Defining Indexed KPIs Within the Context

Prerequisites

You added an indexed KPI to the context, perspective, or objective in the context. For information, see Adding Indexed KPIs to a Context or Context Object.

You added KPIs to the indexed KPI. For information, see Adding KPIs to a Context or Context Object.

Context

You define indexed KPIs within a context to specify how to measure them, to specify the KPIs used to measure them, and to specify associated links. Indexed KPIs that are measured can then be used to measure the performance of objectives, perspectives, and the context.

When measuring by KPIs, an association occurs as follows: the status color of each KPI is matched to the same color in the Index Values list. Based on the color match, each KPI is assigned that index value. The index values are then used in the specified calculation. The resulting value from the calculation is matched to the appropriate color in the Index Values list, and that color is used for the indexed KPI's status indicator.

Procedure

  1. Select Start of the navigation pathContext Management Next navigation step Manage Scorecards Next navigation step Define ScorecardsEnd of the navigation path.
  2. From the Context list, select a context.
  3. In the context hierarchy, select the indexed KPI you want to work with and click Edit.
  4. Select a measurement option as follows:

    Option

    Description

    Calculation Method

    Select a calculation methods as follows:

    • Least Value sets the indexed KPI's status color by the status color of the KPI with the smallest index value. Use this when an indexed KPI's performance is only as good as its lowest performing KPI. The indexed KPI indicates poor performance if any one of its KPIs has poor performance.

    • Greatest Value sets the indexed KPI's status color by the status color of the KPI with the greatest index value. Use this when an indexed KPI's performance is only as good as its greatest performing KPI.

    • Arithmetic Average sets the indexed KPI's status color by averaging the Index Values of the KPIs. The resulting number is matched to the respective index color to determine the indexed KPI's status indicator color. If the result has a fraction from .0 to .49, the number is rounded down. If the result has a fraction from .5 to .99, the number is rounded up. Use this when an indexed KPI's performance is based on an averaging of all its KPIs.

    • Weighted Average sets the indexed KPI's status color by a weighted average of the Index Values of the KPIs. The index values of the KPIs are averaged along with weights applied to each KPI. The resulting number is matched to the respective index color to determine the indexed KPI's status indicator color. If the result has a fraction from .0 to .49, the number is rounded down. If the result has a fraction from .5 to .99, the number is rounded up. Use this when an indexed KPI's performance is based on an averaging of all its KPIs, but some KPIs are more important or less important than others.

      If Weighted Average is the calculation method, then the Weights column appears so you can add, change, or remove the individual weights applied to each KPI during the calculation. Weights define the relative importance of the KPIs during the Weighted Average calculation method. The weighted average is calculated as: ((KPI_index_value x weight) + (KPI_index_value x weight) + ... ) / (weight + weight + ...)

    Index Values

    Enter sequential numbers from low (red) to high (green). For example, 1, 2, 3, 4, 5 when using five status indicators and 2, 3, 4 when using three status indicators.

    The number of status indicators depends on the settings in the Set Application Defaults link in the Administration section.

    KPIs list

    Select the KPIs you want to use to measure this indexed KPI. Only KPIs associated with this indexed KPI are displayed in the KPIs list.
  5. If you want to associate links with this indexed KPI, click the URL rows and enter URLs and titles as appropriate.

    The users see these associated links in the Scorecard tab of the application when they display detail information about this item. Users can double-click the link to go to its location.

  6. Save your changes.