
Vol 5 (1) ◽  
pp. 65-80 ◽  
Author(s):  
Mark J. Nigrini ◽  
Arlo J. Johnson
Keyword(s):  
High Risk ◽  
Risk Score ◽  
Performance Indicators ◽  
Continuous Monitoring ◽  
Risk Measures ◽  
Key Performance Indicators ◽  
Multiple Cues ◽  
Perceived Importance ◽  
Small Set

ABSTRACT: The paper describes a continuous monitoring methodology in an environment with multiple cues indicative of fraud and errors. A case study describes an application by a restaurant franchisor on the monthly sales numbers reported by franchisees. The system scores each restaurant based on variables judged to be possible indicators of fraud or errors in the monthly sales reports. The variables are weighted according to their perceived importance to obtain a final risk score for each restaurant. The output is a small set of audit targets believed to have a high risk of reporting errors. The variables can be categorized as being (1) key performance indicators, (2) statistical irregularities, (3) motivation or pressure related variables, and (4) variables related to compliance with the franchising agreement.

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