What are Value Contributions?
Initiatives and Outcomes are connected to strategy through value contributions. A value contribution is the measurable benefit the initiative/outcome is forecasted to deliver. As such, value contributions are expressed in Measures (Revenue, Cost, Users, NPS Score etc.). These measures are configured centrally in the OKRs tab on the Configuration page and used across the portfolio.
A initiative or outcome's contribution can be connected to a Key Result. When connected, the value contribution is tracked as contributing to this part of the strategy.
These fields are available on all initiative and outcome contributions entered in Kiplot.
Name | Description |
|---|---|
Objective | Automatically linked to the linked Key Result’s parent Objective. |
Key Result | The selected Key Result that the initiative or outcome is contributing too. |
Description | Provide a more detailed explanation of the contribution. |
Forecast | The forecasted value contributions made by the initiative or outcome relative to its delivery. |
Actuals | The actual value contributions made by the initiative or outcome. |
Tag Your Value Contributions
To make sure your value contributions appear in OKR reporting, link a Key Result. This step is crucial for linking your contributions with your objectives in the reports. Find out more about Key Result performance tracking.
A value contribution can have multiple entries. An entry is the value expressed in the measure connected to a date when the forecast is estimated to be realized or actual is realised.
Navigate to the Key Results tab on the Initiative details page
Click on the “Add a contribution” button
If you know the Key Result you are contributing to, you can select the Key result and the measure will be autofilled for you, otherwise you can just select the measure and add the Key Result later.
Set forecast values
Click in the “Add a forecast” button within the forecast values section of your chosen contribution on the Key Results tab of the initiative or outcome.
Enter the value and how long after the initiative or outcome is implement that the value is expected to be realised. This value is relative to the end date of the initiative our outcome’s delivery end date. If the end date has been set, then you can choose the date in a calendar by pressing the calendar icon.
Record actual values
Click in the “Add an actual” button within the actual values section of your chosen contribution on the Key Results tab of the initiative or outcome.
Enter the value and the date that the value is was realised.
Forecast dates are relative to the delivery dates and Actual dates are fixed.
Forecast dates depend on the delivery of your initiative and will automatically delay if your initiative is delayed. Actual dates recorded for values are fixed and do not change, even if initiative delivery dates are updated.
Delete a value contribution entry
On the Initiative/Outcome Detail page, navigate to the Key Results Tab
On the contributions section, expand the forecast/actual values section
In the table displaying the value entries click the bin-icon on the right of the row
Delete a contribution
On the Initiative/Outcome Detail page, navigate to the Key Results Tab
On the Contribution section, navigate to the contribution you would like to delete
Click on the 3-dot button in the top right of the section
Click “Delete value contribution”