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Excel has many built in functions that can help break down data and also separate data by scenarios. The user can easily download and add files to their Excel sheets to use for their data. Other tools Excel offers is the use of conditional formatting and basic pivot tables and charts. Excel allows the user to reference other cells which ...
KPI information boards. A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [2]
Organizations have used systems consisting of a mix of financial and non-financial measures to track progress for quite some time. [8] One such system, the Analog Devices Balanced Scorecard, was created by Art Schneiderman in 1987 at Analog Devices , a mid-sized semi-conductor company. [ 4 ]
To be successfully implemented, KPIs should focus on metrics that are specific, measurable, and clearly communicated. SharePoint Dashboards are ideal for displaying the status of KPIs, because their quantifiable data can be pulled from multiple systems and provide a graphical summary of what is stored within the quantifiable data systems.
Overall labor effectiveness (OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality.
For construction contractors or construction managers it is important to track and compile past data of trends, completed projects, production factors, equipment changes, and various labor markets. [32] Sample labor norms. The labor requirements are often the most variable and are a primary focus of construction cost estimators.
Trend analysis is the widespread practice of collecting information and attempting to spot a pattern. In some fields of study, the term has more formally defined meanings. [1] [2] [3]
OLAP clients include many spreadsheet programs like Excel, web application, SQL, dashboard tools, etc. Many clients support interactive data exploration where users select dimensions and measures of interest. Some dimensions are used as filters (for slicing and dicing the data) while others are selected as the axes of a pivot table or pivot chart.