Tolerance Percentage
Use tolerance percentages to compare the previous key performance indicator (KPI) value with the current value. The application calculates trend indicators based on the percentage increase or decrease in a KPI value and the tolerance percentage in the KPI definition.
Example of Tolerance Percentage
When you create a KPI, you must enter a tolerance percentage that's used to determine the trend indicator for a KPI. The percentage change in KPI value is calculated using the following formula:
This table describes how the application uses tolerance percentage to calculate the trend indicator.
|
KPI |
Tolerance Percentage and Trend Indicator Setting |
Current Period KPI Value and Status Indicator |
Previous Period KPI Value and Status Indicator |
Percentage Change |
Trend Indicator Based on Previous Period |
|---|---|---|---|---|---|
|
PTD Actual Invoice Amount |
5 percent Up is Favorable |
$3500 Critical |
$4800 Warning |
27 percent |
Down, Unfavorable |
|
PTD Actual Spent Labor Effort Percentage |
5 Up is Favorable |
75 On Track |
71 On Track |
5.6 percent |
Up, Favorable |
|
PTD Actual Margin Percentage |
2 percent Up is Favorable |
28.5 percent Warning |
30.2 percent On Track |
5.6 percent |
Down, Unfavorable |