What are the key considerations when developing a dashboard to track a company's key performance indicators, and how would you ensure that the dashboard is effective and easy to use?
A core FP&A interview question — asked in analyst and associate interviews across IB, PE, and the Big 4.
THE SHORT ANSWER
The key considerations when developing a dashboard include identifying the key performance indicators, determining the frequency of updates, and ensuring that the dashboard is user-friendly and visually appealing. I would use methods such as agile development and stakeholder feedback to ensure that the dashboard meets the needs of its users.
WHAT INTERVIEWERS LISTEN FOR
- ✓Key performance indicators
- ✓Frequency of updates
- ✓User-friendly
- ✓Visually appealing
COMMON MISTAKES
- ✗Lack of consideration for user needs
- ✗Failure to use agile development
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