๐ Certification
In indicator management, indicator certification is a process of professional recognition of data quality. This process ensures that the metrics or indicators created are accurate, reliable, consistent, and effectively reflect the business performance or status of an enterprise.
This process covers multiple stages including data sources, modeling specifications, indicator definition, calculation formulas, validation, maintenance, and continuous improvement.
Data Sources: Determine the data sources on which indicators depend, including the source of data, collection methods, and frequency. Ensure the reliability and consistency of data sources, as well as the accuracy of data collection.
Modeling Specifications: Establish specifications and standards to ensure the consistency and uniformity of data modeling. Define data models, dimensions, measures, relationships, etc., to ensure the consistency of indicator definitions and calculation methods.
Indicator Definition: Clearly define the indicators, determine their meanings and scopes. Ensure that the indicators are accurately defined, clear, and consistent with business goals and strategies.
Calculation Formulas: Develop calculation formulas or algorithms for indicators to ensure the correctness of calculation methods and compliance with business logic. Consider the dimensions, measures, and related calculation rules involved.
Validation: Validate and verify the indicators to ensure their accuracy and reliability. Use statistical analysis, data sampling, or other methods to validate the indicators and compare them with actual business data.
Maintenance: Regularly maintain and update the indicators to ensure their timeliness and effectiveness. Monitor data sources and calculation processes, rectify errors or abnormal data, and maintain the consistency and accuracy of indicators.
Continuous Improvement: Continuously improve the indicator system and calculation methods based on business needs and feedback. Optimize and adjust indicators based on user feedback and business changes to improve their usability and operability.
Indicator certification is aimed at ensuring that decision-makers in enterprises can trust these indicators and use them to evaluate business performance, formulate strategies, and monitor business execution. Therefore, a good indicator management system should support a comprehensive and rigorous indicator certification process.
Definition of Indicator Certificationโ
Create certification in Settings/Certification.
Authorization for Indicator Certificationโ
User Role: Project Administrator
Open the page Project -> Members to add certification to the project so that data assets in the project can use certification.
Use of Indicator Certificationโ
User Role: Project Member
Open the page Project -> Indicator Registry where you can assign certification to indicators.