A KPI (Key Performance Indicator) visual is used to compare the current value of a business metric against a target and display its performance over time. It provides a quick way to monitor progress toward goals using an indicator, trend, and target value.
Lets see how to create KPI visual in this blog
How to Proceed?
Step 1
Launch power BI desktop app and open the new report page and import the data required.
Step 2
In “visualizations” pane click on “KPI” which is highlighted in the given figure.
Step 3
Drag the data fields into “Build visual pane” that you want to analyze.
Values: Displays the current value of the KPI – Count of Medal
Trend axis: Displays how the KPI changes over time and provides the background trend for the visual – Year
Target: Specifies the target or goal used to evaluate the KPI – Average of Target
Now the KPI visual is created.
In this example, the KPI visual compares the medals won in 2016 against the target value. The indicator changes color to show whether the target has been achieved.
Step 4
Customizing the appearance
In the formatting option of KPI visual, Expand Trend Axis
The High is good option indicates that values above the target are considered positive, while values below the target are considered negative. You can customize the indicator colors to match your reporting requirements.
We can also customize colors for values above target, below target.
Distance to goal displays how far the current value is from the target as a percentage, helping users quickly understand performance.
Increasing is Positive – shows positive percent for increasing value
Decreasing is Positive- Shows positive percent for decreasing value
Enable the Date option to display the KPI for a specific date or year. You can also customize the font, size, and color of the displayed date.
Step 5 Save the visual
Finally, your KPI visual is ready. Click Save to save the report.
When to use KPI visual?
Use the KPI visual when you want to monitor progress toward a target, compare current performance with goals, or track trends over time. It is ideal for displaying a single important business metric.
Pros
- Easy to understand at a glance.
- Displays current value, trend, and target in a single visual.
- Helps monitor business performance over time.
- Supports quick performance comparisons.
Cons
- Suitable for displaying a single KPI at a time.
- Limited customization compared to some other visuals.
- Not intended for detailed data analysis.
Conclusion
The KPI visual is an effective way to monitor progress toward business goals. By combining the current value, trend, and target into a single visual, it helps users quickly evaluate performance and make informed decisions.
Useful Information
| Tags | Power BI |
| Useful links | https://radacad.com/kpi-visual-in-power-bi-explained |
| MS Learn Modules |
https://learn.microsoft.com/en-gs/power-bi/visuals/power-bi-visualization-kpi?tabs=powerbi-desktop |
| Test Your Knowledge | Quiz |
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