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Acronyms that contain the term key risk indicator
What does key risk indicator mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: key risk indicator.
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What does key risk indicator mean?
- Key risk indicator
- A key risk indicator (KRI) is a measure used in management to indicate how risky an activity is. Key risk indicators are metrics used by organizations to provide an early signal of increasing risk exposures in various areas of the enterprise. 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 an early warning to identify potential event that may harm continuity of the activity/project. KRIs are a mainstay of operational risk analysis.
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"key risk indicator." Abbreviations.com. STANDS4 LLC, 2024. Web. 15 Sep. 2024. <https://www.abbreviations.com/key%20risk%20indicator>.
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