Annual Report and Accounts 2006/7 - CEDA Repository

Management commentary
Key Performance Targets 2007/8
The following Key Performance
Targets (KPTs) have been set for
the Chief Executive of the Met
Office and announced in
Parliament for the financial year
(FY) 2007/8. The targets are
designed to drive continued
improvements in the Agency’s
performance and are as follows:
KPT 1. Forecast Accuracy
To achieve at least three out of the four following forecast accuracy measures. Any
failed element will be required to meet the same level as the FY 06/07 outturn for
the overall KPT to be met:
a. Improve the forecasting skill, using the combined Numerical Weather Prediction
(NWP) Index, to at least 122.4.
b. More skilfully predict whether precipitation will occur, at selected locations, to
achieve a skill score of at least 0.403.
c. Predicting maximum temperature at selected locations to within 2 degrees
accuracy 84.8% of the time.
d. Predicting minimum temperature at selected locations to within 2 degrees
accuracy 82.0% of the time.
KPT 2. Business Profitability
To achieve a Business Profitability target of £4.3 million.
KPT 3. Return on Capital Employed
In line with Treasury requirements to achieve a Return on Capital Employed (ROCE)
of at least 3.5%.
KPT 4. Support to wider Government goals
To deliver the outputs of the Customer-Supplier Agreements (CSA) for Public
Weather Services, Defence and Defra within the tolerances agreed with the
customers and defined in the CSAs.