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How to define score to objective?

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275

DEar exerts!

WE have requirment of our customers to defined scores of objectives.The way of define score is the next :

company.                    Weight.       Score

  objectve 1.                  50              

       kpi 1               30.                      50

       kpi 2.               40.                      100

       kpi 3                  30                     20

objective 2.                      50

       kpi 1.                 70.                      100

       kpi 2.                  30.                      50

EVery kpi has the score and weight.the score of the objective depend on scores of kpis underlined.

the formula of objective score is  - score_kpi1*weight_kpi1+score_kpi2*weight_kpi2+score_kpi3*weight_kpi3

FOr our case the score objective 1 is 50*0.3 +100*0.4+20*0.3  =61. The score  of objective 2 is 100*0.7+30*0.5 =85.

the total score of  company is 61*0.5+85*0.5 = 73.

If it possible to implement this conception  it in ssm 10.1 ?

VEry glad to get any help.

thanks.

BEst regards

benyamin orit.

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Orit,

The weighted average option doesn't quite work like that!

Weighted Average sets the objective's status colour by a weighted average of the Index Values of the KPIs. The index values of the KPIs are averaged along with weights applied to each KPI. The resulting number is matched to the respective index colour to determine the objective's status indicator colour.

Weights define the relative importance of the KPIs during the Weighted Average calculation method. The weighted average is calculated as:

((indexKPI_index_value x weight) + (indexKPI_index_value x weight) + ... ) / (weight + weight + ...).

So the index value is used and not the raw score value.

If you want to use the raw score value then you will need to create a KPI that uses those score values and then use that KPI to score the Perspective or indeed the Context. Both the Context level and Perspective level explicitly give you the option of measuring on a single KPI. 

Regards

Colin

Answers (1)

Answers (1)

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Hi Orit,

There is a "weighted average" method for the calculation of objective. Does this functionality meet your requirement?

Regards,

Alicia