How does the progress calculation Distance from target, as of the check-in date in control KPI works?
Category: OKRs
Profit.co has 4 progress calculation methods and 3 value types for the control KPI key result type.
Why this feature?
This progress calculation method ensures all check-ins are considered, regardless of success. Progress occurs based on proximity to the target value, providing a comprehensive assessment and encouraging continuous improvement.
Distance from target, as of the check-in date
The main difference between the value types is given below,
Scenario 1:
For value type ‘At most’
The progress Calculation formula is,
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,
For example, We have a Key result to Publish 5 blog posts 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.
Related Questions
-
How can I add a new check-in status value?
Profit.co provides an option to add a new check-in status via Settings. Why this Feature? Super Users can add new ...Read more
-
How do I align my OKRs?
Profit.co allows the employees to align their OKRs with Corporate, Department, and Team OKRs. Why this ...Read more
-
What are not applicable check-ins?
In Profit.co the past check-in day status of the key results is considered as “Not Applicable”. Consider that you ...Read more
-
How can users create their own custom widgets in the OKR Cockpit?
Profit.co allows users to create custom widgets tailored to their specific needs, enabling them to display the most ...Read more