Question { IBM, 6803 }
WHAT IS METRIC STUDIO?WHAT IS SCORE CARDS HOW TO IMPLEMENT
IT AND WHAT IS THE USE OF SCORE CARD?
Answer
Metric Studio is a web-based application used for
monitoring/analyzing various performance measures such a
metrics, KPIs, projects etc at various organizational
levels.
Scorecard is usually written as a single word in Metric
Studio context.
Scorecard is a collection of metrics/KPIs having unqiue
actual, target and tolerance values using which the
performance of the organization could be measured.
There are status indicators associated with each scorecard
like Traffic Lights, Trend Indicators which ease the
performance analysis.
The entire Metric Studio application which consists of
Scorecards as one of the main entities can be
implemented/created directly in the Metric Studio or using
a Tool which comes along with cognos known as Metric
Designer.