COMPEL Glossary / key-risk-indicator-kri
Key Risk Indicator (KRI)
A Key Risk Indicator (KRI) is a measurable metric that provides early warning of increasing risk exposure before risks materialize as actual incidents or losses.
What this means in practice
Unlike KPIs that measure performance, KRIs measure the conditions that precede problems, enabling proactive risk management rather than reactive incident response. For AI governance, common KRIs include model drift velocity, the rate of governance exception requests, data quality trend lines, alert volume patterns, and the time since last model retraining. In COMPEL, KRIs are designed as part of the governance and risk measurement framework in Module 2.5, Article 7, and integrated into the risk governance architecture of Module 3.4, where they feed the AI Risk Governance Board's ongoing risk oversight activities.
Related Terms
Other glossary terms mentioned in this entry's definition and context.