Reference no: EM133014957
Question: The Balanced Scorecard is a control tool created in the early 1990s and aimed at aligning an organization's performance with its strategic objectives. This tool, widely used in business, government and non-profit organizations, provides an overall view of performance through four main aspects: finance, innovation and learning, internal business, and customers. Likewise, the Balanced Scorecard is used as a method of controlling project performance.
For this paper, you will apply a Balanced Scorecard approach to the project plan developed during the Group Activity. (Please find attached Group Activity). Using the four perspectives outlined in the article "Align project management with organizational strategy" apply each perspective the project that was outlined in your group's project plan. You should also download this balanced scorecard for a visual example: Regional Airline Balanced Scorecard (Download the pdf. Please find attached Regional_Airline).
- Based on the overall goals of the organization (you are free to make some assumptions given the information you have), as well as those of the project, identify some specific objectives for each of the categories of the Balanced Scorecard (Employee Growth and Learning, Internal Processes, Customer Satisfaction, and Financial.)
- Which are the relationships among the specific objectives of the project identified? (See the Regional Airline Balanced Scorecard Simplified Strategy Map)
- Identify the specific performance measures for each area that will illustrate the success of the project
- What are the targets for these performance measures-how will you know when the performance measures have been reached?
- Which specific initiatives and actions, by the organization, will contribute to the attainment of the targets?
Again, assumptions are allowed just be sure to articulate them in the paper.
Submit at least a 3- page paper (independent of the title page and reference page) double-spaced in Times New Roman (or its equivalent) font which is no greater than 12 points in size. Any citations should be in APA format.
Compute the net present value of the future cash flows
: The vehicle's salvage value equals 10 percent of the purchase price; -Compute the net present value of the future cash flows from Queenly
|
Prepare an acquisition analysis as at date of acquisition
: For the year ended 30 June 2021, Purple Ltd recorded a profit of $32,000 and paid a dividend of $10,000. Prepare acquisition analysis as at date of acquisition
|
In how many years is the received
: If the future receipt is discounted at an interest rate of 9%, its present value is $341272. In how many years is the $680000 received
|
What is the purchase price of the bond
: On January 1, 2020, Flint Corporation purchased a $1,160,000 bond issued by ALN Ltd. What is the purchase price of the bond
|
What are the targets for these performance measures
: Identify the specific performance measures for each area that will illustrate the success of the project
|
What the slater annual leave payable must be adjusted
: Slater is given a pay rise to bring his salary up to $300,000 per annum. After the pay rise, what the Slater's annual leave payable must be adjusted
|
Prepare the journal entry to record the purchase by Pita
: Assume Pita Manufacturing purchased the entire issue in a private placement of the bonds. Using the data in requirement 1, prepare the journal entry
|
How much less will be than other monthly mortgage payment
: Which mortgage will give you the lowest monthly payment? What will that payment be? How much less will this be than the other monthly mortgage payment
|
What is the amount of the owners equity
: Account receivables E 40,000; Account payables E 20,000; Equipment E 80,000; Share capital E 80,000; What is the amount of the owners equity
|