Benefits Mgmt Flashcards
Benefits
gains realized by portfolio, program, project outputs
value
net result minus cost of achieving those benefits
Business value
- Sharehold value
- Customer value
- Employee knowleadge
- Channel partner value
- Social value
Value Analysis
examin each of the aspects of business value -> understanding cost -> improve cost to increase business value
Benefits Realization Plan
document describing activities to achieve benefits. It defines:
- Assumptions - Metrics - Roles - How transform benefits/capabilities in to even more benefits/capabilities
Benefits mgmt plan
document describing how and when benefits will be derived/measured:
- Taraget benefits - Strategic alignment - Time frame - Benefits owner - Metrics - Risks
benefits sustainment plan
defines how the responsibility for sustaining the benefits passes within the organization
benefits breakdown structure
models the benefits the stakeholders expect to see
ROI
Return on investment - (zysk)/(zaiwestowana kasa) *100%
NPV
(Net present value)
NPV=PV-K
różnica pomiędzy zdyskontowanymi przepływami pieniężnymi (PV) a nakładami początkowymi (K)
IRR
(Internal rate of return)
PV
(Present Value)
current value of a future sum of money (infaltion)
Decision tree analysis
method to evaluate many possible outcomes -> probabilty/impacts -> decide on branch with gratest value
Key benefit of agile approach (in context of benefits)
deliver value early (MVP) -> allow getting benefits early
How inform stakeholders about delivered value in agile?
Demo at the end of sprint -> check progress and get feedback