How the velocity in check-ins are calculated?
Category: OKRs
In Profit.co, users have the ability to track the velocity of their progress toward achieving their (OKRs).
Why this feature?
- Progress velocity helps individuals and teams track their advancement towards goals over time, providing a clear and quantitative measure of their performance.
- By regularly monitoring progress velocity, users gain real-time insights into whether they are on track or falling behind, allowing for timely adjustments and corrective actions.
The velocity in check-ins is calculated as follows:
Consider a Key Result “Increase # of Backlinks from 50 to 100 ”.
The Actual Value is 62 and the Planned Value is 69. Hence the Progress Velocity will be calculated as,
Progress Velocity = ((Actual Value - Start Value) / (Planned Value - Start Value)) * 100
Progress Velocity = ((62-50) / (69-50)) * 100
Progress Velocity = 64.24%
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