Project Performance Management Scorecard
The Adjusted Balanced Scorecard[1] is based on the balanced scorecard develop by Robert Kaplan and David Norton[2]. It is used to enhance a project effectiveness from a project performance Management view.
Contents |
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 consists of fire elements:
- Financial
- Custormer
- internal business process
- Learning and Growth
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.
Adjusted Balanced Scorecard
It use four key points:
- Financial
- Stakeholders
- Internal Business
- Learning and Growth
Applications
Limitations
Annotated Bibliography
References
- ↑ [Project performance mangement using balanced scorecard(BSC) approach] http://sarasconsulting.com/downloadfiles/Manage%20project%20performance%20using%20balanced%20scorecard.pdf
- ↑ [Conceptual Foundations of the Balanced Scorecard] http://www.hbs.edu/faculty/Publication%20Files/10-074.pdf
