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tability.ioWhat are Audit Completion OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We have curated a selection of OKR examples specifically for Audit Completion to assist you. Feel free to explore the templates below for inspiration in setting your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
Audit Completion OKRs examples
We've added many examples of Audit Completion Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
OKRs to successfully complete the audit within the designated timeframe
ObjectiveSuccessfully complete the audit within the designated timeframe
KRProgressively accomplish 30% of the audit work each month until completion
Monitor weekly progress towards 30% completion- Adjust task allocation based on progress
- Establish a weekly schedule for audit tasks
- KRAddress and resolve all audit findings and reports by the final week
- Review all audit findings and reports promptly
- Develop resolutions for each identified audit issue
- Implement solutions before the final week
- KRCreate a thorough, realistic, and achievable audit plan within the first week
- Evaluate and allocate necessary resources
- Develop and finalize the audit methodology
- Identify objectives and scope of the audit plan
OKRs to ensure successful completion of Annual Audit Plan
- ObjectiveEnsure successful completion of Annual Audit Plan
- KRIdentify and implement minimum three process improvement initiatives, contributing to business value
- Develop strategies to streamline identified problematic processes
- Analyze current procedures for potential inefficiencies or bottlenecks
- Implement and monitor the effectiveness of the developed improvements
- KRDeliver 100% of assigned audit engagements within agreed timelines
- Monitor progress regularly to ensure timely completion
- Prioritize and schedule audits based on their deadlines
- Establish clear deadlines for each audit engagement
- KRImprove stakeholder satisfaction rate by 20% through enhanced partnership initiatives
- Identify key stakeholders and outline their primary needs and expectations
- Develop targeted partnership initiatives aligning with stakeholders' interests
- Implement feedback mechanisms to continuously improve partnerships
OKRs to ensure punctual and high-quality project delivery
- ObjectiveEnsure punctual and high-quality project delivery
- KRImplement quality audits for all processes, reducing defects by 20%
- Identify all processes requiring quality audits
- Develop appropriate audit criteria and procedures
- Implement and monitor audit results for defect reduction
- KRAchieve 95% or more project completion success rate
- Regularly monitor, evaluate, and adjust project progress
- Implement meticulous project planning and clear goal setting
- Provide necessary resources and skills training to the team
- KRDecrease project timeline deviations by 30%
- Regularly monitor and assess project progress
- Provide timely corrections to any identified deviations
- Implement strict adherence to predetermined project schedules
OKRs to efficient and secure completion of Wiz Rollout Secure Code2Cloud phase 2
- ObjectiveEfficient and secure completion of Wiz Rollout Secure Code2Cloud phase 2
- KRPerform and pass robust stress-testing on Code2Cloud without any system breakdowns
- Identify potential weak points in Code2Cloud architecture
- Execute a series of rigorous stress-tests on Code2Cloud
- Analyze results and make necessary improvements to code configuration
- KRAttain 100% coding completion with zero vulnerabilities identified in code reviews
- Regularly conduct rigorous code review sessions
- Implement strict protocols for quality assurance in coding
- Train team in advanced security-centric coding practices
- KREnsure 100% team training on the updated system and data security measures
- Implement updated data security measures training
- Monitor and confirm everyone’s participation in training
- Schedule comprehensive training sessions on updated system
How to write your own Audit Completion OKRs
1. Get tailored OKRs with an AI
You'll find some examples below, but it's likely that you have very specific needs that won't be covered.
You can use Tability's AI generator to create tailored OKRs based on your specific context. Tability can turn your objective description into a fully editable OKR template -- including tips to help you refine your goals.
- 1. Go to Tability's plan editor
- 2. Click on the "Generate goals using AI" button
- 3. Use natural language to describe your goals
Tability will then use your prompt to generate a fully editable OKR template.
Watch the video below to see it in action 👇
Option 2. Optimise existing OKRs with Tability Feedback tool
If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.
- 1. Go to Tability's plan editor
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on "Generate analysis"
Tability's Strategy Map makes it easy to see all your org's OKRsTability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.
You can then decide to accept the suggestions or dismiss them if you don't agree.
Option 3. Use the free OKR generator
If you're just looking for some quick inspiration, you can also use our free OKR generator to get a template.
Unlike with Tability, you won't be able to iterate on the templates, but this is still a great way to get started.
Audit Completion OKR best practices
Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Here are a couple of best practices extracted from our OKR implementation guide 👇
Tip #1: Limit the number of key results
Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.
We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.
Tip #2: Commit to weekly OKR check-ins
Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.
Being able to see trends for your key results will also keep yourself honest.
Tip #3: No more than 2 yellow statuses in a row
Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.
As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.
Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.
How to track your Audit Completion OKRs
Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs framework. Reviewing progress periodically has several advantages:
- It brings the goals back to the top of the mind
- It will highlight poorly set OKRs
- It will surface execution risks
- It improves transparency and accountability
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.
More Audit Completion OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to design and operationalize robust measurement system
- OKRs to successfully Deliver Roadmap on Schedule
- OKRs to enhance travel efficiency and punctuality
- OKRs to gain comprehensive knowledge of the TTB submission process
- OKRs to surpass annual operation plan and meet free cash flow target
- OKRs to improve developer experience by improvign dev speed