What is KPI and KRI?
While a KPI can measure performance, a KRI solely measures a risk exposure and potential future loss events. ... With each of these tools: metrics, KPIs and KRIs, we can do analytics to explore trends, data patterns and interdependencies, all for supporting better decision making and the achievement of desired results.
Related Posts:
- How do you determine KPI? - Making your KPIs actionable is a five-step... (Read More)
- What KPI metrics? - A Key Performance Indicator (KPI) is a... (Read More)
- What is the difference between KPI and measure? - WHAT IS A KPI? A KPI, or... (Read More)
- What is KRA and KPI example? - KRA and KPI are two such metrics....KRA:Key... (Read More)
- What are examples of key risk indicators? - KRIs are indicators or metrics that are... (Read More)
- What is KPI in risk management? - Most often, the metrics used to evaluate... (Read More)
- What is a quality KPI? - Quality indicators are tools used to measure... (Read More)
- How do you measure risk management? - Common Methods of Measurement for Investment Risk... (Read More)
- How do you measure risk management performance? - 7 Risk Management MetricsNumber of risks identified.... (Read More)
- What is risk management performance? - Risk-based performance management is a strategic execution... (Read More)