Key Risk Indicators (KRIs)
Metrics that provide early warning signals of increasing risk exposure in various areas of an organization. KRIs track changes in risk profile and help predict potential risk events before they materialize. Examples might include staff turnover rates (indicating operational risk), customer complaint trends (indicating reputational risk), or liquidity ratios (indicating financial risk). In RBPM, KRIs work alongside KPIs and KCIs to provide a comprehensive view of strategic progress, risk position, and control effectiveness.