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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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Maximizing Business Success: The Power of Effective Marketing Operations Strategies

UPQODE

Source: Unsplash Marketing operations professionals are responsible for managing the processes, systems, and technologies that support marketing initiatives, such as project management, budgeting, data analysis, campaign execution, and performance measurement.

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Introduction to Earned Value Formulas

MPUG

You can get this number from your finance analyst, budget spreadsheet, or report. Budget at Completion (BAC) Budget at completion (BAC) is exactly what it sounds like: the budget forecast. If not, use the number that was given to you at the start of the project which is your budget allocation for the whole project.

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Running a Successful Creative Agency: The Accountant

Function Point

In addition to processing payments to vendors and comparing actual expenses to budgeted costs, the accountant is responsible for investigating and resolving any errors posted to the General Ledger, as well as reconciling accounts each month.The bottom line is that the accountant manages the agency’s money.

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Beyond just time, buffers can cover finances, manpower, and more. When buffers are made visible, trust is crucial; without it, their presence can reinforce negative stereotypes, painting them as budget inflators rather than strategic tools. This chapter digs deeper into a powerful tool for mitigating their impact: buffers.

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Fallacy of the Week

Herding Cats

Have sufficient Contingent Budget and Management Reserve to cover the cost variances from the naturally occurring cost behaviors, event-based impacts on cost, or cover things that go wrong with the Risk Cost coverage. Have sufficient Technical Performance Measures margin to cover the required performance measure of the Capabilities.

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Project Versus Product in Agile Development

Herding Cats

If the development work has no deadline , no not to exceed budget, no Minimal Viable Capabilities in the sense of MVP's meaning without these CapaCapabilitieslemented by there Features we cannot Go Live on the needed date for the needed budget, then the phrases in the quote may be applicable.

Agile 44