Project Performance Management Scorecard

The Adjusted Balanced Scorecard is based on the balanced scorecard develop by Robert Kaplan and David Norton. It is used to enhance a project effectiveness from a project performance view It use four key points:

• Financial
• Stakeholders
• Internal Business
• Learning and Growth

Theory

Balanced Scorecard

The idea of developing the tool came from that according to Robert Kaplan and David Norton it is impossible to measure efficiency with a narrow number of indicators. At the same time a company shouldn't have a large number and complex indicators it will lead to a lack of overview and giving a high possibility that the will not be used.

It will also help the company avoid a to short sighted perspective. it is able to give companies a robust measurement and management system. With 3 elements that have a measurable indicators: Financial, Customer and Internal business, and at the same time a more soft type of indicators in the ability to learn and Growth.