KPI033 | Vetting deficiencies V3.0

Key Performance Indicator

This KPI expresses the ship manager’s ability to avoid observations during commercial inspections.

Interpretation	The KPI counts the number of observations (including any substandard act, practice or condition) recorded during commercial inspections. The number of deficiencies and negative observations is then made relative to the total number of vetting inspections.
Notes	Only ships eligible for commercial inspections should report PI Values for this KPI. Ships not eligible for commercial inspections will be assigned the value "N/A".
Unit	Observations/Inspections
Scope	Ship level
Calculation period	Quarterly

Formula

[formula]KPI033 = \frac{PI058}{PI059}[/formula]

PI058	Number of observations during commercial inspections
PI059	Number of commercial inspections

Example

PI058	Number of observations during commercial inspections in a quarter	= 4
PI059	Number of commercial inspections in a quarter	= 2
KPI Value	Commercial Vetting	= 2

Rating Formula

[formula] \begin{align} \displaylines { KPI_{Value}\\ KPI_{MinReq} = 5\\ 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	= 2
KPI MinReq	= 5
KPI Target	= 0
KPI Rating	[formula]=KPI_{Rating} = 100 \times \frac {(KPI_{Value} - KPI_{MinReq})} {(KPI_{Target}-KPI_{MinReq})} = 100 \times \frac {(2 - 5)} {(0-5)} = 60[/formula]