How do you create a Key Result or a Metric?
What are Metrics?
In Oboard, a "Metric" is a new type of Component designed to track any quantifiable measure of progress or performance.
While Key Results remain a core part of Oboard, they are now considered a specific type of Metric. This means you can now track a broader range of measurable outcomes, including Key Performance Indicators (KPIs), Initiatives, and other custom components, both as part of an Objective or independently.
Create a KR/Metric
Find an Objective or a Metric and click the “…” menu in a grid.
Or create it as a separate element from the structure
Pick the “Create metric“.
Put a Title and a Description into respective fields
Pick and setup the Progress option (%, Binary, or Metric)
Select the rest of the attributes like an Interval, Owner, Stakeholders, Groups or Labels
Save the Metric
Progress Options
Start/Target: This is the most common option for metrics that progress from a starting value towards a target value (e.g., increasing sales, reducing errors from X to Y).
Instead of just "Percent" or "Number," you can now define your own Unit of measurement (up to 5 symbols). This allows for precise tracking in units like "USD," "users," or "hours."
Milestones: If you choose the Start/Target option, you can add Milestones – intermediate targets with separate due dates and target values. Milestones are cumulative, meaning their values add up towards the final target.
Milestones will affect your automatic Status/Confidence level but not your overall % Progress.
They can showcase the dynamics of your cycle. If your quarter starts slowly but picks up in the final month, you can set milestones in Status and the graph to reflect that.
Binary: For simple metrics that are either complete or incomplete (e.g., "Project Launched," "Compliance Audit Passed").
Threshold (NEW): This option allows you to define success based on meeting a specific value and condition. It is ideal for metrics where you need to maintain a certain level or stay within a range.
Setting a Condition:
Above/Equal: Progress is achieved when the value is at or above the threshold.
Above: Progress is achieved when the value is strictly above the threshold.
Below/Equal: Progress is achieved when the value is at or below the threshold.
Below: Progress is achieved when the value is strictly below the threshold.
Period-Specific Thresholds: You can split your Threshold Metric by periods (e.g., monthly, quarterly) and set a unique threshold for each period. This is useful for targets that change over time.
Grade calculation: Set the condition which will define how the progress for the Metric is calculated.
Most recent value: The progress is based solely on the most recently updated value
Average of all periods: The progress is an average of the performance across all defined periods
Minimum of all periods (depending on condition): This method ensures the grade accurately reflects performance relative to the most critical point.
For "Above" or "Above/Equal" conditions, this typically means the lowest value achieved across periods
For "Below" or "Below/Equal" conditions, it might mean the highest value achieved across periods.