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KPI032 | Ship availability V3.0

Key Performance Indicator

The KPI expresses the deviation between the ship's actual unavailability and the planned unavailability. It calculates the ship utilization as a percentage of the total utilization time available during the rolling year (24 x 365). By doing this, the sensitivity of the KPI to small changes in PIs is decreased while at the same time, the case of having zero planned unavailability (PI062) is also covered.


InterpretationThis KPI expresses the DOC holder’s ability to comply with the plan for the ship's availability.
Unit%
ScopeShip level
Calculation periodRolling year
Formula

[formula]KPI032 = \frac {(24 \times 365 - PI062) - PI003} {24 \times 365 - PI062} * 100\% [/formula]

PI003Actual unavailability
PI062Planned unavailability
Example

PI003Actual unavailability= 23
PI062Planned unavailability= 18
KPI ValueVessel availability= 99.74%
Rating Formula

[formula] \begin{align} \displaylines { KPI_{Value}\\ KPI_{MinReq} = 97\\ KPI_{Target} = 100 } \end{align} [/formula] [formula] KPI_{Rating} = 100 \times \frac {(KPI_{Value} - KPI_{MinReq})} {(KPI_{Target}-KPI_{MinReq})} [/formula]

Rating Example

KPI Value= 99.74%
KPI MinReq= 97%
KPI Target= 100%
KPI Rating[formula]=KPI_{Rating} = 100 \times \frac {(KPI_{Value} - KPI_{MinReq})} {(KPI_{Target}-KPI_{MinReq})} = 100 \times \frac {(99.74 - 97)} {(100-97)} = 91[/formula]