What part does a balanced scorecard play in optimizing return on investment?
What part does a balanced scorecard play in optimizing return on investment?
Information Technology Project Management
9th Edition
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Kathy Schwalbe
Chapter7: Project Cost Management
Section: Chapter Questions
Problem 4QQ
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What part does a balanced scorecard play in optimizing return on investment?
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Definitions:
The Balanced Scorecard is a business system that is used for monitoring and dealing with the procedures of an organisation.
It forces managers to keep an eye on how their staff members carry out the duties they have assigned to them, as well as the outcomes of the work they do.
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