Key Risk Indicator (KRI) - Revision history

User at 16:56, 14 April 2023

2023-04-14T16:56:12Z

Show changes

User at 19:36, 7 December 2022

2022-12-07T19:36:01Z

Show changes

User at 20:22, 21 November 2022

2022-11-21T20:22:16Z

User: The LinkTitles extension automatically added links to existing pages (https://github.com/bovender/LinkTitles).

2021-02-06T16:46:30Z

The LinkTitles extension automatically added links to existing pages (https://github.com/bovender/LinkTitles).

Show changes

User at 18:52, 28 May 2020

2020-05-28T18:52:07Z

User: A key risk indicator (KRI) is a metric for measuring the likelihood of if an event and its consequence will exceed the organization’s risk appetite.

2018-12-28T02:17:59Z

A key risk indicator (KRI) is a metric for measuring the likelihood of if an event and its consequence will exceed the organization’s risk appetite.

Show changes

User: Created page with "'''Content Coming Soon'''"

2018-12-26T22:36:54Z

Created page with "'''Content Coming Soon'''"

New page

'''Content Coming Soon'''

@@ Line 108: / Line 108: @@
 *Indicator that would measure the impact
 *Indicator that would measure action plan
-For example, for such KRI as “Poor [[mentoring]] of employees” we would have:
+For example, for such KRI as “Poor mentoring of employees” we would have:
 Time spend on mentoring per week, hours. This indicator estimates risk probability, the less hours one spends mentoring others, and the more likely the company will face this risk.
 [[Employee]] engagement index, %. This indicator helps to understand the impact of poor communication. Less mentoring means less engagement from the part of employees.

← Older revision		Revision as of 18:52, 28 May 2020
Line 1:		Line 1:
−	A ~~key risk indicator~~ (KRI) is a metric for measuring the likelihood of if an event and its consequence will exceed the organization’s risk appetite. They can be quantified in terms of percentages, numbers, Rand values, time frames etc. The primary role of a KRI is to track trends over a period of time, these trends are then converted into early warning signals. Through the association of KRI’s to risks contained within a risk register, the data gathered in a KRI’s assists decision making process for the risk team by providing incite and actual measurable to based their risk management decisions on.<ref>Defining Key Risk Indicator? [http://www.curasoftware.com/key-risk-indicators-for-enhancing-risk-management-processes/ Cura]</ref>	+	A '''Key Risk Indicator (KRI)''' is a metric for measuring the likelihood of if an event and its consequence will exceed the organization’s risk appetite. They can be quantified in terms of percentages, numbers, Rand values, time frames etc. The primary role of a KRI is to track trends over a period of time, these trends are then converted into early warning signals. Through the association of KRI’s to risks contained within a risk register, the data gathered in a KRI’s assists decision making process for the risk team by providing incite and actual measurable to based their risk management decisions on.<ref>Defining Key Risk Indicator? [http://www.curasoftware.com/key-risk-indicators-for-enhancing-risk-management-processes/ Cura]</ref>