Creating a Key Indicator
To create a key indicator:
1. In the IRM desktop, select Libraries > Indicators > All Indicators.
2. Click New.
A creation window appears
3. Specify a Lower Threshold and a Higher Threshold.
4. Specify an Indicator Category.
The indicator category determines how the indicator values are interpreted and how the indicator status is computed:
Standard: the higher threshold represents the objective.
Reverse: opposite of standard
Accepted Values: All values within the defined thresholds are accepted
Rejected Values: all values within the defined thresholds are rejected.
*For more information, see About Key Indicator Categories.
*If several algorithms are provided for an indicator category, the field Key Indicator Interpretation logics is proposed. You can select the desired algorithm to compute the indicator status. For more information, see Relation between Indicator Category and Interpretation Logic.
5. Specify whether you need to aggregate values over a specific period of time.
The aggregation is not specified by default.
*If you need to aggregate values, see Specifying the Aggregation Period and Method.
6. Click OK to create your indicator.
*You cannot change the KRI category, aggregation period and aggregation method after the KRI has been created.