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KPI010 | Drydocking planning performance V2.6
Key Performance Indicator
This KPI expresses the company’s ability to plan the drydocking operation (e.g. predictable costs, good budgeting and scheduling).
Basically it expresses the percentile deviation from planned costs and duration. To avoid penalization of ship managers striving towards minimizing time and cost at drydock, any cost or time deviation between 0 and minus 10% is disregarded (to be interpreted as 'according to plan').
As the KPI expresses deviations both positive and negative, the KPI Value is always converted to a positive value.
| Unit | % |
| Scope | |
| Calculation period |
Formula
[formula]KPI_{Value} = (\frac{\mbox{| }PI002 - PI005\mbox{ |}}{PI005} + \frac{\mbox{| }PI001 - PI004\mbox{ |}}{PI004})*100\%[/formula]
| PI001 | Actual drydocking costs |
| PI002 | Actual drydocking duration |
| PI004 | Agreed drydocking budget |
| PI005 | Agreed drydocking duration |
Example
| A | Agreed drydocking duration: | = 14 days |
| B | Actual drydocking duration: | = 16 days |
| C | Agreed drydocking costs: | = 4M US$ |
| D | Actual drydocking costs: | = 3.9M US$ |
| KPI Value | Drydocking planning performance: | [formula]KPI_{Value} = (\frac{\mbox{| }16 - 14\mbox{ |}}{14} + \frac{\mbox{| }3.9 - 4\mbox{ |}}{4})*100\% = 16.8\%[/formula] |
Rating Formula
[formula] \begin{align} \displaylines { KPI_{Value}\\ KPI_{MinReq} = 10\\ KPI_{Target} = 2 } \end{align} [/formula] [formula] KPI_{Rating} = 100 \times \frac {KPI_{Value} - KPI_{MinReq}} {KPI_{Target}-KPI_{MinReq}} [/formula]
Rating Example
| KPI Value | = 14,3% |
| KPI MinReq | = 10 |
| KPI Target | = 2 |
| KPI Rating | [formula]=KPI_{Rating} = 100 \times \frac {KPI_{Value} - KPI_{MinReq}} {KPI_{Target}-KPI_{MinReq}} = 100 \times \frac {14,3 - 10} {2-10} = 0[/formula] |