Project Management

5 Non-Financial Benefits for Your Business Case

From the The Money Files Blog
by
A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. Written by Elizabeth Harrin from GirlsGuideToPM.com.

About this Blog

RSS

Recent Posts

7 Summer Sustainability Suggestions for Supplier Management

9 Financial Management Tasks for Program Managers

How to Track Program Financial Metrics

3 More Skill Areas to Support Your Team With

The Psychology of Estimating


Categories: business case


When your project is making a tangible financial contribution to the company’s profit or revenue, then putting your business case together is pretty easy. If the financial case stands up, many execs will put a tick in the box. But when you can’t demonstrate that there are financial reasons to do your project, should you put the business case in the bin?

No, of course not. There are lots of non-financial reasons to invest money in a project. And some of them might even pay back in cash! It’s just that measuring them and attributing the benefit specifically to your project could be difficult to do.

Here are 5 common non-financial benefits that you could consider adding into your business case, even if there are plenty of cash benefits too.

non-financial benefits for your business case infographic

There’s more information about the concepts of non-financial benefits in this article.

Posted on: October 22, 2019 08:59 AM | Permalink

Comments (3)

Please login or join to subscribe to this item
Dear Elizabeth
Very interesting how you link a video, a reflection on the 5 non-financial project benefits and now the use of images.
Thanks for sharing and congratulations

Interesting reflection!....Thanku

Please Login/Register to leave a comment.

ADVERTISEMENTS

"It is better to have a permanent income than to be fascinating."

- Oscar Wilde

ADVERTISEMENT

Sponsors