BSCPMS (Balanced Scorecard Perfomance Management System)

Any organisation would surely have their own set of goals and objectives that they want
to achieve. However, more often than not, they would not be able to achieve the goals
because activities done within the organisation is not inline with their own goal. Another
reason behind this failure is there is no proper reporting technique of recording activities
done within the organisation. Realising this problem, the author suggest a computer
system as the solution that would make used the concept of Balanced Scorecard theory
and Reports &Reporting concept. Balance Scorecard is an approach to strategic
management that combines measurement and monitoring offinancial and non-financial
aspects in organization. This approach is developed by Drs. Robert Kaplan (Harvard
Business School) and David P. Norton in early 1990s. In this project, the author has
developed computer software, Balanced Scorecard Performance Management System
(BSCPMS) as the final product of this project. This report is prepared to present the
overall status and progress of Final Year Project (Part II). This report would be focused
on me concept of Balanced Scorecard and how the implementation of the concept can be
done with computer software assistant. It includes the details on activities done during
the project, system architecture and further discussion about the software.