KPIs and KPI values
KPIs (Key Performance Indicators) are components
of the risk monitoring process and are used to provide leading or
lagging indicators for potential risk conditions. Each instance of
a KPI within the organization can have unique target and threshold
limits. The KPI Value object type records the value of a KPI object
at a specific point. Create a KPI object, and then periodically (daily,
weekly, monthly) create a KPI Value object so you can detect trends.
A KPI object can be associated with one or more parent object types (such as, Business Entity, Control, System, Process, Sub-Process). Typically, you create and associate a KPI from the task view of a parent object type.
You can access the KPIs and KPI Values menu items
by clicking Primary menu
> Indicators.