Balanced score card method

Success Problem

The balanced scorecard is a management method for translating an organization's strategic goals into a set of performance objectives.

Impact

Balanced score card method is advisable for the planning and monitoring of project benefits.

Recommendation

Balanced score card method is a multicriterial project prioritization connected with the organization strategy. It is more complex as the monocriterial prioritiza-tion insomuch it makes provision besides the financial point of view also for the client and for the organizational learning.

Category

• Organization & Structures & Processes