Business Value & Strategy Flashcards
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Terms in this set
- Business Value The net quantifiable benefit a project delivers to the organization.
- Business Case The justification for the project, showing the expected benefits outweigh the costs.
- Benefits Realization Ensuring the project's intended benefits are actually achieved, often after delivery.
- Organizational Change Management Preparing and supporting people so they adopt the changes a project introduces.
- Project vs Program vs Portfolio Projects deliver outputs, programs coordinate related projects for benefits, and portfolios align all work to strategy.
- External Environment Factors Outside influences such as market shifts, regulations, and competitors that affect the project.