How To Create Key Performance Indicators KPIs Using Power Pivot Tool

Learn: The Quick & easy way on How To Create Key Performance Indicators KPIs Using Power Pivot Tool In this video, you will learn: 1. How To Create Key Performance Indicators 2. How to use KPI to determine; Base value, Target value, and Status thresholds (KPIs) i.e Key performance indicators are visual measures of performance which is Supported by a specific calculated field. Basically, a KPI is designed to help users to quickly evaluate the current value and status of a metric against a defined target. A KPI is a quantifiable measurement used when gauging business objectives. For example, the sales department of an organization might use a KPI to measure monthly gross profit against projected gross profit. The accounting department might measure monthly expenditures against revenue to evaluate costs, and a human resources department might also measure quarterly employee turnover using KPI. Each of these scenarios is an example of a KPI. Various business professionals frequently group KPIs together in a performance scorecard to obtain a quick and accurate historical summary of business success or to identify trends. A KPI includes a base value, a target value, and status thresholds. Base value A Base value is a calculated field that must result in a value. Target value A Target value is also a calculated field that results in a value—perhaps an absolute value. Status thresholds A Status threshold is defined by the range between a low and high threshold. The Status...