Developing a Balanced Scorecard for Projects




Balanced Scorecard
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15
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?
 

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0
Rafiudeen
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

 
2
Kartik Patel
CEO, India
 

Project Management - BSC

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

 
1
Hoving, Netherlands
 

Reaction to BSC

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

 
0
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

 
1
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

 
0
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

 
2
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

 
2
Gaia Bassani
Italy
 

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

 
2
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

 
3
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

 
1
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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