Time in weeks to complete projects that address an identified business exposure or opportunity (between 20 and 40 percent of total annual revenue)

This measure calculates the average time in weeks taken by your business entity to complete projects (worth between 20 and 40 percent of total annual revenue) that address an identified business exposure or opportunity. This Cycle Time measure is intended to help companies analyze this duration related to the process group "Manage business resiliency and risk".

Benchmark Data

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Measure Category:
Cycle Time
Measure Id:
103443
Total Sample Size:
189 All Companies
Performers:
25th
– Median
– 75th
–
Key Performance
Indicator:
No

Compute this Measure

Units for this measure are weeks.

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Time in weeks to complete projects that address an identified business exposure or opportunity (between 20 and 40 percent of total revenue)

Key Terms

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Total Annual Revenue/Net Revenue

Total annual revenue is net proceeds generated from the sale of products or services. This should reflect the selling price less any allowances such as quantity, discounts, rebates and returns. If your business entity is a support unit and therefore does not directly generate revenue, then provide the revenue amount for the units you support. For government/non-profit organizations, please use your non-pass-through budget. For insurance companies the total annual revenue is the total amount of direct written premiums, excluding net investment income. Note: Business entity revenue needs to only include inter-company business segment revenue when the transactions between those business segments are intended to reflect an arm's length transfer price and would therefore meet the regulatory requirements for external revenue reporting.

Cycle Time

Cycle time is the total time from the beginning of the process to the end. This includes both time spent actually performing the process and time spent waiting to move forward.

Measure Scope

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Cross Industry (7.3.0)

  • 11.4.1 - Develop the business resilience strategy (11221) - Creating a strategy for rapidly adapting to disturbances. Maintain continuous business processes and protecting employees, assets, and overall brand equity.
  • 11.4.2 - Perform continuous business operations planning (11222) - Developing plans to ensure continuous business operations.
  • 11.4.3 - Test continuous business operations (11223) - Assessing ongoing activities within the organization that are not intended to stop except for in an emergency.
  • 11.4.4 - Maintain continuous business operations (11224) - Evaluating business operations. Determine which activities generate revenues, perform best, and provide good returns.
  • 11.4.5 - Share knowledge of specific risks across other parts of the organization (16471) - Sharing information about risks and resilience strategies of business operations across the organization so that prospective risks can be avoided.