Developing a Balanced Scorecard for Projects

Balanced Scorecard
Knowledge Center


Hoving, Netherlands

Developing a Balanced Scorecard for Projects

When managing projects, can a BSC add value to that? Is it possible to get more transparency in the process of projects when using a BSC? Some new research has proved that projects can be managed/controlled by a BSC. Do you agree that a BSC can be a perfect tool to control projects, and in the end, measure the success of a project?


Management Consultant, Qatar

BSC - in Projects

Yes I think, it will give you multiple benefits:
- During the planning phase, you will set objectives in all perspectives & identify the measures/ targets / initiatives.
- Throughout the project you will monitor the progress along the set objectives (targets).
- At the end you will see that, you have achieved / improved in many areas. Basically, this will support your commitment to continual improvement.
Good luck

Kartik Patel
CEO, India

Project Management - BSC

Key performance requirements are: - Resource utilization - Resource efficiency - Project and reso... Sign up

Hoving, Netherlands

Reaction to BSC

Thanks for your reactions. It supports my first thoughts that a BSC can help measuring and controlli... Sign up

Tumininu Banwo
Business Consultant, Nigeria

Project Management BSC

I agree with Kartik, I think overall it puts clarity on your time perspectiveness regarding the proj... Sign up

Marcel van der Heever
Management Consultant, South Africa

Performance Management BSC

Kartik is 100% right. I have integrated a project management tool with a scorecard tool to monitor t... Sign up

Kevin B

Managing Scope Using Balanced Scorecard

I am working on putting together best practices in managing scope during the planning, controlling a... Sign up

Vildyaev Daniil
Russian Federation

BSC May Work If Applied Properly

It all depends on the scope, length of the project. BSC is a tool primarily suited for organizations... Sign up

Gaia Bassani

Balanced Scorecard OK for Projects

BSC could be a useful tool to monitor one project or also to monitor many projects in connection. Yo... Sign up

Paul Maguire
Business Consultant, United States

Balanced Scorecard OK for Projects

Iíve read with great interest the comments above regarding the usefulness, complexity, elements etc.... Sign up

Gary Wong
Consultant, Canada

Project Scoreboard Better then Scorecard

Projects are all about execution. People need to know if they are winning or losing at the end of ea... Sign up

Ahmad Sultan Abdulla
Consultant, Malaysia

Project Management - BSC

I agree with @Kartik that the BSC could be used to monitor projects based on the 4 items he has list... Sign up


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