Inspection
Work Planning
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A measurable value used to monitor exposure to risk and provide early warning of changing risk conditions.
A Key Risk Indicator (KRI) is a measurable metric used to monitor exposure to risk and identify conditions that may increase the likelihood or impact of adverse events. KRIs provide early warning of changing risk profiles, enabling proactive risk management and timely corrective action.
Key Risk Indicators provide early warning of emerging risks to support proactive risk management.
KRIs are commonly used alongside KPIs to provide a balanced view of organizational performance by monitoring both operational outcomes and the risks that may affect them.
Key Risk Indicators monitor changing risk exposure, whereas Key Performance Indicators measure achievement of defined business objectives.
Risk Management; Business Management; Asset Management.
Business operations.; Asset-intensive industries.; Manufacturing.; Infrastructure.; Utilities.
ISO 31000
VisualAIM connects glossary concepts to the asset records, inspection histories, and workflows they describe.
