Key Risk Indicators (KRI) for Cost Management Performance Indicators
KRI (Key Risk Indicators) allows BI professionals from the Management area
measure and control business risks.
KRI for Management business niche
The KRI for Cost Management Performance Indicators may address such indicators as:
- cost management
- labor cost
- avg. monthly labor cost
- hours per year
- number of project staff
- equipment cost
- new equipment cost
- downtime cost
- project time
- time spent on specification
- time spent on project design
- time spent on testing
- quality metrics
- number of defects
- cost of defect
- hours per defect
- actual vs planned
- total cost
- product cost
- cost per unit
- units per hour
Why BI and risk specialists from the Management should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Management Evaluation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
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