Cost Management Balanced Scorecard Metrics

For most business organizations, wages and salaries are the largest operating cost. The measure of the labor cost that is widely used is the Employment Cost Index (ECI). The ECI is a quarterly economic series detailing the changes in the costs of labor for businesses in the US economy. It helps identify the changes and trends in compensation costs to employers over the certain period of time. The ECI reflects the complete labor cost structure, including the wages, salaries, and benefits. Because it includes the costs of benefits in addition to wages and salaries, it provides a comprehensive view of an essential part of the business operating costs.

• Download trial version of Cost Management Performance Indicators. Cost Management Evaluation Balanced Scorecard is distributed as an Excel file. Before purchase you can download a trial version of the scorecard. Cost Management Evaluation Balanced Scorecard Excel file contains a dashboard (see screenshots below), help information section, Balanced Scorecard details.
• Purchase full version of Cost Management Performance Indicators. Immediately after your order will be processed you will have a link to download Balanced Scorecard Excel file and file in Balanced Scorecard Designer format.
• Check Balanced Scorecard Toolkit for scorecard designing instructions.

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• Balanced Scorecard toolkit. Is a whitepaper where you will learn more about mathematics that stands behind Balanced Scorecard, you will learn basic ideas that will help to design your own scorecard, develop and implement KPI in your business processes.
• Balanced Scorecard fact sheet. The collection of business facts and statistics on Balanced Scorecard.
• Scorecard Design Software. This metric was designed with Balanced Scorecard Designer. This is a great tool for scorecards or KPI building, performance measurement and information sharing.

How to measure Management performance with Cost Management Scorecard for Excel

We have designed Cost Management Balanced Scorecard in MS Excel, so now you can measure and control your performance using this popular business tool. Download trial version right now.

Why do I need these metrics?

MS Excel files that we distribute are a spreadsheets packed with metrics information and the performance calculation formulas.

It's a real-business information. We invested in research that involved experts from Management Estimation industry who elaborated and shared certain metrics. It's valuable, real-life experience which will help to improve the performance of your business.

• I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.

• To get a basic idea about what metrics to use. We learned a lot of business metrics and packed scorecard with the most successful.

• To have a sample excel file, which is easy to modify to fit your needs. All Excel formulas are available for copy and change.

• To start with measuring business performance. It's important to start with correct metrics, then you will be able to fulfill scorecard.

Cost Management Evaluation Balanced Scorecard Screenshots

Metrics for Management Evaluation. This is the actual scorecard with Cost Management Performance Indicators and performance indicators. The performance indicators include: cost management,labor cost,avg. monthly labor cost,hours per year,number of project staff,equipment cost,new equipment cost,downtime cost,project time,time spent on specification,time spent on project design,time spent on testing,quality metrics,number of defects,cost of defect,hours per defect,actual vs planned,total cost,product cost,cost per unit,units per hour . Right now you can download trial version of Cost Management Performance Indicators or purchase full version of this Balanced Scorecard.

Some Balanced Scorecard help information that explains how to interpret scorecard. What scores and weights can be changed.

Download or purchase Cost Management Evaluation Balanced Scorecard