From this article, you will find out more about:

  • Calculating a KRI trend

  • Calculating a KRI rating

Calculating KRI Trend

In principle, the calculation of the Trend is a comparison between:

  • The difference between the current value and the Target value, and

  • The difference between the new value and the Target value.

The table below shows the possible Trends and the conditions under which a particular Trend is generally set by TriLine GRC.

Note: Treat these conditions as a guide only. The algorithm used by TriLine GRC to determine Trend is more complex and may result in TriLine GRC applying a different Trend when analysing some KRI Indicator settings.

Trend

Conditions for setting Trend

Improving

The difference between the new value and the Target value is less than the difference between the current value and the Target value.

Static

The difference between the new value and the Target value is the same as the difference between the current value and the Target value.

Worsening

The difference between the new value and the Target value is greater than the difference between the current value and the Target value.

Remember: You can override the displayed Trend and/or Rating for a KRI if you are sure that the ones determined by TriLine GRC do not accurately reflect the KRI value changes for a particular KRI Measurement.

Calculating KRI Rating

TriLine GRC determines a KRI’s Rating by:

  • Comparing the value of the KRI against the value bands in the Indicator settings, and

  • Setting the Rating to reflect the applicable value band (see the tables below).

Rating

Conditions for setting Rating

Acceptable

The new value is between the Target value and the ‘Warning Start’ value.

Warning

The new value is between the ‘Warning Start’ value and the ‘Warning End’ value.

Unacceptable

The new value is higher than the ‘Warning End’ value or the ‘Threshold’ value.

Rating

Conditions for setting Rating

Acceptable

The new value is between the Target value and the ‘Warning Start’ value.

Warning

The new value is between the ‘Warning Start’ value and the ‘Warning End’ value.

Unacceptable

The new value is lower than the ‘Warning End’ value or the ‘Threshold’ value.

Rating

Conditions for setting Rating

Acceptable

The new value is between the ‘Warning Top’ and ‘Warning Lower’ values.

Warning

The new value is between either: the ‘Warning Top’ and the ‘Upper Limit’ values; or the ‘Warning Lower’ and ‘Lower Limit’ values.

Unacceptable

The new value is either: equal to or greater than the ‘Upper Limit’ value; or equal to or less than the ‘Lower Limit’ value.

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