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KEY RISK INDICATORS (KRIs)#1
Metrics used to measure risk levels and alert management to potential issues; essential for effective risk monitoring.
DATA VISUALIZATION#2
The graphical representation of information and data to communicate insights clearly and efficiently.
ANALYTICS TOOLS#3
Software applications that enable data analysis to derive insights, trends, and patterns from data sets.
REPORTING SYSTEMS#4
Structured processes for collecting, analyzing, and presenting data to inform decision-making.
EXECUTIVE MANAGEMENT#5
Senior leaders responsible for guiding an organization, making strategic decisions based on risk insights.
DASHBOARD DESIGN#6
The process of creating an interface that visually displays key metrics and data for quick understanding.
AUTOMATED REPORTING#7
The use of technology to generate reports automatically, ensuring timely and accurate information delivery.
DATA INTEGRATION#8
Combining data from different sources to provide a unified view for analysis and reporting.
USER-CENTRIC DESIGN#9
An approach that prioritizes the needs and experiences of users in the design of dashboards and tools.
PROTOTYPING#10
Creating preliminary models of a dashboard to test design concepts and gather feedback before finalization.
STAKEHOLDER ENGAGEMENT#11
Involving all parties affected by a project to gather insights and validate the relevance of KRIs.
VISUAL REPRESENTATION#12
Using charts, graphs, and other visuals to depict data, making complex information easier to understand.
DATA ACCURACY#13
The degree to which data correctly reflects the real-world situation it represents, crucial for decision-making.
INTERPRETATION OF DATA#14
The process of making sense of data by analyzing and explaining its significance to stakeholders.
CULTURE OF DATA-DRIVEN DECISION MAKING#15
An organizational mindset that emphasizes using data analysis to guide business decisions.
ITERATIVE IMPROVEMENT#16
A continuous process of refining and enhancing a system or product based on feedback and performance.
EXECUTIVE SUMMARY REPORTS#17
Concise reports that summarize key insights and recommendations for executives to facilitate quick decision-making.
COMPARATIVE ANALYSIS#18
Evaluating different analytics tools or methods to determine the most effective approach for a specific need.
DATA SOURCES#19
Origins of data that can be used for analysis, including internal databases and external datasets.
RISK COMMUNICATION#20
The process of sharing information about risks and their implications to stakeholders clearly and effectively.
FEEDBACK LOOP#21
A system where outputs of a process are used as inputs for further improvement, enhancing decision-making.
VISUALIZATION TECHNIQUES#22
Methods used to create visual representations of data, such as charts, graphs, and infographics.
DATA ANALYSIS#23
The process of inspecting, cleansing, and modeling data to discover useful information and support decision-making.
EXECUTIVE PRESENTATIONS#24
Formal presentations designed to convey critical insights and recommendations to senior management.
SAMPLE DATASETS#25
Representative collections of data used for testing and training analytics tools and models.