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Definition of "Key Risk Indicator" |
A Key Risk Indicator, also known as a KRI, is a measure used in management to indicate how risky an activity is. It differs from a Key Performance Indicator (KPI) in that the latter is meant as a measure of how well something is being done while the former is an indicator of the possibility of future adverse impact. KRI give us an early warning to identify potential event that may harm continuity of the activity/project. |
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