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KPI013 | Fire and Explosions V3.0

Key Performance Indicator

This KPI expresses the company’s ability to avoid fire and explosions onboard the ship.


InterpretationThe KPI counts the number of fire and explosion incidents as reported in the company's internal incident reports.
NotesFire and explosion incidents are serious threats to the crew, the ship and its operation and should be accounted for. In cases where the incident is due to an external cause which the company cannot be accountable for, this indicator will penalize somewhat unfair. Even so it was decided to keep the indicator as it is. This means that the indicator carries some inherent measure of the trade and area in which the ship operates, as this influence the likelihood for such an incident.
UnitNumber of incidents
ScopeShip level
Calculation periodQuarterly
Formula

[formula]KPI013 = PI032 + PI028[/formula]

PI028Number of explosion incidents
PI032Number of fire incidents
Example

PI028Number of explosion incidents in a quarter= 0
PI032Number of fire incidents in a quarter= 1
KPI ValueFire and Explosions= 1
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]