Product Dashboard is an information visualization tool that displays the current status of performance metrics and indicators regarding a separate product or a group of related products. This tool helps plan and monitor a specific product throughout its lifecycle. Essentially it allows creating customized views of product performance data gathered from multiple sources and displayed on a single screen.
Product dashboards aggregate, arrange and show various performance metrics, numbers and sometimes scorecards about some products. They display product performance status on a single screen, allowing decision makers to gain insight into the stages of product lifecycle.
By using product dashboards it is easier to understand a product’s status towards achieving specific goals. The following information helps managers understand product performance:
- Product name and description
- Current stage in the overall product lifecycle
- People responsible for product development, sales and maintenance
- Various metrics and indicators that show product performance in terms of revenue generated, customer satisfaction, business goals, others
- Product scorecards.