Benchmark
A benchmark is a accepted standard of performance that has been achieved by a member or members of an industry group....
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A benchmark is a accepted standard of performance that has been achieved by a member or members of an industry group....
Benchmarking determines where the enterprise is in relation to performing activities with "best-of-breed" or world-class companies. It measures the performance or the degree of success that has been realized in comparison to other companies for a given activity, value stream, or other factors of interest. These measures then become the basis for analysis and redesign.
My blog is part of my passion for professional development—of myself and others. My areas of project management experience and expertise are benchmarking, investment analysis and front-end planning, and my blog will covers these subject in a series of posts.
A technique used for estimating the direct (tangible) or indirect (intangible) favorable results of an action taken. Tangible benefits can be measured in terms of their direct monetary value, such as increase in revenue; intangible benefits are the favorable results that may not be measurable in dollar terms, such as improved morale of the employees, but can be estimated using a qualitative approach.
Definition
Benefits are tangible or intangible positive results of a project or program. Project benefits are distinct from project deliverables.
Benefits Management is a structured process to ensure that a project or program delivers the value sought by stakeholders. ...
This blog will look at the practice of benefits realization and how it applies to both Program Management and the overall Portfolio, Program, Project Methodology (as well as Business Analysis and Organizational Change Management)
Risks are all over your project, from the birth of the idea to completion. Maximize benefits with true risk management of your project. In this blog, I bring ideas, some basic level of knowledge on key project subjects. I try to have everything identical in English and French.
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