Skip to Main Content
Skip to Navigation
Project Management Orientation

Business Benefits are Being Realized Key

This key is closely related to the Stakeholder key.  Clients want solutions to their business problems not just a strategy or system.  The project team and the customer must understand why the project is being undertaken, and they both need to understand how the project benefits the customer.  If stakeholders do not perceive any business benefit, they will probably lose commitment to the project.

Here are some criteria for assessing the Business Benefits are Being Realized key:

And here are the healthy and unhealthy signs to look for.

Healthy Signs

    • A compelling reason to implement is evident.
    • The difference to the business can be measured

Unhealthy Signs

    • Members of the team keep asking, "Why are we doing this?"
    • People are sabotaging efforts.
    • Time is not important.
    • Cost is too important.

Some projects start out without a sound business case.  Such projects are doomed to failure.  Some projects have sound business cases but, somewhere into the project, they lose that focus and never regain it.  Ensure that your stakeholders stay focused on the business benefits;  otherwise they will focus on how much the project costs.

Business Benefits are Being Realized Key icon
1: Getting Started
2: Define the Project Team
3: Team Management
4: Identify and Validate Requirements
5: Create Decomposition Structures
6: Risk Management
7: Project Estimates
8: Project Schedules
9: Change Management
10: Project Control and Execution
Defining the Project
11: Project Management Review
12: Project Closeout
13: Project Management Tool Suite
14: Self-Assessment and Final Exam
Fast Points
Concepts
Seven Keys
Case Study
WWPMM
Mentor
Check Point
Previous button
Next button
Print button
Help button
Glossary button
Exit course button