Key Indicator Categories
Description of Key Indicator Categories
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Key Indicator Category
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Meaning
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Visual representation
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Standard
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The higher threshold represents the objective.
For values beyond the higher threshold, the key indicator is considered as "operational" (green color).
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Reverse
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Opposite of "Standard"
All values beyond the higher threshold are rejected.
The lower the value the better it is.
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Accepted Values
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All values within the defined thresholds are accepted.
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Rejected values
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All values within the defined thresholds are rejected.
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Relation between Indicator Category and Interpretation Logic
An indicator category is linked to an interpretation logic which uses an algorithm to compute the indicator status. Several interpretation logics can be associated to an indicator category. It is therefore possible to have several ways of computing the status for an indicator category.
If several indicator interpretation logics are available for an indicator category, the interpretation logics are proposed at the time of indicator creation.
For example, if several interpretation logics exist for the Accepted Value category, then the following is displayed:
Key indicator interpretation logics can be created by your functional administrator.