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Key Performance Indicators (KPIs) on the other hand are high level measures or metrics, for one particular objective, which (when measured and reported) give the leadership team an “indication” as to whether the organization is making progress towards achieving that particular objective.
A key result area (KRA) is an strategic factor either internal to the organization or external, where strong positive results must be realized for the organization to achieve its strategic goal(s), and therefore, move toward realizing the organization’s longer term vision of success. Key result areas are sometimes referred to “critical success factors” or “key drivers of success.”
Also there is KRI: Key Risk Indicators. Usually used by the risk management
KPI : Key Performance Indicators & KRA : Key Responsibility Areas
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