A
"balanced" set of measures is one which includes metrics which
represent several perspectives. An unbalanced set of measures might be
one where all measures are revenue-related, overlooking internal development
or customer service imperatives.
Another guideline to use when identifying what metrics to include in your
Balanced Scorecards is practicality. Selecting too many measures, or
measures for which performance cannot be reliably determined each period, can
lead to incomplete results. You need to build a set of measures you can
work with for the long run.
PM-Express handles your measures as you define them to match the real
world, including financial amounts, raw numbers, percentages, and simple
Yes/No indicators. Each metric holds Planned, Current, and historical
performance values.