Project Management

Benefits Realization Management – A Model for Projects and Programs

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60m 10s
Duration
1.00
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Overview

One of the most difficult, yet important, questions regarding projects is "What advantages will this project create for the investors and key stakeholders?" Projects and programs should be treated as investments. This means that the focus of projects shifts from delivering within the triple constraints (time–cost–quality) towards some of the more fundamental questions: What is the purpose of this investment? What are the specific advantages expected? Are these benefits worth the investment?

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Acknowledgements: Kimberly Whitby and Derrick May

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