Key Risk Indicators (KRI) for Forestry Performance Indicators
KRI (Key Risk Indicators) allows BI professionals from the Manufacturing area
measure and control business risks.
KRI for Manufacturing business niche
The KRI for Forestry Performance Indicators may address such indicators as:
- forestry scorecard
- financial perspective
- percentage increase in annual revenues
- ratio of budget allocated for introducing new technologies
- percentage increase in profits
- ratio of budget allocated for conservation tasks
- internal operations perspective
- predicted timber yield versus actual timber yield
- achieved thinning versus prescribed
- time utilized to regenerate harvested areas
- area of forest cut over annually in the operational area
- compliance perspective
- total percentage of excess removal of firewood compared to the authorised removal
- level of soil damage resulting from timber harvesting
- percentage of operational activities achieving the specified compliance parameters
- number of training sessions held to make staff aware of compliance requirements
- enviroment perspective
- deforestation rate
- percentage of forest areas under protected status
- percentage of average man-hours per person allocated to conservation tasks
- percentage of water bodies with significant variance of biodiversity
Why BI and risk specialists from the Manufacturing should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Manufacturing Estimation 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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