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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. Kaplan is a senior fellow and the Marvin Bower Professor of Leadership Development emeritus at Harvard Business School.

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Helping functional managers through an agile transformation

Kiron Bondale

As Tony Robbins would say, “ Where focus goes, energy flows “ If we haven’t updated performance measures for functional managers and their staff, it will be much harder to encourage them to change. Metrics aren’t the sole driver of behavior but they do draw a lot of focus.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Imagine navigating project risks confidently with efficient resource utilization, managing projects for maximum efficiency, and promoting a culture of transparency and accountability within your project team and organization. However, it's not merely about mitigating risks; it's about transforming them into opportunities for value creation.

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Are your project team members “quiet quitting”?

Kiron Bondale

When we are considering operational work, quiet quitting is putting in the least effort to perform the standard responsibilities of one’s role such that required performance measurements are met. But what does this look like for team members working on projects?

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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. RAID (Risks, Assumptions, Issues, Dependencies) Log A document that tracks and manages project risks, assumptions, issues, and dependencies. a project).

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Benefits Of The Strategy Canvas Tool For Strategic PM’s

The Strategic Project Manager

Performance Measurement: The Strategy Canvas can serve as a tool for monitoring and measuring the performance of projects, programs, and portfolios over time. Risk Management: Identifying and managing risks is a critical aspect of project, program, and portfolio management.

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Does your organization truly support project management?

Kiron Bondale

Objectives and performance measures for these staff should include a healthy balance between operational and project success metrics. The prompt communication & escalation of issues and risks is encouraged and identified issue or risk owners are encouraged to respond in a timely manner.

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