The financial performance (which will be indicated by the pointer on the gauge) is calculated as follows:
Performance = (Actual/Budget) * 100
Note that the gauge’s scale and performance differ based on the Business Object that was selected:
For Income, More is Better
For Expenditure, Less is Better
Based on the above, the gauge’s on-track/monitor/off-track areas are plotted. The equations used is as follows;
For more is better:
Off track: 0 to (Target-Variance)
Monitor: (Target-Variance) to Target
On track: More than Target\
For less is better:
Off track: More than (Target + Variance)
Monitor: Target to (Target + Variance)
On track: Less than Target
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Last revised: November 26, 2017