|
Introduction - Functions Overview - Purchase
Program
The difference between Performance and
Progress
The latest version of BSC Designer introduced a number of useful
features. Following requests from our users we added the value
Progress. What is the difference between
Progress and Performance?
In the Balanced Scorecard project we
have two columns: Performance and Progress. What is the
difference?
The indicator “Turnover Rate” has performance equal to 16% and
progress of just 3.33%.
The indicator "Turnover Rate" has
performance equal to 16% and progress of just 3.33%.
Now we will check the current settings for the indicator to
understand the difference:
The baseline is 15 and the target value
is 45. The current value is 16 – that's why the progress is just
3%
- Current value is 15
- The min value is 0, the max
value is 100
- The baseline is 15, target is
equal to 45
The difference between Performance and
Progress
Performance shows how the indicator is
performing. Performance doesn’t incorporate the historical values
of indicators, it calculates the value using only the min value,
max value and current value. That is why the performance is 16%
In contrast to performance, Progress focuses on
the baseline and target interval, e.g., progress shows us how well
our project is performing according to the starting point that we
assigned and the end point that is our target. In this case the
baseline is 15 and the current value is just 16, so we’ve improved
the current value only by 1 point, which is 3% on the interval
[baseline; target].
|
