24 Dec 2022

165

Data Visualization Tools for Organizational Decision-Making

Format: APA

Academic level: College

Paper type: Critical Thinking

Words: 246

Pages: 1

Downloads: 0

Data visualization enables an organization to make real-time and high quality decisions by detecting patterns, trends and correlation between diverse data sets (Gour, 2019). Therefore, adopting the appropriate data visualization tools will help a project manager to understand the current situation of the hyper-competitive market, to evaluate and make decisions that are centered to the customer needs. As a project manager, I would choose the following data visualization tools to come up with the best decision for my project; 

Tableau 

The tool allows for the creation of visually appealing dashboards which can be customized to support some specific metrics. It is a user-friendly tool with the ‘show me’, ‘explain data’ and ‘ask data’ characteristics to recommend visualization types to users, explain specific data points, make queries in natural language and support automated response in the form of data visualization. Further, the tool allows for the showcasing of important geographical data in a way that is easier to digest than a chart or a table. The key pros of Tableau are the availability of different data import options, and strong mapping capability. However, the software is expensive to use and customize data. 

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

Charts and Graphs 

A chart is a tool that visually presents data in a tabular, easy to scan and understandable way. A graph displays data as a series of coordinates that are shown on axes, where each value within the coordinate have a mathematical or time-based relationship with another/other value(s). The use of charts and graphs is essential for project management as it allows for comparison of values between different datasets, therefore revealing key differences, trends and gaps. They also determine composition and distribution of data. 

Reference 

Gour, R. (2019). Top 5 BI Tools Widely used for Data Visualization. 

https://towardsdatascience.com/top-5-bi-tools-that-you-must-use-for-data-visualization-7ccc2a852bd3 

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 14). Data Visualization Tools for Organizational Decision-Making.
https://studybounty.com/data-visualization-tools-for-organizational-decision-making-critical-thinking

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

How AI Can Help Retailers Solve Business Problems

The global marketplace is currently more integrated than ever before. This situation presents a never-before experienced opportunity for retailers. Multinational organizations whose sole basis is the internet have...

Words: 2700

Pages: 5

Views: 138

The Natural Organizational Model and the Informal Groups

The nature of an organization is based on different factors such as the environment it is set up in. also, the type of activity it undertakes. This paper will examine the natural organizational model, the informal...

Words: 3009

Pages: 10

Views: 240

Why Pinkberry should focus on making orange and yellow the two prevailing colours

The fact that Pinkberry has evolved from a storefront to a nationally recognized brand makes this franchise of frozen dessert yogurt shops an example to be followed. Yes, the personality of a brand created a platform...

Words: 582

Pages: 2

Views: 94

Ford Motors: Board Presentation For Electric and Hybrid cars Production

Executive Summary The motor vehicle industry in America and worldwide is highly competitive with major players no longer enjoying the dominance that they had had before. Innovation and identification of trends...

Words: 1088

Pages: 4

Views: 130

Home Remodel Project Plan

Project Overview Home remodeling is one of the notable key projects undertake through project management, as a project manager is expected to come up with a clear plan that would help in meeting the expected...

Words: 2152

Pages: 8

Views: 69

How Airbnb Achieved Success

Hospitality industry includes firms that provide lodging and dining services for customers. Many of the businesses in the travel and hospitality industry offer customers with prepared meals, accommodation, snacks,...

Words: 906

Pages: 3

Views: 63

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration