To calculate the index for each measure, Metrics Management compares a base series to a comparison series. Three default series, Actual, Budget, and Previous Year, exist in Metrics Management. Actual and Budget are linked to default comparatives Actual and Budget. Previous Year is linked to default relative period Previous Year. To meet organizational requirements, edit or remove these default series.

Typically, you compare data for the current year to an internal or external comparative. Optionally, compare current performance to performance in prior time periods.