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the PMKI

Value and Benefits Realisation

Location:  PMKI > Organisations & Governance > Value and Benefits Realisation

This subject focuses on the process of creating value for the organisation through the measurement and management of benefits from identification to realisation and understanding the link between delivering benefits and creating value.

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Topics included in Value and Benefits Realisation:

- Useful external web-links

Other related sections of the PMKI:

- For more on project/program selection and prioritisation
   see Portfolio Management.

Temporary Subject List - this page is being rebuilt:

  • Value and Benefits management: the process of creating benefits that deliver value to the organisation: 
    • WP: Outputs, Outcomes and Benefits.  The relationship between goals, objectives, outputs, deliverables, outcomes, benefits and value.    
    • WP: Benefits and Value. Benefits management and the value chain between the creation of a deliverable and the creation of quantifiable value.     
    • Art : Achieving Real Project Success. There are at least three different criteria for success that can operate independently: Project Management Success, Technical Success and Business Success.   
    • Blg: Who Manages Benefits?  The various managers and other stakeholders involved in managing the realisation of benefits. 
    • Prs: Who Really Benefits?  Value is in the eye of the stakeholder! Developing a realistic and achievable benefits management plan requires understanding which stakeholders really matter and discovering what is really important to them.  
    • Art: What is the value of value? Value is a concept that is unique to each organization and encompasses the total sum of all tangible and intangible ‘value elements’.   
    • Art: Who values value? Assessing and measuring the full value of a proposal in the unique context of each organisation.   
    • PP: Avoiding the Successful Failure!  Delivering to time, cost and scope may not be enough, the value of a project is determined by its end users and may change over time.  
    • ArtCreating Value from Change. The different roles involved in generating value from the change created by a project.   
    • Art: Performance Management - the creation of value. Value is maximised when the organisation's objectives, strategy and project delivery are aligned.  
    • Art: Stop Throwing Money Away! The effect of sunk costs and emotions on the decision to kill a project.

Useful external web-links

  • External Link - to be added
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