Overview of Scorecards

A Scorecard allows you to monitor various performance aspects of your organization. Scorecards allow you to monitor performance from different perspectives, based on specific objectives and KPIs identified by your organization.

A complete Scorecard contains multiple instances of the following items, which appear in a hierarchy:

Perspectives: Areas on which you want your company to focus. For example, Cost Optimization.
Objectives: Specific goals towards which you want the company and the employees to strive. Each Objective is categorized under a specific Perspective. For example, an Objective under the Cost Optimization Perspective might be to optimize day-to-day tasks.
KPIs : Key Performance Indicators that measure the company's ability to meet its objectives. Each KPI is categorized under a specific Objective. For example, to measure the company's ability to optimize day-to-day tasks, you can have a KPI that measures the percent of equipment that has a new or reviewed Asset Strategy.

Note: You can use a KPI in more than one Scorecard.

You can create or modify a Scorecard using the Scorecard design page. After a Scorecard is designed, as data is collected and tracked using the KPIs, you can view a summary of the data on the Scorecard details page.