How does the two Progress calculations for the Control KPI key result work in Profit.co?

Profit.co has progress calculation methods for the control KPI. Successful check-ins(target achieved) divided by total number of check-ins and Distance from the target, as of the check-in date.

Why this feature?

By using this feature the key result can be progressed based on the successful or unsuccessful check-in values and for Distance from the target, as of the check-in date based on the distance of the successful check-in and here all the check-in will be considered.

Successful check-ins(target achieved) divided by total number of check-ins

In this type of progression, the successful check-ins will be taken into consideration. The Progress will happen and the final calculation will be based on the number of successful check-ins .

The progress Calculation formula is,

“Successful check-ins(target achieved) / total no. of check-ins for the given target period”

For example, We have a Key result to Maintain Customer Engagement Score in between 4 to 5

If the key result is created in a quarter with the check-in frequency of Every Friday. The total number of check-ins will be 13.

So each successful weekly check-in will hold 7.69% progress.

Let's consider the check-ins happening in the table below

Distance from the target, as of the check-in date.

In this type of progression, All the check-ins will be taken into consideration whether the check-in is successful or unsuccessful. The Progress will happen based on the distance from the target value.

Note: In this case, the 13th week progress will be the final Progress.

Scenario 1 for value type ‘at most’

The progress Calculation formula is,

100 + ( Target Value - Check-in Value) / Target value * 100

For example, We have a Key result to Maintain the Cost Per Click at most at $1

Assuming this scenario, the following table shows how the progress calculation works in the scenario. As said earlier, here the 13th week progress will be the final Progress.

Scenario 2 for value type ‘at least’

The progress Calculation formula is,

100 - ( Target Value - Check-in Value) / Target value * 100

For example, We have a Key result to Publish 5 blog post every week

Assuming this scenario, the following table shows how the progress calculation works

Related Answer Post:

To learn more about how to calculate the Average/Sum cumulative value for the Control KPI Key Result, click here.