When a scorecard is configured to use metric targets, what can you define?

When configuring a scorecard to utilize metric targets, the ability to define a set of targets for any combination of control settings is key. This means that users can establish specific performance goals that span various metrics and parameters, which allows for a more comprehensive evaluation of performance across different aspects of the data being analyzed.

Using metric targets in a scorecard provides the flexibility to tailor these targets according to the particular operational or strategic needs of the organization. This can incorporate multiple controls and settings, ensuring that the targets remain aligned with overarching business objectives and can be adjusted as those objectives evolve. By defining targets in this way, organizations gain better visibility into their performance metrics and can facilitate informed decision-making.

The other options do not capture this level of versatility and complexity in target definition. For instance, qualitative goals do not fit within the scope of metric targets; they are inherently different as they describe subjective attributes rather than clear, measurable standards. Numerical goals in isolation do not allow for the flexibility of combining various control settings, and focusing solely on time-based targets neglects the broader application in conjunction with other relevant metrics. Therefore, establishing targets for any combination of control settings is the most comprehensive approach to scorecard configuration.