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"...This is an excellent program. I'm so glad that I stumbled on to this when researching for task management programs. Very low learning curv, quite flexible, and the price is right. Tried at least 20 other programs, either too complicated, too expensive, or poor documentation..."
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Honolulu, HI

Project Scorecard Checklist

 

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Project Scorecard Checklist In this Project Scorecard Checklist you can read about essential steps for creating project scorecards. The checklist is designed for project managers and other personnel involved in planning and evaluating projects. It is best used with VIP Organizer software.


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  1. Assess the Project.
    • Define goals and objectives of your project
    • Identify your organization’s business needs and mission
    • Be sure that the project’s goals and objectives are aligned with the business needs and mission
    • Identify the project’s environment (challenges, enablers and values)
    • Assess the organization’s capacity against the environment to be sure it has all necessary resources to do the project
    • Prepare a change management plan and assess it for effectiveness
    • Carry out a focused meeting to identify and agree on success criteria for your project
    • Assess the project’s feasibility and cost-effectiveness
    • Develop a report that proves the project is worthwhile (feasible and cost-effective) 
  2. Make a Strategy.
    • Identify strategic results your organization wishes to receive upon project completion
    • Identify project deliverables (tangible and intangible results)
    • Be sure that deliverables are aligned with strategic results
    • Define benefits of your project
    • Find out whether project benefits provide value to your organization
    • Develop and agree on strategic themes or plans for implementing your project
    • Identify perspectives through developing forecasts and projections
    • Make a single implementation strategy that explains how to make your project successful 
  3. Develop a Strategic Map.
    • Perform cause-effect analysis to identify linkages between the enterprise-wide strategic objectives and project goals
    • Merge the implementation strategy with your project plan
    • Develop a strategic map which shows how the project creates value to stakeholders and customers
    • Place project metrics (see below) on the map for measuring the project by various parameters 
  4. Define Project Metrics (Examples).
    • Cost metrics: Budget Compliance, Cost Variance, Targeted Costs, Actual vs. Estimated
    • Scope metrics: Scope Change, Scope Forecast, Scope Baseline
    • Time metrics: Activity Duration, Milestones, Schedule Effectiveness, Schedule Resource Loading, Delays
    • Risk metrics: Compliance with Risk Register, Risk Responsiveness, New Risks, Risk Planning
    • Issue Metrics: Impact to Baseline, Issues Unsolved, Urgent Issue
    • Deliverables Quality metrics: Defects, Forecasted vs. Actual, Standards Adherence, Rework
    • Opportunity metrics: Cost-Saving, Labor-Saving, Teamwork, Communications
    • Success metrics: Deliverables Accepted, Completion, Goals Achieved, Value Delivered 
  5. Build a Scorecard.
    • Make a table with multiple rows and columns.
    • Add the following headers to columns: Objective, Metric, Priority, Initiative, Data Owner, Score
    • Add the following titles to rows: Finance, Customer, Process, Training, Growth
    • Fill up all empty columns and rows with data about your project
    • Check and revise data before submitting your ...


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