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How to calculate the project's Excellence

"Excellence'"is a balanced scorecard statistic summarising financial, human, production performance and social impact. It connects money spent, time spent, goods and services delivered and stakeholders satisfied.
The foundation is a formula: X = E4, where X is Excellence and 4 E's are multiplied by each other, being
E1 Economy E2 Efficiency E3 Effectiveness and E4 Cost|Benefit Equity{

The numbers you need
  Source KPI KPA Unit Target Actual
1 Budget Payments Finance Money $  
2 Workplan Performance Human Resources Time T  
3 Delivery Schedule Products Production Delivery #  
4 Proposal Payoffs Strategy Change %

 

 

 

 

 

The results you get
  Source Actual Target Measure A/T
1 $ - Budget 995,000 1000,000 Economy 99.5 23.88
2 T - Workplan 200 250 Efficiency 80
3 # - Delivery Schedule 3000 5000 Effectiveness 60
4 % - Proposal 5 10 Equity{ 50

{E

 

 

 

 

Calculate Excellence for your own project }

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