Incorporating the Balanced Scorecard Methodology into Project Management Processes

This paper describes a three-phased approach to the development of a comprehensive project based performance framework. It presents and discusses in some detail a project based strategy map, a set of KPI and project initiatives. It identifies the points of interface between BSC and C/SCS and discusses the project governance issues that must be addressed by the project team. A comprehensive approach to project management such as this can enhance the chances that projects are consistently delivered on time, within budget and to the specification.

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