Post by account_disabled on Dec 6, 2023 0:43:43 GMT -5
This is the starting point for consideration of each subsequent issue. You can indicate such cockpit construction criteria as Purpose what is the cockpit intended for? Recipients who will use the cockpit? Data sources where to provide data for the dashboard? Dimensions and filters how to group and sort data? Refresh schedule when should the data be updated? Graphic designcolors what should the cockpit look like. Define key metrics Every organization has critical indicators that define its performance. Some of them are general and adaptable to any enterprise. Additionally you can also distinguish measures specific to a given industry or a specific organization which additionally determine whether the organization is in good or bad condition.
Most often dashboards present KPIs Key Performance Indicators i.e. key performance indicators of the company. Additionally there are KRIs Key Risk Indicators i.e. key risk indicators that support risk management in the organization especially in financial institutions Email Marketing List such as banks. The basic difference between KPIs and KRIs is that KPIs present how a given area functions. KRI indicators in turn are intended to warn about a potential event as early as possible. Indicators should meet the criteria of credibility timeliness readability and transparency. Various methods and techniques can be used to isolate them such as brainstorming.
KPIs should be SMART an extension of this acronym is shown in the figure below. smart dashboard Principles of data visualization . Engage and prototype In the initial phase designing a cockpit can be reduced to working with a sheet of paper a pencil and an eraser similarly to a sketchbook. It may turn out that the ideas we previously considered valuable do not match the actual needs and realities. In such cases an eraser comes in handy. It may also turn out that our dashboard is missing specific information that would specify the context or supplement the information.
Most often dashboards present KPIs Key Performance Indicators i.e. key performance indicators of the company. Additionally there are KRIs Key Risk Indicators i.e. key risk indicators that support risk management in the organization especially in financial institutions Email Marketing List such as banks. The basic difference between KPIs and KRIs is that KPIs present how a given area functions. KRI indicators in turn are intended to warn about a potential event as early as possible. Indicators should meet the criteria of credibility timeliness readability and transparency. Various methods and techniques can be used to isolate them such as brainstorming.
KPIs should be SMART an extension of this acronym is shown in the figure below. smart dashboard Principles of data visualization . Engage and prototype In the initial phase designing a cockpit can be reduced to working with a sheet of paper a pencil and an eraser similarly to a sketchbook. It may turn out that the ideas we previously considered valuable do not match the actual needs and realities. In such cases an eraser comes in handy. It may also turn out that our dashboard is missing specific information that would specify the context or supplement the information.