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"Knowing your Sponsor" - Questions about "Business Outcome"

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Markus Kopko AI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM AI Coach| PMotion.ai Hamburg, Hamburg, Germany
Hello,

i am referring to the already existing discussion here:

http://www.projectmanagement.com/discussio...roject-Sponsor-

I have to ask a bunch of questions and to have more transparency and a better overview for your participation i will divide them in several postings.

What is this about?
In short: It is about what questions to ask your sponsor as a project manger in your very first meeting to set a baseline during initiation phase.

In long: please refer to the before mentioned thread fur detailed information.

Here are the questions about "Business Outcome":

==========================================

Business Outcome

Assuming we had completed the project and it were now up and running ...

What would make the project a success for you?

What is the primary payoff you are hoping to receive?
Greater Business Efficiency?
Greater Market Share?
Improved Customer Service?
Increased Revenue?
Short/Long Term Profits?

What methods will you use to quantify your targets?
Reduced Costs?
Return On Investment (ROI?)

What is required to know that these benefits have been achieved?

What are the conditions that would force a project shut down?


=============================================

Please review them and leave your comment, correction, enhancement or addition. Any feedback is highly welcome!

And please lookout for the other sections also; thank you very much in advance.

Every participant will receive the result of this initiative if wanted.

Regards,

Markus
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Anupam India
Nov 22, 2016 4:42 AM
Replying to Markus Kopko
...
Hello Anupam,

do you want us to add this points to the question about the primary payoff?
What are the success criteria that will indicate customer satisfaction, benefits delivered?
...
1 reply by Markus Kopko
Nov 25, 2016 5:18 AM
Markus Kopko
...
Hello Anupam,

like you may have seen we have already the question "What would make the project a success for you? " in this section.
Do you expect other results as answers to your question? Should this be added or may it be redundant then?

Regards,

Markus
avatar
Markus Kopko AI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM AI Coach| PMotion.ai Hamburg, Hamburg, Germany
Nov 24, 2016 9:21 AM
Replying to Anupam
...
What are the success criteria that will indicate customer satisfaction, benefits delivered?
Hello Anupam,

like you may have seen we have already the question "What would make the project a success for you? " in this section.
Do you expect other results as answers to your question? Should this be added or may it be redundant then?

Regards,

Markus
avatar
Markus Kopko AI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM AI Coach| PMotion.ai Hamburg, Hamburg, Germany
Hello all,

you can access an interactive online version of the “Knowing your Sponsor” (version 1.0) map here:

http://www.projectmanagement.plus/mp4pmmap...oject%20Sponsor

Please use this version for review.

If you want to use the map and/or work with it, then please download it from here:

http://projectmanagement.plus/en/mp4pm/mp4pm-downloads

You will receive a ZIP/RAR File which not only contain the mindmap as a .mmap and a PDF version (.mmap is the original MindManager file format but could be opened by XMInd too for instance!) but also the content in various other formats (like the popular MS Office formats for instance).

For downloading the map/files you need to be logged in at

www.projectmanagement.plus

If you have any feedback/critic/additions to the map/its content please let a comment as the website or write a posting here.

Thanks a lot!
...
1 reply by Rami Kaibni
Dec 19, 2016 12:34 PM
Rami Kaibni
...
Excellent Chart & Effort Markus - Thank You
avatar
Rami Kaibni
Community Champion
Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
Dec 19, 2016 8:37 AM
Replying to Markus Kopko
...
Hello all,

you can access an interactive online version of the “Knowing your Sponsor” (version 1.0) map here:

http://www.projectmanagement.plus/mp4pmmap...oject%20Sponsor

Please use this version for review.

If you want to use the map and/or work with it, then please download it from here:

http://projectmanagement.plus/en/mp4pm/mp4pm-downloads

You will receive a ZIP/RAR File which not only contain the mindmap as a .mmap and a PDF version (.mmap is the original MindManager file format but could be opened by XMInd too for instance!) but also the content in various other formats (like the popular MS Office formats for instance).

For downloading the map/files you need to be logged in at

www.projectmanagement.plus

If you have any feedback/critic/additions to the map/its content please let a comment as the website or write a posting here.

Thanks a lot!
Excellent Chart & Effort Markus - Thank You
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