Select standard
Select between the current version of the KPI Standard and the historic versions
Chapters
KPI012 | Failure of critical equipment and systems V2.6
Key Performance Indicator
This KPI expresses the company’s ability to maintain critical equipment and systems. The KPI counts the number of failures of equipment and systems in the critical list defined in the company's Safety and Environmental Management System.
| Unit | Failures |
| Scope | |
| Calculation period |
Formula
[formula]KPI_{Value} = PI029[/formula]
| PI029 | Number of failures of critical equipment and systems |
Example
| A | Number of failures of critical equipment and systems: | = 1 |
| KPI Value | Failures of critical equipment and systems | [formula] = A = 1[/formula] |
Rating Formula
[formula] \begin{align} \displaylines { KPI_{Value}\\ KPI_{MinReq} = 1\\ KPI_{Target} = 0 } \end{align} [/formula] [formula] KPI_{Rating} = 100 \times \frac {KPI_{Value} - KPI_{MinReq}} {KPI_{Target}-KPI_{MinReq}} [/formula]
Rating Example
| KPI Value | = 1 |
| KPI MinReq | = 1 |
| KPI Target | = 0 |
| KPI Rating | [formula]=KPI_{Rating} = 100 \times \frac {KPI_{Value} - KPI_{MinReq}} {KPI_{Target}-KPI_{MinReq}} = 100 \times \frac {1 - 1} {0-1} = 0[/formula] |