KPI003 | Cadets per ship V2.6

Key Performance Indicator

This KPI expresses the company’s efforts to take on new cadets.

The KPI shows the ratio between the total number of cadets under training with the Ship Management company over the total number of ships under technical management (ships for which the Ship Manager holds the DOC), basically the average number of cadets per ship under technical management.

Unit	Cadets/Ship
Scope
Calculation period

Formula

[formula]KPI_{Value} = \frac{PI017}{PI057}[/formula]

PI017	Number of cadets under training with the ship manager
PI057	Number of ships operated under DOC holder

Example

A	Number of cadets under training with the ship manager:	= 123
B	Number of ships under technical management (DOC):	= 134
KPI Value	Cadets per ship	[formula]= \frac {A} {B} = \frac {123} {134} \approx 0.917 \%[/formula]

Rating Formula

[formula] \begin{align} \displaylines { KPI_{Value}\\ KPI_{MinReq} = 0\\ KPI_{Target} = 3 } \end{align} [/formula] [formula] KPI_{Rating} = 100 \times \frac {KPI_{Value} - KPI_{MinReq}} {KPI_{Target}-KPI_{MinReq}} [/formula]

Rating Example

KPI Value	= 0.92
KPI MinReq	= 0
KPI Target	= 3
KPI Rating	[formula]=KPI_{Rating} = 100 \times \frac {KPI_{Value} - KPI_{MinReq}} {KPI_{Target}-KPI_{MinReq}} = 100 \times \frac {0,92 - 0} {3-0} = 31[/formula]