What Business Value Is to Project Management

business value

Introduction

 

One word that is very common when you are in a Project management environment is Business value. It is as if everyone is concerned about what value the project is going to add to the organisation. That is why as a Project Manager managing a Project, your eyes must also be on the value that the stakeholders want to see at the end of the day.

What Business Value Is to Project Management

The business value of any project can be seen as the sum of all tangible and intangible benefits that a project will add to an organisation. It can serve as the reason why an organisation is embarking on project execution in the first place.

 

managing within the framework

It is the duty of every Project Managers to manage their project within the framework of the organisation. As the Project Manager, you have to make sure that the same rules and regulations that apply in the organisation are also applied to your project. The same politics that guides organisational framework must also guide the project environment as well.

 

 

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What Business Value Is to Project Management 1

Adeniyi Salau PMP , CCNA R&S , CDMP, CEP, MOS, MCP, CSCU (Project 2016), Microsoft Certified Security and Networking Associate is a Google and Beingcert Certified Digital Marketer, Project Manager and SEO Expert of repute with about a decade of Blogging and online marketing experience. He is always ready to share his experience with others.

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