The procedure for the development and application of the system of key performance indicators
The Omsk Regional Development and Investment Agency has developed a procedure for forming, coordinating and monitoring the performance of performance indicators. The following is a section 5 of the Regulations on the Key Performance Indicators of Omsk Oblast Development and Investment Agency.
5. Procedure for the development and application of the KPE system
5.1. The Board of Directors of the Agency annually reviews and approves the performance of the Agency for the period of operation of the Strategy in the form of Annex No. 1 to this Regulation.
5.2. The Agency, on the basis of the Strategy of activity, sets the target (planned) KPE values for the period, which can be adjusted if necessary during the period of the Strategy.
5.3. The Board of Directors of the Agency approves the target (planned) KPE values in accordance with the Agency's Strategy of activity.
5.4. The Agency determines the actual achieved values of the Company's economic performance for the reporting year and includes information on the actual achieved values of the indicators, as well as proposals on the target values of the indicators for the next three years in the annual report. In case of deviations from the actual achieved values from the previously set target values in the annual report, a description and analysis of the causes of the specified deviations is made.
5.5. The Board of Directors approves the target indicators for the next three years by reviewing the Agency's annual report. At the same time, previously set target values for the previous year and the current calendar year are not subject to adjustment.
5.6. The Agency's accounting reporting forms, project initiators' accounting forms, as well as other reports and official information are used to calculate the actual KPE value.
5.7. The General Director is personally responsible for achieving the KPE values of the Agency's activities.
Report on the implementation of the key indicators of the efficiency of the planning and support of the Omsk Regional Development and Investment Agency's project management activities for the 12 months of 2019