Balanced Scorecard Template to:Create at least 3 measurable project objectives for each quadrant of the scorecard based on your analysis.Determine targets, timelines, and metrics for each objective.Explain the following in 350-525 words on the Balanced Score Card Template:Why these objectives are appropriate for the project.Why these metrics and timelines are appropriate for your strategic plan.Note: Review your chosen organization in the Case Studies folder on the main course page in Blackboard.BackgroundStrategic objectives are a measure of attaining your vision and mission. They reflect the vision, mission, and values of the business, as well as the outcomes of the internal and external environmental analysis.Scorecard AreasDevelop at least three strategic objectives for each of the four balanced scorecard areas.Financial Objectives Measures Targets: Timeline/ MetricsIncrease market share Total Revenue Increase 5% in first yearCustomer Objectives Measures Targets: Timeline/ MetricsIncrease customer value Increase profit contribution per customer Increase 5% in first yearInternal BusinessProcess Objectives Measures Targets: Timeline/ MetricsDecrease lead times for new contract implementation Project implementation time frames Decrease time by 3% in first yearLearning and Growth Objectives Measures Targets: Timeline/ MetricsDecrease employee turnover Facilitate regular training and opportunities for development Reduce by 4% in first yearBelow, explain in 350-525 words:• why these objectives are appropriate for the project.• why these metrics and timelines are appropriate for your strategic plan.
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