Question: 4.1 Organizations need effective measurement frameworks to manage IT performance and communicate value to stakeholders. Two commonly used tools for this purpose are the Balanced

4.1 Organizations need effective measurement frameworks to manage IT performance and communicate value to stakeholders. Two commonly used tools for this purpose are the Balanced Scorecard and IT Dashboards. Critically evaluate the complementary roles of Balanced Scorecards and IT Dashboards in IT management. (\(\mathbf{25}\) Marks)- Explain the four perspectives of the Balanced Scorecard and discuss how this framework has been adapted for IT departments.- Compare and contrast scorecards and dashboards regarding their purpose, timeframe, and typical usage within IT departments.- Identify and explain the four types of IT dashboards, providing specific examples of metrics that might be tracked in each.- Discuss how color-coded visualization systems enhance management decision-making, with reference to specific benefits for senior IT leadership.

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