What Business Value Is to Project Management

What Business Value Is to Project Management

 

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 organization. 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 organization. It can serve as the reason why an organization is embarking on project execution in the first place.

 

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managing within the framework

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

 

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