What does Control KPI imply?

Profit.co has Control KPI as one of the 6 key result types for you to maintain the value of KPI in a certain range.

Why this feature?

• Control KPIs focus on tracking critical, measurable metrics in a straightforward structure, facilitating effective monitoring of individual or team progress with ease.
• It streamlines the tracking of critical metrics, enabling teams to concentrate efforts on key objectives, and enhancing productivity and performance alignment across individuals or teams.
• It offers a simple structure for monitoring progress, facilitating quick and informed decision-making based on real-time data, leading to more agile and effective adjustments.

Control KPI:

Control KPIs are employed when assessing recurring tasks or actions unsuitable for Increase or Decrease KPIs. 

For instance, you may need to measure a recurring task over a period, such as writing at least 4 blogs weekly, aiming to assess successful completion or average output without predefined targets initially.

Progress Calculation Types & Value Types:

Control KPI lets you calculate progress in 4 different methods:

• Successful check-ins[target achieved] divided by total number of check-ins.
• Distance from target as of the check-in date.
• Average of all check-ins divided by average of targets.
• Sum of all check-ins divided by sum of all targets.

And values types in three ways:

• At Least
• At Most
• In Between (only for successful check-ins)

To know more about, 

Successful check-ins(target achieved) divided by total no.of check-ins in control KPI work, click here.

Distance from target, as of the check-in date in control KPI works, click here.

Average of all check-ins divided by average of targets in control KPI work, click here.

Sum of all check-ins divided by sum of all targets in control KPI work, click here.

This short video illustrates the concept of Control KPI in a better way: