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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

Coming up with long-term goals for a business or organization is just the beginning of a five-year project. The balanced scorecard is also a means to measure and provide feedback to businesses and organizations. It’s a common management tool worldwide, used across industries, including government and nonprofit organizations.

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Cost Performance Index (CPI) In Project Management

ProjectManager.com

Projects cost money. But what’s harder to discern is if the project is worth the investment. The last thing stakeholders want is to discover the project isn’t financially effective. The cost performance index is a way to measure the financial performance of a project. Project costs can vary.

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Top Project Metrics You Need to Track

ProjectManager.com

To ensure that your project is meeting scheduling and budget milestones, you need to have project metrics to measure your progress and performance. Project metrics are essential to delivering a project on time and within its budget. But what are project metrics? Why are they so important to a project?

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How to Create a Strategy Map for Your Organization

ProjectManager.com

A strategy map is a simple graphic that illustrates the logical, cause-and-effect relationships between an organization’s strategic objectives. The strategic goals will be communicated several ways, such as documentation and meetings, but often the most effective tool is the visual strategic map. What Is a Strategy Map?

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Order Processing: Steps, Example & Software

ProjectManager.com

Effective ordering processing can improve a company’s service and help them be more competitive in the marketplace. Project management software can make order processing more efficient and achieve those advantages. Get your free Sales Order Template Use this free Sales Order Template for Excel to manage your projects better.

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10 Essential KPI Metrics for Teams

ProjectManager.com

If you’re looking for ways to increase productivity in your project (and who isn’t?), then you’ll need to know how to effectively measure your progress. Tracking these key performance indicators (KPI) will help keep the team productive and the project on track. What Makes a KPI Effective? Project schedule.

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Continuous Improvement: A Quick Guide

ProjectManager.com

When it comes to streamlining work and reducing waste in an organization, the continuous improvement business strategy is lauded for its effectiveness. Project management software can help you plan for continuous improvement in your projects. But what is it and how can it be applied to your business? Good questions. Learn more.