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Our example Objective will be to win to win £250,000 of investment.
Step 1: Create Objective
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What does it mean for a Key Result to contribute to Objective progress?
This means that the status of the Key Result will have a bearing on the Objective progress %.
E.g. So if you have an Objective with 4 different Key Results, and all of them contribute to Objective progress, then each one will contribute 25% to the overall progress.
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As you can see in the image below, one of the Key Results has been marked as completed (100%), and so the progress of the Objective has been automatically updated to 25% complete.
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There are four Key Results here:
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4. Win £150,000 from seed funding.
But only two of them (no. 3: Win £100k from angel investors and no. 4: Win £150k from seed funding) actually mathematically contribute to the Objective (Win £250,000 of investment).
Nonetheless, because each Key Result has been marked as "Contributing to Objective progress", each Key Result will contribute to 25% of the Objective progress.