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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. Anything outside of four years becomes less tangible and substantially increases the risk. Payback Period.

Finance 84
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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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Risk Management Frameworks in IT: A Comparative Analysis

Wrike

The importance of risk management in IT cannot be overstated. However, with this reliance comes the inherent risks of cyber threats, data breaches, and operational disruptions. Once the risks have been identified and assessed, organizations must develop and implement strategies to manage and mitigate them.

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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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Biases in Project Management and How to Remove Them

Herding Cats

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. These principles originate in: . Kirchler, D.

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Biases in Project Management and How to Remove Them

Herding Cats

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. Managerial Finance - the branch of finance that concerns itself with the managerial significance of finance techniques. These principles originate in: . Kirchler, D.

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Misquotes of Deming

Herding Cats

The antithesis of the rogue agilist currently populating the #NoEstimates community, spending other people's money (which I doubt takes place on anything but de minimis projects) with no consideration for the principles of managerial finance. . Technical Performance Measures. IT Risk Management. Related articles.