Use of Balanced Scorecards

This is a research project that will require the use of the library and/or the Internet. The research project should be in the form of a term paper intended to objectively report on the considered use of Balanced Scorecards on their projects for a well-established, fictitious, medium-sized Tier 1 supplier for Ford Motor Corporation which has recently established a Project Management Office.

The paper should be no more than 5 pages in length, including references – which are required when referencing your sources of information. A minimum of 5 different sources of information (magazines, periodicals, books, etc…) must be used and referenced to support your statements.

The paper should at a minimum include the following (with clearly marked bold headers for each section below):
1. Overview of Balanced Scorecards (what is it)
2. Advantages from a business and project management perspective – why should this supplier to Ford Motor Company implement Balanced Scorecards on all of their projects?
3. Concerns/Issues from a business and project management perspective – what problems might occur if this supplier to Ford Motor Company implements Balanced Scorecards on all of their projects?
4. Your recommendation for the supplier – should they implement Balanced Scorecards? Why or why not?