Metrics & KPIs% of policies reported with non-conformances
Definition
This KPI can be used to measure the adherence to the policies developed by an organization. As most of the organizations have internal audit (IA) function, the IA team can provide reports to the management or the Strategy Planning team on regular basis regarding the policies that have been audited through the year and raise the flag of policies that are not effectively & efficiently implemented throughout the company, so the management can take a decision based on reality of the numbers and prac
Formula
(# Policies with non-Conformance in specific period of time / Total # policies audited in specific period of time)*100
Tags
decision, strategy, audit, report, management, planning, analysis