What does Control KPI imply?

Category: OKRs

Profit.co has Control KPI as one of the 6 key result types for you to maintain the value of KPI in a certain range.

Why this feature?

  • Control KPIs focus on tracking critical, measurable metrics in a straightforward structure, facilitating effective monitoring of individual or team progress with ease.
  • It streamlines the tracking of critical metrics, enabling teams to concentrate efforts on key objectives, and enhancing productivity and performance alignment across individuals or teams.
  • It offers a simple structure for monitoring progress, facilitating quick and informed decision-making based on real-time data, leading to more agile and effective adjustments.

Control KPI:

Control KPIs are employed when assessing recurring tasks or actions unsuitable for Increase or Decrease KPIs. 

For instance, you may need to measure a recurring task over a period, such as writing at least 4 blogs weekly, aiming to assess successful completion or average output without predefined targets initially.

Progress Calculation Types & Value Types:

Control KPI lets you calculate progress in 4 different methods:

  • Successful check-ins[target achieved] divided by total number of check-ins.
  • Distance from target as of the check-in date.
  • Average of all check-ins divided by average of targets.
  • Sum of all check-ins divided by sum of all targets.

And values types in three ways:

  • At Least
  • At Most
  • In Between (only for successful check-ins)

VALUE TYPE

MAIN FUNCTION

At Least

The progress won’t update only if the check-in value is below the lower limit.

At Most

The progress won’t update only if the check-in value is beyond the upper limit.

In Between

The progress won’t update if the check-in value is below the lower limit and beyond the upper limit.

To know more about, 

Successful check-ins(target achieved) divided by total no.of check-ins in control KPI work, click here.

Distance from target, as of the check-in date in control KPI works, click here.

Average of all check-ins divided by average of targets in control KPI work, click here.

Sum of all check-ins divided by sum of all targets in control KPI work, click here.

This short video illustrates the concept of Control KPI in a better way:

 

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