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Excavation Inc. begins digging a foundation for Financial Investment Company under a contract for a certain price. After six months, Excavation demands a higher price because of extraordinary difficulties that were totally unforeseen at the time the contract was formed. An agreement to pay the higher price is
Measure Map
A tool or process used for defining and tracking the key performance indicators (KPIs) or metrics that are critical to the evaluation of success within an organization or process.
Strategy Map
A visual tool that illustrates a company's strategic objectives and the causal relationships between different elements of its strategy.
Balanced Scorecard
A strategic planning and management system used by organizations to align business activities with the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.
BSC Performance Perspectives
Four dimensions used in the Balanced Scorecard framework for strategic management, including financial, customer, internal processes, and learning and growth perspectives.
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