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Maximizing Project Value

Defining, Managing, and Measuring for Optimal Return

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What good is a project that is on time and on budget but yields no bottom-line results? A project that fails to meet expectations, lacks user acceptance, or flops in the market is ultimately worthless. While being timely and cost-effective is important, project managers must adopt a new philosophy focused on delivering true value. This guide emphasizes the importance of value throughout a project's lifecycle, from inception to completion and beyond, to assess its ongoing worth to the organization. It provides a step-by-step plan to establish project value, identify key performance metrics, and track them effectively. You'll learn to generate accurate value estimates during the proposal stage, create a clear plan for measurable and ongoing value, secure buy-in from stakeholders, and manage the implementation team. Additionally, it offers strategies to adapt projects to evolving business objectives. Many projects lose sight of their original goals due to shifting resources and changing priorities. This resource serves as a practical blueprint for achieving project success that genuinely benefits your organization.

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Maximizing Project Value, Jeff Berman

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Released
2006
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