Developing a Balanced Scorecard for Projects

Balanced Scorecard
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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 util (...)


Reaction to BSC

Thanks for your reactions. It supports my first th (...)

  Tumininu Banwo
Business Consultant, Nigeria

Project Management BSC

I agree with Kartik, I think overall it puts clari (...)

  Marcel van der Heever
Management Consultant, South Africa

Performance Management BSC

Kartik is 100% right. I have integrated a project (...)

  Kevin B

Managing Scope Using Balanced Scorecard

I am working on putting together best practices in (...)

  Vildyaev Daniil
Russian Federation

BSC May Work If Applied Properly

It all depends on the scope, length of the project (...)

  Gaia Bassani

Balanced Scorecard OK for Projects

BSC could be a useful tool to monitor one project (...)

  Paul Maguire
Business Consultant, United States

Balanced Scorecard OK for Projects

Iíve read with great interest the comments above r (...)

  Gary Wong
Consultant, Canada

Project Scoreboard Better then Scorecard

Projects are all about execution. People need to k (...)

  Ahmad Sultan Abdulla
Consultant, Malaysia

Project Management - BSC

I agree with @Kartik that the BSC could be used to (...)

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