3 OKR examples for Assurance Audits

What are Assurance Audits 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.

How you write your OKRs can make a huge difference on the impact that your team will have at the end of the quarter. But, it's not always easy to write a quarterly plan that focuses on outcomes instead of projects.

That's why we have created a list of OKRs examples for Assurance Audits to help. You can use any of the templates below as a starting point to write your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

3 tools to create the perfect Assurance Audits OKRs

Turn your vision into great OKRs in seconds with Tability

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here.

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.

Tability will then use your prompt to generate a fully editable OKR template.

Already got goals? Use AI feedback to optimise your OKRs

If you already have existing goals, and you want to improve them. You can use Tability's AI feedback to help you.

AI feedback for OKRs in TabilityTability's Strategy Map makes it easy to see all your org's OKRs

Tability 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.

Need a quick template? 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.

Our Assurance Audits OKRs examples

You'll find below a list of Objectives and Key Results templates for Assurance Audits. We also included strategic projects for each template to make it easier to understand the difference between key results and projects.

Hope you'll find this helpful!

1OKRs to improve effectiveness and quality of assurance audits

  • ObjectiveImprove effectiveness and quality of assurance audits
  • KRReduce audit errors by 10% through augmented review processes
  • TaskTrain reviewers on common audit errors
  • TaskRegularly update and refine review guidelines
  • TaskImplement stringent quality checks in the review process
  • KRIncrease audit accuracy by 15% by implementing a new quality control system
  • TaskTrain all team members on new system
  • TaskInstall and configure the new system
  • TaskResearch and select an effective quality control system
  • KRConduct comprehensive assurance training for audit staff to bolster their audit skills
  • TaskCoordinate and conduct the training sessions
  • TaskDesign an extensive assurance training program
  • TaskIdentify specific skills gaps within the current audit staff
Tability

2OKRs to deliver high-quality project within agreed timeframe

  • ObjectiveDeliver high-quality project within agreed timeframe
  • KRConduct thorough quality audits biweekly to maintain zero critical issues
  • TaskReview audit findings and address identified issues
  • TaskImplement solutions and ensure no critical issues
  • TaskSchedule biweekly audits for monitoring system quality
  • KRAchieve weekly milestone targets on schedule 100% of the time
  • TaskBreak down complex tasks into manageable actions for daily execution
  • TaskDedicate specific hours daily to solely focus on milestone-related tasks
  • TaskPrioritize tasks based on deadline, not on ease or personal preference
  • KRAttain minimum 90% acceptance rate on first completion of tasks
  • TaskImprove work comprehension through training sessions
  • TaskIteratively monitor and adjust task execution strategies
  • TaskSchedule regular feedback and improvement discussions

3OKRs 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%
  • TaskIdentify all processes requiring quality audits
  • TaskDevelop appropriate audit criteria and procedures
  • TaskImplement and monitor audit results for defect reduction
  • KRAchieve 95% or more project completion success rate
  • TaskRegularly monitor, evaluate, and adjust project progress
  • TaskImplement meticulous project planning and clear goal setting
  • TaskProvide necessary resources and skills training to the team
  • KRDecrease project timeline deviations by 30%
  • TaskRegularly monitor and assess project progress
  • TaskProvide timely corrections to any identified deviations
  • TaskImplement strict adherence to predetermined project schedules

Assurance Audits 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

Focus can only be achieve by limiting the number of competing priorities. It is crucial that you take the time to identify where you need to move the needle, and avoid adding business-as-usual activities to your OKRs.

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

Having good goals is only half the effort. You'll get significant more value from your OKRs if you commit to a weekly check-in process.

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 Assurance Audits 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:

Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, once you get comfortable you can graduate to a proper OKRs-tracking tool.

A strategy map in TabilityTability's Strategy Map makes it easy to see all your org's OKRs

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 Assurance Audits OKR templates

We have more templates to help you draft your team goals and OKRs.