|
HELP CENTER NAVIGATION: Contents :: Maintenance :: Edit A KPI :: Text Tutorial
Edit A KPI
To be able to create a chart/graph to be included for graphical reporting, the balanced scorecard tool firstly requires a Measure/s. A KPI is considered some type of formula that uses Measurement’s relevant to the business.
It is very important to understand the difference between a Measure and a KPI when setting up your balanced scorecard. As a beginner step think of separating the two like this; KPI = Measure + Measure
Eg. For a fresh fruit business; apples would be 1 measure and oranges would be a different measure. To find out the total fruit (apples + oranges) produced/sold/wasted .etc the total fruit value would be a KPI. So therefor KPI = Measure + Measure in this scenerio would be Total Fruit = Apples + Oranges.
|