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Steps on How to Create a Dashboard in Microsoft Excel

Creating a dashboard in Microsoft Excel can be a bit of a task if you’re not conversant with the operations of Excel. A dashboard created in Excel can help in many ways liking giving you visibility of your work giving you an update of your work status and the projects that you’re running and also every detail about jobs. In addition to the above benefits, you also be able to increase the speed that your organization works with because you can manage activities better, and communicate in a better way. If you want to know how to create a dashboard in Microsoft Excel, it is advisable for you to read this article all through.

It is first important to understand what a dashboard is. A dashboard is a board that is created of different charts and graphs and tables that contain data in numbers. The many different kinds of dashboards that are created include the financial dashboards, project dashboards and marketing ones. The purpose of creating the dashboard something very important and that should watch out for when you go out to create a dashboard.Another very important question that you should ask yourself before creating the dashboard is where you find the data to feed in to the dashboard. The process of creating a dashboard will also include checking into factors like how many dashboard elements you need to have, the background color that the dashboard should have and also how hard or easy the user interface should be.

The first step in creating a dashboard in Excel is importing the data into the Excel sheet. The uses of the data in the excel sheet are the analysis in order to bring information and therefore you can import your data from the different sources that you have or have a live feed that updates the data even as the data get in. After adding a data into the excel sheet, you need to structure the sheets in the way that you want and this can involve creating different sheets that will be used for analysis, having a sheet for raw data and then the workbook. After importing of the data, you need to create a data entry where the data can be entered in a table like format.

The next step on creating a dashboard in Excel will be to make analysis of the information or the data that you have and that will involve creation of graphs, tables and charts that can be used to interpret the data to get some information. The last process is to build a dashboard itself.