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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. By looking at performance from these different lenses, a business or organization can put its strategy in context.

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Benefits Of The Strategy Canvas Tool For Strategic PM’s

The Strategic Project Manager

This post explains what the Strategy Canvas tool is, and how to create a basic Strategy Canvas. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool? The Strategy Canvas tool is a management tool introduced by W.

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Value Innovation Strategy For Strategic Project Managers

The Strategic Project Manager

It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy. What Is a Value Innovation Strategy? “Value innovation” is a concept introduced by W.

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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

Note: This article was put together before the PMBOK® Guide – 7 th edition was published so the information in it is drawn from publicly available information about what is going to be in the book. Strategy artifacts. The first category is documentation that relates to strategy and project initiation. Logs and registers.

Logistics 509
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Project Artifacts and How to Use Them

Rebel’s Guide to PM

Here’s the list: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Strategy artifacts The first category is documentation that relates to strategy and project initiation.

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Operational Efficiency: A Quick Guide

ProjectManager.com

There are different strategies to achieve operational efficiency. However a company chooses to move forward with its operational efficiency strategy, it often requires less input for the same output, more output for the same input, changing the number of outputs or increasing outputs and inputs. Share Information with Employees.

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The 5 Phases of Project Management Process and Techniques

NimbleWork

Project management is a multifaceted discipline that combines techniques, processes, and strategies to plan, execute, monitor, and control projects effectively. This involves coordinating resources, communicating with stakeholders, and managing project performance to ensure that deliverables are produced according to specifications.

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