article thumbnail

Agile Finance: How Do You Make a Business Case for Transformation?

Leading Agile

Return on Investment or ROI is a performance measure used to evaluate the efficiency of an investment. Your Finance Team should know what your WACC is and should be able to provide that to you. For both of these financial metrics, you most likely will need to work with your company’s Finance team. Payback Period.

Finance 84
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Think top-down and bottom-up for agile transformations

Kiron Bondale

This is critical with agile transformations for a number of reasons: Delivery teams don’t work in isolation and hence buy-in to change how things are done will be needed from all supporting areas including human resources, finance and procurement. Without changing existing portfolio intake practices and performance measures (e.g.

Agile 292
article thumbnail

Operational Efficiency: A Quick Guide

ProjectManager.com

Regardless of the production, finance, administration, sales, etc., you want to always be measuring performance. But any type of performance measurement is going to go a long way in helping you achieve operational efficiency. If you can do this automatically and in real time, the better.

article thumbnail

The Functions of a Project Management Office

Project Pulse Journal

Controlling PMO Industry Application - A controlling PMO is common in regulated industries like pharmaceuticals, healthcare, and finance. It includes monitoring the progress of projects in the portfolio, ensuring they deliver the expected benefits, and making necessary adjustments to the portfolio based on performance and strategic changes.

PMO 52
article thumbnail

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. How Do Marketing Operations And B2B Attribution Relate to Each Other?

article thumbnail

Introduction to Earned Value Formulas

MPUG

You can get this number from your finance analyst, budget spreadsheet, or report. Now we’ve looked at some cost performance measures, let’s look at a few more specifically aimed at managing schedule performance. Actual Cost Actual cost (abbreviated as AC) is simply the total amount spent on the project so far.

Budget 40