You can set specific target values for your goals. For example, increase literacy rates to 95% by 2016. If we achieve this value, or show appropriate progress over time, our goal will show as “on track”. Otherwise, our goal will show as “needs improvement”.
However, what if we are close but not quite there yet? Users have the ability to define a target tolerance around a goal target value. This is the “pretty close” margin of error around a target, and if we are showing values within this tolerance range, our goal will show as “near target”. This is a great way to communicate progress while still showing that there is still work to be done around reaching our goal. In the example above, if our goal is to increase the literacy rate from 90% to 95% in ten years, we might consider 94% to be a “near target” value while 95% is our actual goal target value.
Defining Target Tolerance
After you’ve defined your goal target value in the prevailing measure, then click “Add a target tolerance”. This will add a numeric range within which the goal will be considered to be “near target.” The range is dependent on the type of goal set: for “increase to” goals, the tolerance is below the target value, while for “reduce to” goals, the tolerance is above the target value, and so on.
Editing the Target Tolerance
This range is editable by simply clicking on the number and typing in the desired range, and the range adjust dynamically to show you the relative size of the tolerance compared to the target value.
Adding a Target Tolerance to your goal will help viewers understand that although the target may not have been met or is not tracking as aggressively as desired, progress is still being made.
Example: I would like to increase the number of new jobs to 100,000 jobs from the start of 2011 to the end of 2014. However, I am giving my goal a tolerance of 5,000 jobs, so that even if I am 5,000 off from my target, you will how close I came to achieving my goal.