A project team is measured each quarter on KPIs, such as burn rate, earned value, and delivery time. Which of the following can be used to display this information?

The correct answer is C. Balanced scorecard. A Balanced Scorecard is a strategic performance management framework specifically designed to display and track KPIs across multiple dimensions - financial metrics (burn rate), performance metrics (earned value), and operational metrics (delivery time). It translates…

Tools and documentation

Question

Options

AProject charter
BGovernance plan
CBalanced scorecard
DWork Breakdown Structure

How the community answered

(46 responses)

A
7% (3)
B
2% (1)
C
89% (41)
D
2% (1)

Explanation

A Balanced Scorecard is a strategic performance management framework specifically designed to display and track KPIs across multiple dimensions - financial metrics (burn rate), performance metrics (earned value), and operational metrics (delivery time). It translates organizational goals into measurable indicators, making it the ideal tool for quarterly KPI reporting. A project charter (A) is an authorization document, a governance plan (B) defines decision-making processes, and a WBS (D) decomposes project deliverables - none are designed to display ongoing KPI data.

Topics

#balanced scorecard#KPIs#earned value#burn rate

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