Organisation Details – Key Risk Indicators
Note: The user will be able to add KRIs by navigating to the Key Risk Indicators section.
STEP 1: Navigate to Menu > Administration > Key Risk Indicators. If you have Camms.Strategy, this will pull through the list of KPIs added and available from Camms.Strategy as well. Any KPI/KRIs added/updated from either side will be synced with the other side as well.
STEP 2: You can search the Key Risk Indicator you are looking for by either using the 'Search' entering the KRI title/responsible officer/reporting period as per the option you select from the dropdown list available below.
STEP 3: Add the details of the project and click on the Add button to define a new KRI.
Below details can be added for a KRIs.
Field | Description/Instruction | Mandatory/Optional |
|---|---|---|
Title | The title of the KPI/KRI. This will be a hyperlink and upon clicking will navigate the user to the KPI/KRI details area in Camms.Strategy if you have Camms.Strategy | Mandatory |
Responsible Officer | Select from the pre-defined ‘STAFF’ records in the drop down list. The person selected here will be the one that is responsible for the KPI/KRI. | Mandatory |
Unit | Unit of measurement for the KPI/KRI. Enter a unit of measurement by clicking on the drop down list ‘Unit’ and select the most suitable option. Examples include number, percentage, days, and currency. This is the ‘Y’ axis of the KPI graph. Note: Not Applicable for Camms.Risk standalone users. | Mandatory |
Period | The Period of the KPI/KRI on which it is being reported on. Select a period which indicates how often you want to measure this indicator. For example, is it Monthly, Quarterly or Annually? It is important that this is chosen correctly in the first instance as it cannot be modified once created. Note: Not Applicable for Camms.Risk standalone users. | Mandatory |
Aggregation | The method of aggregation for the KPI/KRI. Choose your aggregation method from the available options: cumulative, normal and average.
IMPORTANT: If you have changed the KPI aggregation at any time after setting it up, you will need to re-save the targets and actuals tab (re-save the current data) in order for the calculations to be refreshed and reflect correctly within other screens/reports, etc. | Mandatory |
Calculation Method | The method of performance calculation for the KPI/KRI. The calculation method for the KPI determines the rules behind the traffic light reporting. You can choose Less is Better, More is Better or Goal Post. KPI Calculations | Mandatory |
Time Horizon | The Time Horizon dropdown lets you choose how the KPI graphs and values are displayed. This is an optional field which can be activated by CAMMS if requested as part of your Scoping Day. There are three options: YTD, Period and Rolling. If not activated, the Time Horizon will default to Period. There are three options YTD, Period and Rolling.
2. Period will always show the period Date From and Date To. 3. Rolling is a time period for the KPI for when it cumulates or averages, e.g. 5 month cumulative KPI would display as follows: Period 6 shows the sum of period 2 to period 6 (5 periods) | Optional |
Description | The detailed description of the KPI/KRI | Optional |
The new KPI/KRIs will appear on the left-hand side of the screen and further let you link the same with risks within the application.
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