Balanced Scorecard

Balanced Scorecard: Aligning Strategy and Execution

Too often, project managers and stakeholders lack visibility into how their projects fit into the business’ grand vision. Think how wonderfully your projects would run if everyone from the C-suite to the individual contributor understood how to maintain focus on business goals.  In many corporate settings, this requires one or more people continually watching projects to ensure that they stay focused on corporate goals. This is feasible for a few small companies with only a few projects, but for larger companies, it can become quite burdensome.  The greater the project team’s knowledge and understanding of the goals and strategy, the more likely the project will stay focused on the goals, reducing implementation time, and delivering results that are more value-focused.  The balanced scorecard is one of the most common tools that organizations use to maintain a focus on meeting their objectives. This course uses your corporate data to help executives, directors, PMO managers, project managers, and their project teams understand why and how a strategy is defined, the use of activity and strategy maps, and how they apply to the organization’s projects.

Learning Objectives

• Creating and using activity maps
• Building and using strategy maps
• Implementing appropriate levels of governance
• Designing effective scorecards and metrics
• Implementing balanced scorecard
• Creating a culture of accountability

Course Format

This course is broken out into six sessions.  Each session includes one hour with a mentor.