GIRI Metrics Working Group - 'Error Frequency Rate'
Our Metrics working group are developing an industry wide, universal measure for error. The concept is to develop a system that measures the Error Frequency Rate with a monthly rolling score and annual target. It will work in a similar way to the Accident Frequency Rate which indicates the number of injuries per 1,000,000 employee-hours worked. The team face a few challenges to define this new system, and the questions being asked include: what will the error frequency rate measure? Absolute number of errors? What are the implications for cost, time and quality? Get it touch if you have any questions, or would like to get involved.