What are key performance indicators (KPIs) used for?

Key performance indicators (KPIs) are crucial metrics used to evaluate the success of a project in relation to its defined objectives. KPIs provide measurable values that can help teams and organizations understand how well they are performing in key areas that contribute to their goals. By tracking these indicators, project managers can assess whether they are meeting their targets, identify areas for improvement, and make informed decisions to ensure the project is on the right track.

The focus on assessing project success against its objectives is what makes option B the correct choice. It emphasizes the purpose of KPIs as a tool for evaluation rather than for other scenarios like team dynamics, budget management, or individual performance tracking.