When managed correctly, the balanced scorecards can change the way an organization does business. Balanced scorecards keep focus on results. As a portfolio manager, you use the balanced scorecards whi

The correct answer is D. All of the options. The Balanced Scorecard (BSC) is a strategic management tool that translates organizational strategy into measurable objectives across multiple perspectives. When used in developing the Portfolio Management Plan, it simultaneously ensures alignment to organizational strategy and o

Strategic Alignment

Question

When managed correctly, the balanced scorecards can change the way an organization does business. Balanced scorecards keep focus on results. As a portfolio manager, you use the balanced scorecards while developing the Portfolio Management Plan in order to

Options

AEnsure alignment to organizational strategy and objectives
BEnsure alignment to investment risk, and dependencies
CEnsure alignment to expected return on investment (ROI)
DAll of the options

How the community answered

(37 responses)

A
3% (1)
B
3% (1)
C
5% (2)
D
89% (33)

Explanation

The Balanced Scorecard (BSC) is a strategic management tool that translates organizational strategy into measurable objectives across multiple perspectives. When used in developing the Portfolio Management Plan, it simultaneously ensures alignment to organizational strategy and objectives (A), alignment to investment risk and dependencies (B), and alignment to expected return on investment (C). Because the BSC is designed to provide a holistic, multi-perspective view of performance and alignment, all three uses apply - making D (All of the options) correct.

Topics

#Balanced Scorecard#Portfolio Management Plan#Strategic Alignment#Performance Measurement

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