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KPI032 | Ship availability V4.0

Key Performance Indicator

The KPI expresses the deviation between the ship's actual unavailability and the planned unavailability. Positive and negative deviations are regarded in the same way.


InterpretationThis KPI expresses the DOC holder’s ability to comply with the plan for the ship's availability.
Unit%
ScopeShip level
Calculation periodQuarterly
Formula

[formula]KPI032 = 1 - \frac {\mbox{| }PI062 - PI003\mbox{ |}} {PI062} * 100\%[/formula]

PI003Actual unavailability
PI062Planned unavailability
Ranking calculation example

Step 1: Calculate KPI value

PI003Actual unavailability= 23
PI062Planned unavailability= 18
[formula] KPI032_{Value} [/formula][formula] = 1 - \frac {\mbox{| }PI062 - PI003\mbox{ |}} {PI062} * 100\%[/formula][formula] = 1 - \frac {\mbox{| }18 - 23\mbox{ |}} {18} * 100\%[/formula][formula] = 72.22% [/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 33 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] KPI032_{Percentile Ranking} = \frac{cl+05*fi}{N} * 100 = \frac{67+0.5*1}{100} * 100 = 67.50 [/formula]

Interpretation: Based on the above example, we could say that, when it comes to KPI032 Ship availability, this ship belongs in the 67.50th percentile of the ships that are being compared with based on its ranking criteria in the respective quarter.