Viewing KRIs on File
Navigate to the Controls & KRIs area (via area selection in the bottom left) and click on Key Risk Indicators to view existing records.
Adding/Editing KRI Records
Click on the + New button at the top of the screen to add a new KRIl or edit an existing record in the list.
KRI Fields Explanations
Field | Comment |
Title | Name of the KRI |
Description | Description of the KRI |
KRI Group | Select the appropriate group from the list of configurable KRI Groups. This group will help with searching and reporting of KRI. |
Metric Type | Select the metric type from the list, to indicate whether values tracked for this KRI are counts, amounts, percentages or ratios. |
Metric | Naming of what will be measured |
Measurement | Select either "Less is better" or "More is better" to indicate whether we are striving for a low or high value for this KRI |
Target Value |
The (maximum or minimum) value we are looking to achieve. If "Less is better", then this value or any lesser value tracked for this KRI will result in a 'Green' RAG status If "More is better", then this value or any higher value tracked for this KRI will result in a 'Green' RAG status |
Target Tolerance |
Defining the tolerance threshold for RAG 'Amber' calculation. If "Less is better", then this value will be added to Target Value to provide the upper limit for 'Amber' RAG status (any higher value will result in 'Red'). If "More is better", then this value will be subtracted from the Target Value to provide the lower limit for 'Amber' RAG status (any lower value will result in 'Red'). |