Driving Business Performance by Maximizing Your Scorecard Effectiveness with More Meaningful Metrics
Posted by EdmontonPMAug 9
Live Webinar – August 15th, 2013 1:00 pm – 1:30 pm EDT
Duration: 30 Minutes Credits: 0.50 PDU Category C – Free PDU
Presented by: Competitive Solutions Inc.
How do you build your scorecard?
In order to track overall business performance, most organizations have some form of business scorecard or balanced scorecard in place.
Whether using a simple spread sheet or a comprehensive scorecard software technology, scorecards are driven by the development and leveraging of specific, tactical measures commonly known as metrics.
When done correctly, metrics allow leaders to know both the expected results (goals), the actual results (outcomes) and give leaders an opportunity to focus future efforts on continually improving performance.
Although using metrics is common, what is not common to most organizations is the implementation of a continuous improvement and an auditing process to ensure that the scorecards have the right kind of metrics.
The first step in improving your scorecards is to have the ability to identify and eliminate the metrics that you simply don’t need.
3 Kinds of Business Metrics:
- The Meaningful
- The Nice-to-Know
- The Stuff filling up my screen
Join this webinar to learn some great tips on how to develop effective scorecards.
PDU Category C (PMBOK 5) documentation details:
Process Groups: Executing
Knowledge Areas: 9 – Human Resources 10 – Communications
- 9.4 Manage Project Team
- 10.2 Plan Communications
- 10.3 Distribute Information
- 10.4 Manage Stakeholder Expectations
- 10.5 Report Performance
As a Category C ‘Self Directed Learning Activity’ remember to document your learning experience and its relationship to project management for your ‘PDU Audit Trail Folder’
Click to register for Driving Business Performance by Maximizing Your Scorecard Effectiveness with More Meaningful Metrics
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