Project Management Balanced Scorecard Metrics Template

Project Management measurement KPI - Balanced Scorecard metrics template example

The Balanced Scorecard (BSC) dashboard indicates performance within each perspective and the total performance of Management.

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Although the calculation of these indicators present no problems as the data for their calculation is usually available in-house, a special consideration should be given to other projects and ordinary operations that are undertaken by the organization alongside with the project subject to evaluation. It particularly concerns the indicators with financial and customer perspective as they indicate the overall performance of the organization and a lot of factors including external ones may affect them. In respect to the indicators with internal and growth and development perspective, they are useful while evaluating a separate project as well as while making comparison between the projects undertaken by the organization to measure the company's growing expertise in project management.

Notice from developers: the version of web-based KPI system is in development now.

There are more types of strategy map supported - including snowflake, vertical and horizontal trees

Project Management measurement - Strategy Map

Cyclical Strategy Map:

Classical Strategy Map:

Check overview scorecard report sample.

Check html scorecard report sample.

Check metrics (diamond) report sample.

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Project Management Metrics in Excel:

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

More ideas on using Project Management KPI:

Managing a project spans all activities right from the conceptualizing stage to reaching the very end of it. Looking at the fact that there can be numerous areas that require monitoring, implementation of a measurable management strategy is a must. This makes it possible to make decisions and moves in a ‘calculative manner’, when it comes to ‘administration of a project’.

Saying it the other way round, one is supposed to organize the various aspects involved during project management by using a measurement instrument. BSC (Balanced Scorecard) can be the missing piece in this puzzle of tracking and monitoring.

This thought was devised in 1990s by Norton and Kaplan who went ahead to give a complete evaluation procedure to the then ‘incomplete and biased’ strategy. This was by bringing in the ‘non-financial’ aspect also as depending solely on ‘financial part’ was found incapable of reflecting the true picture.

This tool can be used to analyze the progress of a project or activity in ‘quantitative terms’. A similar assessment is possible in case of project management also. To make sure that management of a given assignment is carried out properly, one is required to effectively and accurately organize resources. Moreover, at times implementing effectual ‘follow-up systems’ is also needed.

Stating it in a nut-shell, precise management of a project is all about using numbers and values to get over with it in a ‘cost-effective’ and ‘timely’ manner.

More useful information for Management Evaluation:

Related metrics and KPIs for: Product Launch, Operations, Risk Metrics, Change Management, Resource Management, Communication Measurements, Time Management, Cost Management, Knowledge management, Product Knowledge Management, Intellectual Capital, Natural Disaster Management, Data Records Management, Restaurant, Cafe, Hypermarket.
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With BSC Designer user can generate strategy map for Project Management Performance Indicators. The map is a great way to visualize performance indicators and relationship between them.
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.
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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.
Can add value to Project Management Metrics? Be a partner for balanced scorecard software and info-products.

Business Intelligence (BI) for Management - measure performance with Project Management Scorecard for Excel

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

Alignment with Balanced Scorecard and KPIs is a great way to control the performance of Management.

In comparison to other business performance measure and control methods, alignment with KPI is much more easier to implement and use. Use Project Management scorecard to align business performance.

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 Evaluation 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.

Cascading Scorecards. Establish connection to scorecard located in the web or in local network

Strategy Maps in Balanced Scorecard Designer

Project Management Evaluation Balanced Scorecard Screenshots

Metrics for Management Evaluation. This is the actual scorecard with Project Management Performance Indicators and performance indicators. The performance indicators include: reduction in cost per sale (%),budget allocated to budget spent ratio (%),time allocated to time spent ratio (%),estimated labor hours to hours spent ratio (%),resource shortage,number of conflicts arisen during the project,project employee turnover (%),increase in re-purchases following the execution of the project (%).

These indicators can be converted from text into the visualized view with BSC Designer strategy map function. Right now you can download trial version of Project Management Performance Indicators or purchase full version of this Balanced Scorecard.

Some help information that explains how to interpret scorecard.

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

Download or purchase Project Management Evaluation Balanced Scorecard

Right now you can download a trial version of Project Management Evaluation Balanced Scorecard or purchase a full version online. Also, if you are interested you can subscribe to our e-course that helps a lot with Balanced Scorecard design.