How does the progress calculation Distance from target, as of the check-in date in control KPI works?
Category: OKRs
Profit.co has 4 progress calculation methods and 3 value types for the control KPI key result type.
Why this feature?
This progress calculation method ensures all check-ins are considered, regardless of success. Progress occurs based on proximity to the target value, providing a comprehensive assessment and encouraging continuous improvement.
Distance from target, as of the check-in date
The main difference between the value types is given below,
Scenario 1:
For value type ‘At most’
The progress Calculation formula is,
For example, We have a Key result to Maintain the Cost Per Click at most at $1
Assuming this scenario, the following table shows how the progress calculation works in the scenario. As said earlier, here the 13th-week progress will be the final Progress.
Scenario 2:
For value type ‘At least’
The progress Calculation formula is,
For example, We have a Key result to Publish 5 blog posts every week
Assuming this scenario, the following table shows how the progress calculation works.
Related Answer Post
To learn more about how to calculate the Average/Sum cumulative value for the Control KPI Key Result, click here.
Related Questions
-
How can the status of my key result be "Completed" even when my progress is only 50%?
In the OKR world, there are two key factors that need to be checked in regularly to assess progress and confidence: 1. ...Read more
-
How do I mark or distinguish Committed vs Aspirational OKRs using tags?"
Profit.co allows Super Users to create tags and attach them to Objectives and Key Results. You can name your tags as ...Read more
-
Will I receive notifications or reminders to update key results?
Yes. When you create a key result you will be selecting the check-in frequency(s) to update the progress you ...Read more
-
How can the department head see the progress of a departmental key result which is assigned to a team member as objective?
When the department head assigns a key result as an Individual objective to another employee, then he can track the ...Read more