Indicators Defined
KPIs are typically presented in a graphical fashion, using visual indicators. An indicator can be any type of visual display that represents the degree to which the target measurement has been achieved or exceeded. Examples of indicators include fuel gauges, thermometers, stop lights, and many others.
Each indicator is divided into multiple levels, each of which displays differently. A stop-light indicator, for example, might have three indicators: red, yellow, and green. A green-level would visually demonstrate that the target measurement has been achieved or exceeded. A yellow indicator would show that the actual result is slightly off-target. And a red indicator would mean that the actual result is farther off-target.
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