Time in weeks to complete projects that address an identified business exposure or opportunity (between 40 and 60 percent of total annual revenue)

Benchmark Data

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Measure Category:
Cycle Time
Measure Id:
103447
Total Sample Size:
173 All Companies
Performers:
25th
Median
75th

Compute this Measure

Units for this measure are weeks. Lower values are better.

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Time in weeks to complete projects that address an identified business exposure or opportunity (between 40 and 60 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.
For government/non-profit organizations, please use your non-pass-through budget. 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 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 (7.2.1)

  • 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.