Benefits Mgmt Flashcards

1
Q

Benefits

A

gains realized by portfolio, program, project outputs

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2
Q

value

A

net result minus cost of achieving those benefits

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3
Q

Business value

A
  • Sharehold value
  • Customer value
  • Employee knowleadge
  • Channel partner value
  • Social value
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4
Q

Value Analysis

A

examin each of the aspects of business value -> understanding cost -> improve cost to increase business value

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5
Q

Benefits Realization Plan

A

document describing activities to achieve benefits. It defines:

        - Assumptions
        - Metrics
        - Roles
        - How transform benefits/capabilities in to even more benefits/capabilities
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6
Q

Benefits mgmt plan

A

document describing how and when benefits will be derived/measured:

        - Taraget benefits
        - Strategic alignment
        - Time frame
        - Benefits owner
        - Metrics
        - Risks
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7
Q

benefits sustainment plan

A

defines how the responsibility for sustaining the benefits passes within the organization

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8
Q

benefits breakdown structure

A

models the benefits the stakeholders expect to see

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9
Q

ROI

A

Return on investment - (zysk)/(zaiwestowana kasa) *100%

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10
Q

NPV

A

(Net present value)
NPV=PV-K
różnica pomiędzy zdyskontowanymi przepływami pieniężnymi (PV) a nakładami początkowymi (K)

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11
Q

IRR

A

(Internal rate of return)

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12
Q

PV

A

(Present Value)

current value of a future sum of money (infaltion)

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13
Q

Decision tree analysis

A

method to evaluate many possible outcomes -> probabilty/impacts -> decide on branch with gratest value

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14
Q

Key benefit of agile approach (in context of benefits)

A

deliver value early (MVP) -> allow getting benefits early

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15
Q

How inform stakeholders about delivered value in agile?

A

Demo at the end of sprint -> check progress and get feedback

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