How does the two Progress calculations for the Control KPI key result work in Profit.co?
In Profit.co you can now show progress in the Control KPI based Key Results even though you don't reach the complete value. Based on your check-ins, the progress value will be calculated.
Note: Only super users have access to Settings. And the following process can be done while creating a new KPI.
Navigate to Settings → OKRs → KPIs → KPIs by Category from the left navigation panel.
Click on the Create button
Now fill in the details and select Control KPI.
Once you select control KPI, you will be able to see two options to perform your progress calculation.
Successful check-ins (target achieved) divided by total no. of check-ins
Distance from the target, as of the check-in date
By default the 1st option will be selected, If you want to update the progress as per the check-ins made in the corresponding Key Result then you can select the 2nd option. Here we are selecting the 1st option and select the measurement type and click Create.
Now create a key result with control KPI using Form and use the Created KPI and click Create.
Once the key result is created and you make regular check-ins you can keep track of it to perform calculations.
You can keep track of it in the following way and can perform your calculations using the Formula:
100 + ( Actual value - Target Value) / Target value * 100
-Assuming this scenario, when a user makes the progress of 4 blogs, then the progress will be 80 %, and when the user makes the progress of 6 blogs, then the progress will be calculated as 120 %. (Higher the better)-
We don't accumulate the progress as we do in the existing scenario. Last week's (Final) progress will only be considered as the progress of the Key Result.
In this case, the 13 th week progress will be the final Progress.
If you use At most to calculate your Progress instead of At least, Let’s say that you want to calculate Cost Per Click spend At most 1$ in Google Ad, you need to use the formula
100 - ( Actual value - Target Value)/Target value * 100
Assuming this scenario when a user makes the progress of 80 cents, then the progress will be calculated as 120 % and when the user makes the progress of 1 dollar and 25 cents then the progress will be calculated as 75 %. The lower the target value the better the progress will be.
The 13 th week progress mentioned in the table will be the final Progress.
Note: The Check-in progress will not be accumulated, unlike the existing progress calculation.
Profit.co allows you to create KPI and lets you connect it with the key result via salesforce. You can now select the ...Read more