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

ProjectManager.com

Relatively new, the balance scorecard was introduced in 1992 by David Norton and Robert Kaplan, by taking existing metric performance measures and adapting them to include nonfinancial information. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth.

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A Strategic PM’s Guide to the Satir Model for Change

The Strategic Project Manager

This post examines what the Satir Change Model is, how it is an important consideration for strategy, and how project managers can leverage it to provide leadership. Productivity and Performance should be improved from the Late Status Quo. The leadership focus now is on acceptance – rejection of denial.

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125 Project Management Buzzwords

The IIL Blog

Earned Value Management (EVM) A systematic approach to project performance measurement assessing schedule and cost performance. Kanban board A visual tool used in Agile project management to monitor and manage project work. Feasibility Study An analysis of a project’s viability.

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Benefits Of The Strategy Canvas Tool For Strategic PM’s

The Strategic Project Manager

Performance Evaluation: Use the Strategy Canvas to monitor and evaluate the effectiveness of your strategic initiatives over time. Performance Measurement: The Strategy Canvas can serve as a tool for monitoring and measuring the performance of projects, programs, and portfolios over time.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Leadership, psychological safety, and project governance define how structure, mentality, and culture impact achieving success through projects and organizational objectives. Through robust project performance monitoring, reporting, and evaluation, these systems ensure that project progress is tracked and outcomes communicated effectively.

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Crafting an Effective Operational Excellence Strategy for Business Growth

Wrike

These components include: Leadership Commitment An operational excellence strategy requires strong leadership commitment. What’s more, leadership commitment is essential for creating a culture of continuous improvement. Top management must not only endorse the strategy but also actively champion it.

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Mastering the Performance Matrix for Improved Employee Evaluation

Wrike

Within the Performance Matrix, businesses can include assessments and evaluations of various skills and competencies relevant to different roles and functions. This can range from technical skills, such as programming or design proficiency, to soft skills like communication and leadership abilities.