KPI024 | Operational deficiencies V4.0

Key Performance Indicator

This KPI expresses the company’s ability to avoid operational related deficiencies.

Interpretation	The KPI counts the number of operational related deficiencies including any substandard act, practice or condition (excluding HR, security, health, safety and environmental deficiencies) recorded during external inspections and audits. The number of deficiencies is then made relative to the total number of external inspections.
Notes	This KPI is part of a range of KPIs related to deficiencies that are identified during external inspections. The deficiencies are categorized depending on their nature. This specific KPI (Operational deficiencies) is a KPI that will cover all deficiencies excluding Navigational, HR, Security, Health & Safety and Environmental deficiencies. The total number of recorded external inspection is used as a denominator in all these KPIs (related to deficiencies) to enable benchmarking between ships that are subject to an uneven number of external inspections. THETIS Deficiency Coding (Paris MoU): all deficiency codes starting with 01, 02, 03, 06 and 13 are operational findings.
Unit	Deficiencies/Inspection
Scope	Ship level
Calculation period	Quarterly

Formula

[formula]KPI024 = \frac{PI044}{PI052}[/formula]

PI044	Number of operational related deficiencies
PI052	Number of recorded external inspections

Ranking calculation example

Step 1: Calculate KPI value

PI044	Number of operational related deficiencies	= 1
PI052	Number of recorded external inspections	= 5
[formula] KPI024_{Value} [/formula]	[formula] = \frac{PI044}{PI052} [/formula]	[formula] = \frac{1}{5} [/formula]	[formula] = 0.2 [/formula]

Step 2: Calculate percentile rank by comparing KPI value against other ships with the same criteria. We assume that another 99 (100 in total) participate in the ranking with the same criteria and our ship has position 23 and you are the only ship in that rank.

Step 3: Calculate the percentile rank by capturing the count of all participant below your rank (cl). The frequency of ships in your same rank (fi). The total number of ships in the ranking segment (N).

[formula] KPI024_{Percentile Ranking} = \frac{cl+05*fi}{N} * 100 = \frac{77+0.5*1}{100} * 100 = 77.50 [/formula]

Interpretation: Based on the above example, we could say that, when it comes to KPI024 Operational deficiencies, this ship belongs in the 77.50th percentile of the ships that are being compared with based on its ranking criteria in the respective quarter.

External references

Company's Safety Management System