A dial chart, commonly referred to as a gauge chart, is a graphical representation of the changes in a measured quantity over time. The dial on a dial chart moves clockwise as the measured quantity increases. This makes it easy to visualize changes in the data over time. Today, we’ll examine these useful yet simple dial charts and when they should be used. Keep reading to learn more about when to use a gauge chart.
What are the components of a dial chart?
Gauge charts are typically used to track progression and performance against specific goals or targets. Before exploring some common use cases, you should understand the components of these charts. There are three components of a gauge chart: the semicircle, the dial, and the numbers.
The semicircle is colored in to represent milestones, and the dial points to the end result. The numbers on the gauge chart provide more detail about the target metric. They can indicate the percentage or amount of improvement or the current value. Gauge charts are easy to understand and are a great way to show changes over time.
Gauge charts can be used to track sales compared to the sales target.
A dial chart is a graphical representation of how well or how poorly a particular metric is performing. A typical use case for a gauge chart is to compare completed sales to the sales target. This allows businesses to easily identify where they need to make adjustments in order to meet their targets.
For example, if the dial shows the actual sales data, while the semi-circle shows the target sales numbers and the dial is only sitting at halfway across the semi-circle, you can see that the business is lagging behind in its sales target. This can be easily identified by looking at the gauge chart, and action can be taken to address the shortfall.
A gauge chart is a powerful tool for monitoring and improving performance. By tracking performance over time, businesses can quickly and easily identify areas of improvement.
A dial chart can be used to track project deadlines.
Gauge charts are often used in project management to track deadlines. This allows the team to easily see if they are on track to complete the project on time and within budget. For example. the dial would represent the team’s current completion of the project and the semi-circle would show each stage of the project. The location of the dial would show project managers where they are in terms of the project. The further the dial is from the starting point, the more completion has been done.
When should you avoid using a gauge chart?
A gauge chart is a great way to track and visualize improvement, but there are times when it is not the best tool for the job. You should avoid using a gauge chart if you need to measure more than one data set. if the data is nonlinear, or if you need to show more than a single percentage of achievement.
If you need to track more than one data set. a gauge chart is not the best tool because it can only show one data point at a time. If you need to track the progress of two or more data sets simultaneously, you would be better off using a bar chart or line chart.
If the data you are measuring is nonlinear. a gauge chart is not the best tool because it can only show linear data. If you need to track data that is nonlinear. you would be better off using a scatter plot or line chart.
If you need to show more than a single percentage of achievement. a gauge chart is not the best tool because it can only show one percentage at a time. If you need to track the advancement of more than one percentage. you would be better off using a bar chart or line chart.
Track your progress with gauge charts.
As you can see, gauge charts can be used to track a wide variety of metrics. However, there are many situations that warrant the use of other charts like bar charts or line graphs. However, if you want to track improvement or performance, consider using a gauge chart.