ard?What are KPIs and metrics?

Before learning about dashboards, we

will first need to understand the most important factors used in dashboards, i.e. KPIs
and metrics.A KPI is a measurable value that indicates a company’s progress
towards its goals and how well that company is achieving its key business
objectives. Selecting the right KPIs for measuring a company’s success is an
important need for any organization.A metric is a quantifiable and measurable unit
within a KPI that tracks processes. With the help of metrics, you can track the
activities and performance of a set target. The dashboard is a single visual display
combining data from several sources to control the health of a business, a
department, or a process, by monitoring the business KPIs, metrics, and key data
points. The word “dashboard” originates from the car dashboard, where the driver of
a car can see all the major functions of the car at a glance. A business dashboard is
an information management tool that provides answers to the questions of the
decision makers by tracking and analyzing business performance and helping them
make the right decisions.