Best Charts to Compare Actual Values with Targets – What is your take?

Share

Facebook
Twitter
LinkedIn

Yesterday we have a post on using thermometer charts to quickly compare actual values with targets. Today we follow up the post with 10 charting ideas you can use to compare actual values with targets.

I have added my comments to each option along with useful links to learn how to make such a chart.

There is a poll too, at the end.

(1) Gauge / Speedometer Chart

Gauge / Speedometer Chart - Comparing Performance using Charts

What is good about this approach?

  • Familiar metaphor thus easy to understand
  • Easy to construct
  • Good for communicating one data point

What is bad?

  • Takes too much space
  • Bad design choice for most professional situations

Tutorials to make Gauge / Speedometer Chart

Tutorial 1 | Tutorial 2

(2) Thermometer Chart

Thermometer Chart - Comparing Performance using Charts

What is good about this approach?

  • Familiar metaphor thus easy to understand
  • Easy to construct
  • Good data to ink ratio

What is bad?

  • Do not say anything about trends
  • Not appropriate when actual values exceed targets

Tutorials to make Thermometer Chart

Tutorial 1 | Tutorial 2

(3) Bullet Chart

Bullet Chart - Comparing Performance using Charts

What is good about this approach?

  • Comprehensive
  • Aesthetic and very good data to ink ratio

What is bad?

  • Difficult to construct in Excel
  • Takes time to read the first time

Tutorials to make Bullet Chart

Tutorial 1 | A bullet chart alternative

(4) Area Chart

Area Chart - Comparing Performance using Charts

What is good about this approach?

  • Shows trend along with current status
  • Easy to construct
  • Easy to compare

What is bad?

  • Not good for small data sets

(5) Line Charts

Line Charts - Comparing Performance using Charts

What is good about this approach?

  • Easy to construct
  • Shows trend along with current status
  • Easy to read and understand

What is bad?

  • Looks too simple

(6) Column Chart with Markers

Column Chart with Markers - Comparing Performance using Charts

What is good about this approach?

  • Easy to compare & read
  • Easy to construct

What is bad?

  • Not good for small data sets

Tutorials to make Column Chart with Markers

Tutorial 1

(7) Partially Overlapped Chart

Partially Overlapped Chart - Comparing Performance using Charts

What is good about this approach?

  • Easy to construct

What is bad?

  • Difficult to compare

(8) Traffic Lights

Traffic Lights - Comparing Performance using Charts

What is good about this approach?

  • Familiar metaphor thus easy to understand
  • Easy to construct (with Excel 2007 Conditional Formatting)
  • Good for tables

What is bad?

  • Do not tell the entire story, so should be used only in tables or with other displays

(9) Pie Charts

Pie Charts - Comparing Performance using Charts

What is good about this approach?

  • Familiar metaphor thus easy to understand
  • Easy to construct (with Excel 2007 Conditional Formatting)
  • Good for tables

What is bad?

  • Works when targets are 100%
  • Cannot show when actual values are more than targets
  • Pie charts can be hard to read

Tutorials to make Pie Charts

Tutorial 1

(10) Using Text – Just say the thing

Using Text - Just say the thing - Comparing Performance using Charts

What is good about this approach?

  • Easy to read
  • Highest Data to ink ratio
  • Very easy to construct

What is bad?

  • Too simple
  • Leaves the finer details out

If you are reading this post on email or feed reader, please click here to access the poll.

More Resources and Tutorials

Facebook
Twitter
LinkedIn

Share this tip with your colleagues

Excel and Power BI tips - Chandoo.org Newsletter

Get FREE Excel + Power BI Tips

Simple, fun and useful emails, once per week.

Learn & be awesome.

Welcome to Chandoo.org

Thank you so much for visiting. My aim is to make you awesome in Excel & Power BI. I do this by sharing videos, tips, examples and downloads on this website. There are more than 1,000 pages with all things Excel, Power BI, Dashboards & VBA here. Go ahead and spend few minutes to be AWESOME.

Read my storyFREE Excel tips book

Overall I learned a lot and I thought you did a great job of explaining how to do things. This will definitely elevate my reporting in the future.
Rebekah S
Reporting Analyst
Excel formula list - 100+ examples and howto guide for you

From simple to complex, there is a formula for every occasion. Check out the list now.

Calendars, invoices, trackers and much more. All free, fun and fantastic.

Advanced Pivot Table tricks

Power Query, Data model, DAX, Filters, Slicers, Conditional formats and beautiful charts. It's all here.

Still on fence about Power BI? In this getting started guide, learn what is Power BI, how to get it and how to create your first report from scratch.

9 Responses to “CP044: My first dashboard was a failure!!!”

  1. Oz says:

    CONGRATS on the book!

    Thanks for this podcast. It's great to hear about your disaster and recovery. It's a reminder that we're all human. None of this skill came easily.

  2. Din Muhammad Samimi says:

    Hey chandoo
    this really a good lesson learned
    but as I have already stated in one of my previous email that it would be more helpful for us if you could release videos of your classes for us
    thanks

  3. Nafi says:

    The article gave me motivation, especially you describing the terrible disaster that you faced but how to get back from the setbacks. Thanks for that, but with video this will be more fun.

  4. Amankwah says:

    You always motivate me with respect of the tools in excel. How we can really exploit it to the fullest. Thanks very much

  5. Juan says:

    Thank you very much, Chandoo, for your excellent lessons, I am anxious to learn so valuable tips and tricks from you, keep up the great job!
    I truly appreciate the transcripts of the podcasts, because as a speaker of English as a second language, it allows me to fully understand the material. It'd be great if you can add transcripts to your online courses too, I am sure people will welcome this feature.

  6. David Evans says:

    Dashboards for Excel has arrived in Laguna Beach, CA! Thanks!

    Now I need to make time to "learn and inwardly digest" its contents as one of my high school teachers would admonish us!

Leave a Reply