**4.4 Strengths and weaknesses of the model**

The strength of a balanced scorecard is that it provides the opportunity for putting all the operations of a business into consideration. It also accounts for the impacts of different components on each other rather than examining the manner in which

**Figure 2.**

*Balanced scorecard for the implementation of PAAs [7].*

*Enhancing Program Management with Predictive Analytics Algorithms (PAAs) DOI: http://dx.doi.org/10.5772/intechopen.98758*

a particular component operates or achieves its intended goals [8]. When a BSC has been integrated into the functions of an organization, it can be used as a tool for monitoring the achievement of goals and objectives.

The disadvantage of a BSC is that it focuses on the impacts in general, which neglects the performance of an individual or a particular process within a set of processes. There is the possibility of perverting a scorecard by using it as a tool for monitoring employees rather than the performance of a business [9]. It also takes into account a large number of variables to constitute a practicable scorecard, making it challenging to manage.

In Louisiana University College (LCU) of Engineering, a ClearPoint Strategic balanced scorecard software is used to align the activities such as enrollment, assessment of students, and improvement of the infrastructure of the department according to its vision, mission, and goals. The outcomes of the balanced scorecard enabled members of the institution to understand their performances in relation to the target outcomes that need to be achieved [10]. Due to this strategic plan, there has been increased enrollment in the college and it is considered to be the fifth fastest growing college of engineering in the U.S.
