Last updated on Nov 07, 2023
KPI is nothing but a measurable value, which shows the best ways for organizations to achieve their essential goals of the business with efficiency. Companies take the help of KPIs at various levels for their successful evolution to reach targets. The concentration of high-level KPIs is on the entire business performance, and the focus of low-level KPIs is on departments processes like HR, marketing, sales, support, etc. we can say it simply as a set of value measures, which is used by organizations to evaluate its entire performance.
It is the best choice when we decide to use KPI. We can use KPIs in the given situations.
The visuals of KPIs are based on particular measures, the main intention of these KPIs is to help us in present value evaluation and the defined target metrics. Base measures are essential for the visuals of KPIs, which helps in value evaluation, target measurement, and target measurement. Its dataset requires maintaining the goal values for KPI, in the case when there are no goal values with our database, then we may design them by combining an excel sheet with our model of data goals and the file of PBIX.
There are two main prerequisites to use KPIs in power bi, the given below are those prerequisites.
To build KPI in power bi there are some essential requirements, they are like threshold value, trend, target value, measure value, etc. for value evaluation we must require the base measure. For our power bi report generation, we need to choose the goal and base value from the database, which you are working on currently. With the help of these values added to our database, in later sections we are permitted to create a KPI.
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Let us see the process of KPI creation in the Power BI desktop with simple steps.
We can classify KPI in Power BI into three elements They are thresholds status, target value, and base value.
KPI is simple to use, we may utilize them to expose the complex information equally. The given below are the two main advantages of KPIs in Power BI.
Along with built-in KPIs, which we created there are various visualizations. Those visualizations are related to KPI, which we can install from the marketplace of Power BI. We can add them by clicking on the icon from the marketplace, the given below are various visualizations.
KPIs are simple in looks, but at the same time they are complex and while creating we may face problems. We require our KPI to be up to mark when we are new to using KPIs. As this is complex we must be careful and get a complete idea of these KPIs, then only we utilize it properly in power bi. We thought this blog may help you as much as you require. If you had any queries or questions that need to be answered please do comments below, to get your question answered quickly by our HKR expert trainers.
As a senior Technical Content Writer for HKR Trainings, Gayathri has a good comprehension of the present technical innovations, which incorporates perspectives like Business Intelligence and Analytics. She conveys advanced technical ideas precisely and vividly, as conceivable to the target group, guaranteeing that the content is available to clients. She writes qualitative content in the field of Data Warehousing & ETL, Big Data Analytics, and ERP Tools. Connect me on LinkedIn.
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