Creating Value Trackers in Company Admin - Video Tutorial:
Value trackers allow customers to track the progress of their collaboration against different specific targets, which helps to measure the overall value realisation. For example, launching a product that increases revenue. The previous version of Value Trackers was not as flexible in terms of capabilities and would not support a variety of use cases.
Note: the legacy Value Trackers are still supported and can still be used in Vizibl. These can be managed from under the Admin section > Value Trackers (Legacy). New projects or old projects with no current value trackers will automatically be configured to use V2 value trackers. Old projects currently using V1.0 value trackers will retain those trackers. Users will be given an option displayed in a banner message to convert their project to use V2 value trackers but this will result in their current V1 value trackers being deleted.
The below table contains a comparison between the two and highlights the extended capabilities of the newer version:
Value trackers 1.0 | Value trackers 2.0 |
Only captures increasing value | Can capture both increasing and decreasing value |
Target is required before entering any data | Can capture a log of data, no target required |
Limited predefined measurement types | Customisable measurement types |
Only public value trackers | Supports private value trackers |
Data is captured starting from the project date | Can capture data at any point in a project’s lifecycle |
Creating a Value Tracker Measurement Type
The overall setup process is similar, and in addition to the older version, V2.0 introduces Customisable Measurement Types. Navigate to Admin > Value Trackers > Measurement types to begin setting up a measurement type before creating any value trackers.
Give your measurement a name, prefix and suffix. The latter two are optional, and a preview will be generated to show how this would look like. The org library function is supported as well, and you can import measurement types that been previously created by another company in your organisation.
Creating a Value Tracker
Navigate to Admin > Value Trackers to create a new value tracker. It’s always best to check the organisation library beforehand in case it has already been created to save time. If not, click 'Add new' to get started and fill out the minimum information required to save:
1 – Add a name for your value tracker in the mandatory field.
2 – A description will provide details about what your value tracker is measuring.
3 – The dropdown will contain all the available measurement types. If the one you are looking to assign does not exist, exit the screen and toggle navigate to ‘Measurement types’ on the same page to add a new type.
4 – Toggle on/off for whether a target will be required when the value tracker is associated with a project.
5 - Set a custom icon and a color for your value tracker. You can even go a step further and pick from 1000s of icons from Font Awesome.
6 – Lastly, decide whether the value tracker you are creating will be private or public. Public value trackers are visible by both the customer and supplier side of the project/relationship team both inside the project and on a shared Reporting dashboard.
The tracker is now configured and will be available for selection in your company's projects. If you want to know how to add Value Trackers 2.0 to individual projects please refer to Add and Manage a Value Tracker 2.0. To learn more on how to use them in reporting, please visit Reporting on Value Trackers 2.0.