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Developing a Balanced Scorecard for Projects
Hoving
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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BSC - in Projects
Rafiudeen, Management Consultant, Qatar, Member 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
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